Agri-Vie Africa Investment Fund – Food & Agribusiness


Last updated 12 May 2020, by Impactyield.

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Agri-Vie is a private equity investment fund focused on food and agribusiness in Sub-Sahara Africa with a mission to generate an above average investment return, as well as demonstrable socio-economic development impacts through its equity investments in food and agribusinesses. As such, Agri-Vie is styled as an ‘impact investment fund’, harnessing investment disciplines to address development challenges. The fund’s vision is to be a catalyst for sustainable growth in Africa through investing in one of the foundational sectors of the continent. Agri-Vie seeks to realise this vision through deploying development capital and management know-how according to sound investment and business principles. More information is available at

Financial description

Raise capital from like minded long term impact investors. Deploy into selected food and agribusinesses. Develop and nurture investee companies for optimal financial and developmental impacts. Exit profitably to recycle capital into follow on investment programs.

15 years

of track record


the year funded

109,000,000 USD


Asset manager

SDG goals

SDG targets

Encourage companies to adopt sustainable practices and sustainability reporting

Universal access to safe and nutritious food

Sustainable food production and resilient agricultural practices

Full employment and decent work with equal pay

Key performance indicators

Fund overview

Asset manager: SP Fund Managers (SPFM)

Product track record: Fund has 15 years of track record

Target IRR: 15%

Committed Capital: 109,000,000 USD (US Dollar)

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:


Inception year: 2008

Vintage year: 2008

Target region: , ,

Target close date: 01/05/2009

Product term: 10 years

Assets under management: 109,000,000 USD (US Dollar)

Investment size: Min: 3,000,000; Max: 10,000,000; Avg: 6,000,000

Co-investment policy: ,

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 12

Fund investments to date exited or repaid: 0

Management fee: n.a.

Carried interest: n.a.

Hurdle rate: n.a.

GIIN Investors' Council Investment: Yes

Limited Partners / Investors: 8 limited partners

Limited Partner / Investor Type: Development Finance Institution (DFI), Other Institutional Investors




Phone number: +27 (0) 21 913 5662

If you wish to have your details removed from this database please email

Denham Wiercx

Investment Analyst

Herman Marais

Managing Director

Impact Performance


Impact thesis

Socio-economic development impacts through food security, rural livelihoods, job creation

Impact Management


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