American investment fund The Rise Fund invests in Uganda’s Pearl Dairy

UGANDA – The Rise Fund, a global impact investment fund managed by American private equity firm, TPG Capital has acquired a 34% stake in Uganda’s leading dairy company, Pearl Dairy. Pearl, which markets its products under the flagship brand LATO, is the largest dairy processor in Uganda, with installed processing capacity of 800,000 liters of raw milk per day. Operating since 2013, Pearl Dairy’s vision is to create more consistent demand for Uganda’s smallholder farmers, while promoting more hygienic milk production techniques. Since inception, the company has grown rapidly to…

Read More