Finance
Hosen Capital Announces the Closing of Hosen Fund III
Hosen Capital a leading private equity firm announces closing for Hosen Fund III, having a total investment commitment of $440.
Hosen Capital, a leading private equity firm focused on consumption driven opportunities in food and agribusiness, announced today that it has completed a final closing for Hosen Fund III, (“Fund III”), with total investor commitments of $440 million.
The oversubscribed fund experienced significant demand and closed after eight months in the market with support from a diverse range of institutional investors from the U.S., Europe, the Middle East and Asia. Eaton Partners, a Stifel Company, served as advisor and exclusive fund placement agent, and Clifford Chance acted as legal counsel to Hosen in the offering of Fund III.
“We are humbled to have received tremendous support from such a quality group of investors,” said Alex Zhang, Co-Founder and Managing Partner of Hosen Capital. “With the closing of Fund III, we are very well positioned and appropriately resourced to continue to capitalize on fundamental mid-market opportunities in the global food and agribusiness value chain that are helping to drive consumption and growth in China, where today food represents almost a quarter of household expenditures.”
“I have witnessed the meticulous focus, hard work and development of the Hosen team over the last five years,” said Chris Lerner, Partner and Head of Asia at Eaton Partners. “The successful closing of Fund III is a testament to Hosen’s reputation and track record as a leading investor and value add partner in the food space. We’re excited to see Hosen execute on this burgeoning market opportunity as strong fiduciaries for investors in the coming years.”