Elana Agricultural Land Opportunity Fund has successfully raised its capital to BGN 59.71 mln, the company said in filing with the Bulgarian Stock Exchange. The company offered 39.863 mln shares with a nominal value of BGN 1 and issue price of BGN 1.25, of which 39.78 mln shares have been subscribed and paid-in. Elana Agricultural Land Opportunity Fund had amassed 10,000 ha of agricultural land by mid-June 2006, a portfolio seen rising to 38,000 by February 2007.