FAO COMMODITY AND TRADE POLICY RESEARCH WORKING PAPERNo. 28 Foreign investments in developing country agriculture - The emerging role of private sector finance Patrick E. McNellis
(Paper presented at a broader FAO expert meeting in July 2009)
ABSTRACTThis paper reviews the actual and potential interest of institutional private sector investors in investing in developing country agriculture. The paper draws on in-depth industry information to identify trends and key players. It describes the nature and activities of the various types of private institutional investors including sovereign wealth funds, microfinance providers, investment managers, pension funds, hedge funds, private equity investors, banks and agribusiness. The paper notes that interest in investing in developing country agriculture has increased in each case as investors seek to diversify portfolios and to exploit profitable opportunities either individually or in collaborations between different types of investor.