SPI Web Site v1.1
Creating Opportunity Where It's Needed Most
A A A share

IFC Projects Database

IFC Projects Database > Projects > Investment Projects
Amerra Fund
Summary of Investment Information

This Summary of Investment Information (SII) is prepared by IFC to disclose a factual summary of the main elements of the potential investment. It also includes findings and recommendations related to environmental and social considerations regarding this potential investment. The purpose of the SII is to enhance the transparency of IFC’s activities. For any project documentation or data included or attached herein that has been prepared by the project sponsor, authorization has been given for public release by the project sponsor. IFC considers that this SII is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein.
The SII is distributed in advance of IFC Board of Directors’ consideration and may be periodically updated thereafter. Board dates are estimates only and this document should not be construed as presuming the outcome of the Board Directors.

Project number 31891
RegionLatin America and the Caribbean
Company nameAmerra Latin America Finance LLC
Country
Latin America Region
SectorA-AJ - Other
DepartmentGbl Ind, Manufact, Agribus & Services
Environmental categoryFI2
StatusActive
Date SPI disclosedOctober 31, 2012
Projected board dateDecember 4, 2012
Last Updated DateOctober 31, 2012
Previous EventsInvested: May 31, 2013
Signed: May 10, 2013
Approved: December 6, 2012
  Overview     Sponsor/Cost/

Location  
  Development

Result  
  E&S Category

Rationale/Risks

and Mitigation  
  Contacts     Supporting

IDocumentation  

Project Description
AMERRA Capital Management, LLC, (AMERRA) is an investment fund manager, focused on providing customized agriculture-focused and commodity-based finance solutions throughout the Americas to producers, processors, distributors and traders. AMERRA has about US$600 million in assets under management across five funds and accounts.

After successful deployment of investor capital through several funds during 2009-2012, AMERRA is in the process of raising additional equity for the AMERRA Agri Fund II, LP (AMERRA Fund II) which will provide a broader range of finance solutions to its existing and new clients, especially longer loan maturities than it has not been able to provide up until now. The proposed project entails IFC making about US$50 million of credit available to AMERRA Fund II for up to 5 years, leveraging the capital it will have to lend (the Project).

Stay Connected