Brazilian cattle fattened with Middle Eastern cash - leatherbiz: Leadi Leatherbiz

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Brazilian cattle fattened with Middle Eastern cash

20/01/2014
Abu Dhabi Equity Partners (ADEP) has raised $25 million which will be invested in 70,000 cattle in Brazil to help feedlots maximise their capacities.

The fund will enable ranchers to purchase more cattle, and the Islamic scheme will take a share of the profits when they are sold to processors as part of ADEP’s new strategy to invest in shorter-term assets.

The cattle will be kept in separate feedlots and investors will be able to monitor them through a surveillance company.






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