India-based Rabo Equity Advisors Pvt. Ltd, an investment arm of German commercial banking services provider Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., is seeking to secure $350 million to $400 million for its third fund.

The homegrown fund will also be exploring investment opportunities in distressed food and agriculture businesses.

Rabo Equity Advisors will do some buyouts from the new fund which would require a bigger corpus.

Rabo Equity is likely to start the fundraising in the first quarter of the calendar year 2019.