InvestEco Capital closes sustainable food private equity fund

Photo of author

By Ted Liu

InvestEco Capital Corp., a Toronto based private equity firm that specializes in investments in the sustainable food sector, has held a second close and likely final close for its third sustainable food private equity fund. The fund is oversubscribed with total committed capital almost doubling its fundraising target of $50 million.

Notable limited partner investors include Export Development Canada (EDC) and Farm Credit Canada (FCC).

Fund III will continue to invest in expansion-stage companies in North America that promote health and sustainability in the food and agricultural sector.

Founded in 2002 and managed by GPs, Andrew Heintzman, Alex Chamberlain, and Charles Holt, InvestEco has invested in over fifteen private companies in renewable energy, water technologies, resource productivity technologies, efficient transportation solutions, food and agriculture health and sustainability sector.

Edit: InvestEco Capital officially announced the closing of the fund on June 1, 2020.

InvestEco welcomes new institutional investors Farm Credit Canada, BDC Capital, Fondaction, Fonds de solidarité FTQ and Vancity. They join the Fund’s lead institutional investors, The Co-operators and Export Development Canada, who were part of the initial close of the Fund in 2019.

photo credit: pixabay