Pontifax AgTech Fund I raises $105M
Pontifax AgTech Management said Oct. 11 that its first fund closed on $105 million in commitment. Investors of Pontifax Global Food and Agriculture Technology include financial institutions, university endowments, investment firms, large-scale growers and family offices. Pontifax AgTech, of Santa Monica, California, invests in the food and agriculture sector. In September, the firm sold Blue River Technology to John Deere for $305 million. PRESS RELEASE Santa Monica, CA – Oct
Pontifax AgTech Closes Fund I on $105m
Pontifax Food and Agriculture Technology Fund (Pontifax AgTech) has closed its first fund on $105 million, raising capital predominantly from institutional investors including university endowments, funds of funds, insurance companies, and asset managers. The growth equity fund held a first close of the fund in March 2016 after raising $25 million in cornerstone funding from a few family offices. They included two high profile private equity magnates — David Bonderman, founde
