- Arable invests in the food and agribusiness sector
- This investment brings Arable’s combined assets under management to over $550 million
- Founded in 2016, Arable is based in Bellevue, Washington
Arable Capital Partners has raised approximately $250 million in capital for its new follow-on fund Arable Capital LLC. The limited partners were not disclosed.
Arable invests in the food and agribusiness sector.
This investment brings Arable’s combined assets under management to over $550 million.
On the fundraising, Greg Richards, founder and managing director of Arable, said in a statement: “We are grateful for the ongoing commitment from our investors and remain focused on partnering with businesses across the food value chain. This additional investment reinforces the merits of our long-term approach to investing without an overreliance on leverage – an approach suited for the long-term nature of capital investments and business cycles of the food and agribusiness sector.”
Arable’s investments include Fresh Innovations, Laurel AG & Water, Pacific Trellis Fruit, and Royal Ridge Fruits.
Founded in 2016, Arable is based in Bellevue, Washington.