Food Fund 2 (Phatisa Food Fund 2)

PHATISA FOOD FUND 2
Region: Sub-Saharan Africa
Sector: Food production and growing consumer demand
Deal type: Buyout, partial exits and expansion – from US$10m – US$30m
First close: US$ 121.5 million; re-investments represent 88% of total commitments (October 2018)
Final close target: US$ 300 million
Fund type: 10-year closed-end fund
Commitment period: Five years
ROLFES GROUP
Country: South Africa
The business: Supplier of agricultural, food, industrial and water chemical management solutions and services for both the South African and international markets.
Deal type: Expansion capital
Vintage: 2020
FES GROUP
Country: Malawi and Zambia
The business: An integrated agricultural solutions provider to the agricultural sector in Malawi and Zambia.
Deal type: Expansion capital
Vintage: 2020