Pan-African alternative investment firm, EXEO Capital’s new food sector investment  vehicle, Nurture Foods, this week announced its recent investment in The Fairview Cheese Company.

Riël Malan, Executive Chairman of Nurture Foods and Partner at EXEO Capital, says that a strong brand like Fairview sets the tone and lays the foundation for the establishment of Nurture Foods as a very focussed investment platform that provides investors exposure to the defensive convenience and functional food sector. “We are also excited that the transaction will enable the empowerment of Fairview Workers Trust to benefit from the anticipated growth of the brand, through the establishment of a goat milk supply company, owned by the workers of Fairview.

“Globally, the trend towards greater convenience, functional effects of food and consumer support of artisanal and ethical brands, is gaining momentum. Nurture Foods aims to partner with artisanal brands such as Fairview to achieve greater market penetration, efficiency through technology application and generally to support the platform businesses in growing a larger domestic and export market.”

Commenting on Nurture Food’s investment, Louis Lourens, Managing Director of The Fairview Cheese Company says: “The partnership with Nurture Foods will enable Fairview Cheese to expand its artisanal offer and develop valuable new export markets. We are very excited to take Fairview Cheese to a wider international market.”

Nurture Foods was established by EXEO Capital through its Food and Agribusiness fund, Agri-Vie Fund II, as a vehicle to drive  longer-term investing in the growing convenience & functional food sector. Using EXEO’s 13 years’ investment experience in the food sector in Sub-Sahara Africa, Nurture Foods will be partnering with seasoned food-entrepreneurs to build a platform of synergistic businesses that will grow and develop this highly differentiated sub-sector.

The Fairview Cheese Company was established in Paarl in 1980 by the Back family. Over the course of the last 40 years, Fairview Cheese established itself as the leading artisanal cheese producer in South Africa, producing more than 50 cow’s and goat’s milk cheese varieties. The Back family retains a significant stake in the business.

EXEO’s Agri-Vie Fund II is a private equity investment fund focused on the investment in the food and agribusiness sectors in Sub-Sahara Africa. Since 2008, this fund and its predecessor fund have invested over US$ 150 million in the food and agribusiness sector.



About EXEO Capital

EXEO Capital is a pan-African alternative investment firm with approximately USD 250m assets under management. The firm operates from Cape Town, Nairobi and Mauritius. The firm’s investment philosophy focuses on investing in and building businesses for sound financial returns as well as positive impact. The firm is known for its investment activities in the food & agribusiness sector through the Agri-Vie Funds under its management. EXEO Capital invests additionally in strategically selected sectors including non-food FMCG, private education, healthcare, and logistics. EXEO, pronounced ex-AY-o, means ‘go forth’ in Latin. Visit for more information.

EXEO is a financial service provider authorised by the Financial Services Board, Registration number 46251. For more information visit