SANTA MONICA, Calif., Oct. 8, 2020 /PRNewswire/ — Pontifax AgTech Management (“Pontifax AgTech” or “the Firm”), a leading global growth capital investor in the global food and agriculture sector, today announced the final close of its second fund, Pontifax Global Food and Agriculture Technology Fund II (“Fund II”), with commitments totaling $302 million. Fund II reached its extended hard cap of $300 million and was oversubscribed, bringing the Firm’s current total AUM to $465M.
Fund II attracted commitments from leading institutional investors, comprised of domestic and international financial institutions, state pension funds, university endowments, foundations, investment firms, large-scale growers and family offices. The Firm’s initial fund closed at $105 million in October 2017.
Pontifax AgTech invests globally in commercially established businesses with proven technologies that improve the productivity, sustainability and efficiency of the food and agriculture supply chain. The Firm’s principals work with a proprietary network