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Fidante partners with Proterra to provide access to Asian foods

News Team, 17/11/2020

Asset manager Fidante Partners (Fidante), has partnered with Proterra Investment Partners, a private equity fund manager focused on the food and agribusiness sectors, to provide European investors with access to Asia’s thriving and resilient food sector.

Proterra’s team is known as a specialist alternative investment manager focused on the global food and agriculture sectors. Headquartered in the US, Proterra has over $3.2 billion of assets under management.

Proterra Asia is the Asian arm of Proterra Investment Partners operating out of Singapore, Shanghai and Mumbai, and managing an existing portfolio footprint across Asia of over $1 billion.  Proterra Asia’s Food Strategy invests across the entire food value chain in Asia, with particular focus on the fast growing and high return-oriented branded food sector.

The strategy focuses on subsectors of the food industry that benefit from rapid Asian consumer demand growth and leverages Proterra’s expertise in food supply chains to profitably commercialise proven food technologies, with a relentless focus on food quality and safety.

David Cubbin, Head of Distribution, Fidante Partners, said: “Proterra Asia’s Food Strategy offers an appealing investment prospect for investors, tackling increasing demand for quality food in Asia. Demand for premium foods in Asia is stronger than ever, primarily driven by a new generation of higher income consumers who are hyper connected through the Internet and increasingly prioritizing health and sustainability. We are excited by the opportunity to partner with Proterra, bringing their high-quality team, expertise, and compelling investment thesis to the attention of the European investment community.

“This partnership with Proterra is part of Fidante’s broader strategic plan to successfully build our European product set as well as our global distribution footprint. We are always striving to offer our clients access to innovative strategies from best in class managers around the world. Our strategic, operational and distribution expertise will enable Proterra to focus on what they do best - managing money.”

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