Clarmondial has been developing the Food Securities Fund in collaboration with several well-known agricultural industry players and investors. This first-of-kind financial product will addresse a market gap for affordable finance for experienced local agricultural stakeholders operating according to best practices in established value chains. The Food Securities Fund will create a more efficient, scalable credit channel between qualified investors and emerging market agricultural companies. The fund application was submitted to the Luxembourg supervisory authority for the financial sector (Commission de Surveillance du Secteur Financier – CSSF) on 24 October 2016.
For more information, please refer to the press release (available here).