Aqua Capital, a private equity firm focused on growth investments in mid-market companies in Latin America, has held a final close on its Agribusiness & Food Fund with total capital commitments of US$173.4 million, exceeding its target of US$150 million. Limited partners in the fund include United States, European, Middle Eastern and Latin American development finance institutions, endowments, family offices, financial institutions and fund of funds. Aqua Capital intends to invest in the agribusiness and food sectors in Brazil and the Southern Cone of South America. The fund has already completed the acquisitions of two Brazil-based companies, cold storage and foodservice logistics operator Comfrio and micronutrients supplier Aminoagro.