

PE Magnates Take Pontifax to First Close on New Breed of Agtech Fund
A new breed of agtech fund is born. Pontifax Food and Agriculture Technology Fund (Pontifax AgTech), which just held a first close on a private equity vehicle which is targeting $200 million, differs from many of its peers in its approach to the sector. It invests in later stage deals; its founders made the first four investments before the fund was even formed; it’s committed to engaging strategic players in its investments; it has a unique footprint in both the US and Israe