FAO Strategies

Ceres Food & Agriculture Opportunity Fund LP (FAO) seeks to make early and growth-stage investments in smaller middle market operating companies in the North American Food and Agriculture sector. Food and Agriculture is an $800 billion sector representing nearly 5% of the U.S. economy and over 9% of U.S. employment, yet it has been underinvested for years. As one of only a small number of Agriculture-focused investment managers, Ceres sees exciting investment opportunities across the sector which are either proprietary or not widely shopped. 

Fund Details:

  • Target Return 15%-20% net of fees
  • 8-year term
  • 8% Preferred Return
  • Early-to Growth-Stage
  • Minority & Controlling Positions
  • Smaller Middle Market (<$10 million EBITDA)
  • Operating Companies