CaribGROW Fund
Private Equity in a Market the World Has Overlooked
The CaribGROW Fund was established to transform and scale sustainable food systems across the Caribbean. It is a direct outcome of the Caribbean Food Systems Investment Initiative (CFSII), a program funded by the United Nations Food and Agriculture Organization (FAO) to support research, stakeholder engagement, and field-building work to mobilize private capital to the region.
For over four years, the CFSII collaboration undertook rigorous research to design an investment strategy intended to transform the region's food systems by targeting high-impact opportunities across agriculture and fishery value chains, as well as the enabling infrastructure required to unlock their growth.
Intentional Asset Management serves as Investment Manager to the CaribGROW Fund. The Fund will invest primarily in growth-stage businesses across the food systems value chain. It will deploy common equity, preferred equity, and revenue-based financing instruments, providing flexible capital that meets the needs of local enterprises while balancing investor return expectations with sustainable impact.
Purpose and Opportunity
CaribGROW is intentionally designed to pioneer a systems-focused equity approach that strengthens food security, expands access to affordable and nutritious food, improves farmer and fisher livelihoods, and builds resilience to climate change, while at the same time:
Generating economic value for business owners,
Delivering attractive returns for investors, and
Complementing the roles of regional financial institutions and development partners.
The Fund will also foster integration with the Caribbean’s tourism and hospitality sectors, reducing the region’s USD 6 billion annual food import bill, a priority aligned with CARICOM’s “25 by 2025+5” initiative.
Key Differentiators
The CaribGROW Fund is guided by a set of principles that distinguish its design and approach from traditional private equity vehicles:
Equity Orientation: Offering patient, regenerative capital, including equity and revenue-based instruments, that complements traditional debt and builds long-term enterprise value.
Systems Approach: Targeting leverage points across production, processing, logistics, distribution, and climate-resilient infrastructure to unlock compounding impact.
Agri-Focus: Directly strengthening the region’s ability to feed itself while also developing export potential in high-demand areas such as fresh produce, superfoods, aquaculture, and ag-tech.
Market Transformation: Working to normalize equity as a viable and empowering tool in the Caribbean, addressing historical hesitancy toward equity financing and catalyzing follow-on private and institutional capital to the region.
Complementary programs delivered by the 17 Intentional Investment Institute (17III), an initiative affiliated with IAM.
Capacity Building: Investing in human capital through a dedicated fellowship program, training the next generation of Caribbean investment professionals in financial modeling, valuation, and private equity practice.
Technical Assistance: Grant-based pre- and post-investment support for portfolio companies across climate resilience, regenerative agriculture, nutrition, and equity financing, subject to available funding.
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Call To Action
Caribbean food systems businesses with established revenue that are seeking growth capital may submit information for review.
Submission does not create any obligation on the part of IAM or its affiliates. Please do not submit confidential information prior to the execution of a non-disclosure agreement. Information submitted is handled in accordance with our Privacy Policy.
Are you a financial institution or accredited investor interested in investing in the Caribbean region or a partner interested in supporting this work through technical assistance or other collaboration?
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