EFFINGHAM, Ill., Jan. 24, 2018 /PRNewswire/ -- Open Prairie is pleased to announce that its newest growth-stage private equity fund, the Open Prairie Rural Opportunities Fund, L.P., has received a license from the United States Department of Agriculture (USDA) to operate as a Rural Business Investment Company (RBIC). In conjunction with its licensure, the fund has also completed a first closing with strategic partner commitments of over $55 million from lead investors comprised of institutions within the Farm Credit System, commercial and community banks, family offices, farm organizations and individuals passionate about advancing agriculture and growth throughout rural America.
