List of 36 Specialist Agriculture Investors

Investor	PE Assets $mlns	Portfolio		M&A Activity Buy vs Sell, Last 5 Years
Investor	PE Assets $mlns	Total	Current	M&A Activity Buy vs Sell, Last 5 Years
Paine Schwartz Partners San Mateo, California, United States Private Equity Firm • 1997 • website See all 38	6,500	49	17
Butterfly Equity Beverly Hills, California, United States Private Equity Firm • 2016 • website See all 9	4,000	9	8
IDIA Capital Investissement Paris, France Corporate Investor • 1980 • website See all 18	2,254	96	93
Cerea Partners Neuilly sur Seine, France Private Equity Firm • 2004 • website See all 7	676	61	35
Unigrains Paris, France Private Equity Firm • 1963 • website See all 16	845	10	8
Arable Capital Partners LLC Bellevue, Washington, United States Private Equity Firm • 2016 • website See all 4	-	10	6
Platte River Equity Denver, Colorado, United States Private Equity Firm • 2006 • website See all 14	1,600	32	9
Blue Road Capital New York, New York, United States Private Equity Firm • website	-	6	6
Hillcore Group Toronto, Ontario, Canada Asset Manager • 2005 • website See all 9	-	16	16
Macquarie Infrastructure and Real Assets (MIRA) London, United Kingdom Infrastructure • website	119,000	26	15
Cadman Capital Group Tortola, Virgin Islands (British) Private Equity Firm • 2000 • website See all 5	-	17	14
Midwest Growth Partners West Des Moines, Iowa, United States Private Equity Firm • 2013 • website See all 7	325	15	15
Cimbria Capital Houston, Texas, United States Growth Capital Firm • 2015 • website See all 13	-	14	10
Forage Capital Partners Calgary, Alberta, Canada Growth Capital Firm • website See all 2	500	15	11
Rural American Fund Chicago, Illinois, United States Private Equity Firm • 2007 • website See all 2	-	6	5
Morrison & Co Wellington, New Zealand Infrastructure • 1988 • website See all 57	10,675	2	1

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