The Rohatyn Group Closes $72 Million Senior Secured Financing for Agropecuaria Santa Genoveva in Mexico

NEW YORK--(BUSINESS WIRE)--The Rohatyn Group (“TRG”), a global asset manager specializing in emerging markets and real assets, today announced the closing of a $72 million senior secured financing for Agropecuaria Santa Genoveva, S.A.P.I. de C.V. (“AGSA”), one of the largest vertically integrated plantation teak operators in Latin America.

TRG led the structuring and underwriting of the transaction, drawing on its multi-disciplinary capabilities across its Private Credit and Forestry and Agriculture (“F&A”) teams. The financing, which is secured by first-priority interests in AGSA’s land and standing timber assets, will support AGSA’s continued growth as a regional timber leader.

Miguel Gutierrez, Head of Private Markets and Executive Partner at TRG, said: “This transaction exemplifies the strength of TRG as a global multi-asset manager with an established on-the-ground presence in Latin America. Our private credit team brings deep regional and structuring expertise, bolstered by its ability to leverage sector knowledge from across the firm, including our Forestry & Agriculture platform. The ability to integrate these capabilities across asset classes enables us to originate differentiated opportunities and deliver bespoke capital solutions.”

AGSA owns and sustainably manages approximately 17,000 planted hectares of FSC-certified plantations in Mexico and operates across the full forestry value chain, from plantation management to processed lumber production for global end markets. Teak, a premium hardwood valued for its durability, dimensional stability and aesthetic characteristics is widely used in furniture, decking, and marine applications worldwide.

“This transaction demonstrates TRG’s ability to originate, structure, and underwrite complex asset-backed private credit investments in emerging markets,” said George Monserrat, Head of Private Credit at TRG. “We worked closely with AGSA and multiple stakeholders to design a financing solution tailored to the company’s operational needs, while maintaining robust downside protection through a comprehensive collateral package.”

Erik Kankainen, F&A Partner at TRG, added: “AGSA is a storied operating company that pioneered much of the development of the region’s forestry sector and is a global leader in sustainable tropical hardwood. As forest products consumers place increasing emphasis on sustainability, companies like AGSA will play an increasingly important role in meeting market demand. We are proud to support AGSA’s expansion and their broader goals for regional development.”

Ignacio Demmer Guerra, President of AGSA, added: “TRG’s multidisciplinary team provided the technical, financial, and operational expertise critical to completing this transaction. Their understanding of forestry assets and structured credit positions us well for our next phase of growth. We are proud to partner with a team that combines global perspective with deep sector expertise, and we look forward to working alongside TRG as we strengthen operations and advance sustainable forestry in Mexico.”

This investment aligns with TRG’s broader private credit strategy in Latin America and showcases the firm’s forestry strategy in Latin America as part of its global real asset investment platform.

About TRG

Founded in 2002, The Rohatyn Group is an asset management firm focused on emerging markets and real assets. Headquartered in New York the firm is comprised of ~100 professionals based across North and South America, Europe, the Middle East, Africa, India, Southeast Asia, and Oceania.

TRG’s regionally focused private credit teams generally aim to identify local lending inefficiencies in emerging markets to provide structured senior secured capital solutions to mid-market companies across various sectors.

TRG’s Forestry & Agriculture team, “TRG F&A”, (formerly GMO Renewable Resources) comprises a seasoned team of land investment professionals that has been investing over more than 25 years across three continents and a broad range of species. TRG F&A invests in and manages diversified portfolios of timberland and farmland on behalf of its clients. The team focuses on high-quality properties in established forestry and agricultural regions, partnering with experienced local operators to drive long-term value. The F&A team currently manages approximately 518,000 hectares across nine countries.