Luxembourg-based asset manager Peakbridge has made a final close of its Growth Fund II at $187 million and exceeding the fund’s initial target of $100 million announced two years ago.
PeakBridge specialises in investing in agri-food technology and is part of the Edmond de Rothschild Private Equity partnership.
The successful fundraising brings Peakbridge’s total assets under management to over $250m.
Francois-Xavier Vucekovic, CIO of Edmond de Rothschild Private Equity, said: “The success of this fundraising in today’s environment highlights the relevance of Peakbridge’s strategy of leveraging technology and know-how, to create a sustainable impact on the social and environmental challenges of the agriculture and food industry.”
