Luxembourg/ São Paulo, October 8, 2025 – The LAGreen Fund, has successfully completed its inaugural investment in Brazil with a first of its kind transaction for the Fund through a local instrument “agribusiness receivable-backed securities” (CRA by its Portuguese acronym). The investment of USD 3.7 million supports Gencau, a pioneering agribusiness dedicated to sustainable sourcing and processing cocoa, while ensuring solid traceability.
CRAs (Agribusiness Receivables Certificates) are bonds backed by receivables—future payments that farmers or agribusinesses are due from buyers of their products. They provide companies with upfront financing and give investors exposure to the agricultural sector, often with tax benefits. When issued under sustainable or green labels and accompanied by a Second Party Opinion (SPO), CRAs offer transparency and credibility for impact-focused investors in line with thematic bonds.
This transaction with Gencau denotes a series of landmarks for LAGreen: it’s debut in Brazilean capital markets, and it marks the capacity of the Fund to operate with local instruments like CRAs. This transaction is the second direct corporate investment, advancing the Fund strategic switch from financial institutions into corporate transactions. All these aspects reinforce LAGreen’s catalytic role and operations’ capacity to advance green capital markets.
The capacity to operate with local instruments and co-invest hand in hand with local institutional investors underscores the relevance of LAGreen as an international impact investor scaling sustainable finance and driving visibility for sustainable sourced value chains.
“This milestone reflects exactly what LAGreen was designed to do: shape new markets, catalyze private capital, and create measurable impact,” said Myriel Frische, Portfolio Manager. “Partnering with Gencau demonstrates how green finance can support both sustainable agriculture and resilient rural livelihoods.”
The proceeds of the investment will finance deforestation-free cocoa sourcing and expand agroforestry systems in the states of Pará and Rondônia. More than 800 smallholder farmers will benefit through fair pricing, technical assistance, and inclusion in traceable supply chains aligned with IFC Performance Standards.
Gencau CEO, Adriano Pedroso remarked “At Gencau, we believe that sustainable growth goes hand in hand with farmer prosperity and biodiversity conservation. This partnership with LAGreen Fund allows us to expand agroforestry, strengthen traceability, and offer fairer opportunities for hundreds of family farmers. Together, we are setting a new standard for responsible cocoa production.”
The investment leverages a model for sustainable agriculture CRAs in Brazil, contributing to the deepening of the country’s thematic bond market. By combining innovative financing tools and instruments, environmental rigor, and local co-investor mobilizations, this transaction sets a precedent for future agriculture focused capital flows in Latin America.
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Sobre LAGreen
LAGreen es el primer fondo de bonos verdes dedicado a América Latina. A través de la inversión en bonos verdes y el apoyo a nuevos emisores mediante asistencia técnica, LAGreen tiene como objetivo potenciar los beneficios ambientales y sociales en la región y promover la transición hacia una economía verde.
Como fondo de inversión de impacto, gestionado por Finance in Motion Asset Management y asesorado por Santander Asset Management, LAGreen fue creado como una iniciativa del banco de desarrollo alemán KfW, con capital semilla aportado por la Unión Europea (UE) y el Ministerio Federal de Cooperación Económica y Desarrollo de Alemania (BMZ).
Para más información, visite https://lagreen.lu y síganos en LinkedIn.
Sobre Finance in Motion
Finance in Motion es un gestor global de activos de impacto enfocado exclusivamente en el desarrollo sostenible en mercados emergentes y economías en desarrollo. La compañia estructura, gestiona y asesora fondos de inversión de impacto que reúnen a inversionistas públicos y privados para abordar el cambio climático, fortalecer la conservación de la biodiversidad, fomentar el uso sostenible de los recursos naturales, mejorar los medios de vida y promover oportunidades económicas.
Para más información, visite: www.finance-in-motion.com
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About Gencau
The Gencau Group was born from the union of two entrepreneurs passionate about chocolate. On one side, Ernesto Ary Neugebauer, descended from a pioneering family in the industry, which has been producing chocolate in Brazil since 1891. On the other, Adriano Sartori Pedroso, with experience in the industrial sector and over 10 years working with machinery, equipment, and solutions for the chocolate industry. The main goal of these two visionaries is to provide high-quality cocoa ingredients with guaranteed origins, respecting the entire production chain. This means operating sustainably, from the rural producer to the end customer.
Contacto de prensa LAGreen
Nusha Westhoff
Directora de Marketing y Comunicaciones
Teléfono: +49 69 271 035 742
Correo electrónico: info@lagreen.lu
Media contact Gencau
Lucas Cirilo
Marketing Director
Homepage: www.gencau.com
Email: contact@gencau.com
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