Gimv launches €60m fund

Belgian private equity firm Gimv and the Agri Investment Fund (AIF) have teamed up to launch a €60m fund focused on the agricultural sector and related sectors in the Benelux and neighbouring countries.

Both firms are investing €30m each into the Gimv Agri+ Investment Fund, which will be managed by Gimv’s Life Sciences team.

There are plans to tap up third-party investors in 2010.