Pan-African alternative investment firm EXEO Capital this week announced the exit of its food and agribusiness fund, Agri-Vie Fund I, from Cape Olive Holdings – one of the largest table olive suppliers in South Africa.

Izak Strauss, partner and co-founder of EXEO Capital, explains that the firm had sold its 62.7% share, which the EXEO Agri-Vie Fund I acquired at the beginning of 2013, to Imibala, a subsidiary of the Lona Group and co-shareholder in Cape Olive. “The reason for the s...