We operate at the intersection of capital, strategy and execution readiness
About Us
Lagoa was built for a single purpose: translating Brazil’s complexity into institutional-grade capital outcomes for global sponsors and investors.
We operate between sponsors and capital. On one side, we understand the structural, regulatory, and sequencing constraints that shape outcomes in Brazil. On the other, we apply investor-level discipline to readiness, governance, documentation, and risk visibility before capital is engaged, ensuring decisions are made at the right moment, under the right structure, with risks clearly framed rather than deferred.
Our work is selective and mandate-driven. We engage where structure matters, where execution risk is real, and where early missteps are costly to reverse. Each mandate is supported by a specialist network aligned to the asset, geography, and regulatory profile, while Lagoa remains accountable for decision quality, process integrity, and strategic direction.
We are not a generalist advisory firm. We operate with institutional standards, high thresholds for counterparties, and a clear bias toward clarity over activity. Our role is not to create volume, but to ensure capital is engaged deliberately, underwriteable structures are in place, and risk is surfaced rather than obscured.
Our Focus
Lagoa operates at the intersection of capital, structure, and execution, turning complex opportunities into institutional grade transactions. We focus on mandates where readiness, governance, and disciplined capital design create measurable impact.
🟦 Growth & Acquisition Capital
We structure and execute capital processes for complex mandates, including:
Structured debt and equity solutions
Bespoke capital stacks for large CapEx projects
Strategic capital partnerships and co-investment structures
Investor positioning, materials, and capital process management
We prioritize mandates where capital is the unlock and where structure meaningfully improves outcomes.
🟩 Real Asset Strategy and Project Development
We support mandates in sectors where Brazil execution and sequencing are critical, including:
Digital infrastructure
Energy and power linked projects
Mining and industrial assets
Logistics and strategic real estate tied to infrastructure
We engage where projects are already capitalized or backed by committed sponsors and require disciplined execution, structuring, or transition to financing.
🟪 Special Situations
For select situations where complexity is the opportunity, we support:
Structured credit and bespoke transactions
Distressed or non-standard situations with clear pathways to resolution
Complex claims, recoverables, or idiosyncratic assets
Special situations are evaluated selectively and must meet institutional standards for documentation and enforceability.
Our Approach
Every engagement follows a defined path grounded in readiness, discipline, and decision quality. We work selectively with opportunities that demonstrate clear potential to withstand institutional scrutiny and transact efficiently with serious capital.
Qualification
We begin by assessing fundamentals. This includes documentation quality, governance structure, commercial logic, and overall readiness. The objective is to determine whether the opportunity can credibly engage institutional capital and, if so, to define the appropriate capital strategy before resources are committed.
Structuring
Once qualified, we align financial, legal, and governance elements into a coherent, investor-ready framework. This phase focuses on capital structure design, risk allocation, governance mechanics, and internal consistency—ensuring the opportunity is underwriteable, not merely presentable.
Positioning
We shape the institutional narrative by integrating strategy, data, and documentation into a clear and disciplined investment case. The goal is precision: communicating risk, structure, and value in a way that resonates with the specific capital partners best suited to the mandate.
Closing Support
We support mandates through completion at the strategic and advisory level, maintaining discipline, transparency, and alignment through final decision-making. Our role is to safeguard structure and intent so that transactions close on terms that are durable, defensible, and built to perform.
🟦 GROWTH & ACQUISITION CAPITAL
Lagoa advises proven operators, asset owners, and sponsors seeking institutional capital to expand, modernize, or consolidate established businesses and platforms. We focus on execution-ready, real-economy assets where structure, governance, and performance visibility support disciplined capital deployment.
These mandates typically involve operating or brownfield-stage assets pursuing scale, acquisition, or recapitalization. Our role is to design the capital strategy, structuring framework, and partner alignment required to support sustainable growth and institutional underwriting.
Core Verticals
Industrial & Infrastructure Assets
Lagoa focuses on large-scale industrial and infrastructure-driven assets where capital structure, governance, and execution sequencing materially affect outcomes. Our mandates span energy, logistics, mining, manufacturing, digital infrastructure, transportation, and infrastructure-enabled real assets with established operations or validated development pathways.
This includes operating platforms and late-stage brownfield assets where value is driven by systems, permits, energy, land, and long-term operating performance rather than speculative development or lifestyle positioning.
Transaction Profile
Ticket Size
Mid-market and institutional transactions typically ranging from USD $25 million to $250 million+, across operating, brownfield, and expansion-stage opportunities.Preferred Stage
We focus on opportunities where performance, documentation, and execution readiness can be independently verified.
Stage Focus by Asset Type
Industrial & Infrastructure Assets
Lagoa focuses on operational or late-stage brownfield assets where execution, permitting, energy access, and governance materially impact outcomes.
Typical characteristics include:
Operating or brownfield-stage assets
Completed feasibility, environmental, and technical validation
Defined expansion, optimization, or recapitalization strategy
Clear control over land, permits, and operating rights
This category includes energy, logistics, manufacturing, transportation, digital infrastructure, infrastructure-enabled real assets, and complex mixed-use projects where value is driven by systems, infrastructure, and long-term operating performance rather than speculative development.
Mining & Natural Resources
Mining mandates are evaluated under sector-specific institutional standards.
Typical characteristics include:
Brownfield or advanced-stage projects
Issued NI 43-101, JORC, or equivalent technical reports
Valid exploration or operating licenses in place
Clear development, expansion, or monetization pathway
Qualification and General Requirements (All Sectors)
Each opportunity is evaluated according to its level of operational maturity, documentation, and alignment with institutional capital standards.
Proven operations and consistent cash-flow history
Clear sponsorship and governance framework
Capex and equity structure aligned with institutional investors
Transparent financials, audited or reviewed by third parties
Strong asset base, permits, and operational control in place
For Industrial, Energy, and Infrastructure Projects
Completed feasibility, environmental, and technical validation reports
Defined execution timeline and contractor framework
Verified off-take or concession agreements where applicable
For Mining Projects
NI-43-101, JORC, or equivalent geological and technical reports already issued
Valid exploration or operating licenses
🟩 REAL ASSET AND PROJECT DEVELOPMENT
Brazil offers extraordinary infrastructure opportunities and unforgiving complexity.
Lagoa works at the decision and governance layer, helping clients structure, de-risk, and execute large-scale infrastructure projects where capital, regulation, land, energy, and timing intersect. We engage selectively on projects where clarity, discipline, and senior judgment materially change outcomes.
Lagoa operates across three engagement phases. Each phase is clearly scoped, optional, and aligned with decision-making responsibility.
Phase 1: Strategic Advisory & Project Architecture
Objective:
Determine if, where, and how an infrastructure project should proceed in Brazil before capital and time are committed.
What we do
Define project objectives, constraints, and success criteria
Structure Brazil entry and development hypotheses
Identify early risks across land, energy, permitting, and governance
Filter regions, approaches, and models before execution
Design the delivery and governance framework
What we don’t do in this phase
No execution
No filings
No construction
No bundled third-party studies
Outcome
Clear go / no-go decision
Defined path forward
Avoidance of irreversible mistakes
Phase 2A: Governance, De-risking & Decision Control
Objective:
Maintain senior oversight while the client or third parties execute defined workstreams.
Key services
Act as central coordination and escalation layer
Sequence decisions across land, power, permitting, and structure
Interpret third-party technical and legal inputs
Pressure-test assumptions and timelines
Maintain governance discipline
What we don’t do in this phase
No execution responsibility in this phase
Outcome
Decisions made with full context
Reduced execution and regulatory risk
Optionality preserved
Phase 2B: Selective Development Leadership
Objective:
Lead development for sponsors who choose to externalize development leadership.
Important
Phase 2B is selective and project-specific.
Key services
Act as senior development lead
Coordinate specialist execution (legal, engineering, environmental, utilities)
Manage development timeline and governance
Prepare project for construction, operation, or capital events
What we don’t do
Full EPC execution
Operational management
Outcome
Shovel-ready or turnkey asset
Clean handover to operator or construction partner
Sectors We Engage In
Lagoa works with institutional and strategic counter-parties deploying significant capital into Brazil and other complex jurisdictions.
Our mandates are selective and senior-led, structured around phased engagements with clear decision points.
Minimum project size: US$100M+ CapEx
Typical engagement: Phased, milestone-driven
We focus on large-scale infrastructure and real asset projects where coordination, governance, and sequencing materially impact outcomes.
Our team’s experience spans:
Digital Infrastructure
Energy and Power Infrastructure
Mining and Industrial Projects
Advanced Manufacturing
Logistics and Strategic Industrial Assets
Note: Lagoa does not raise capital for speculative or early-stage greenfield concepts.
Our work begins at decision-ready or development-ready stages, where capital, governance, and execution strategy can be aligned with institutional requirements.
🟪 SPECIAL SITUATIONS
We help legal, corporate, and institutional stakeholders unlock liquidity from complex, time-bound, or underutilized assets. You bring enforceable rights, verified receivables, or contractual claims, we provide the structure, investor alignment, and documentation support needed to turn complexity into capital.
Each opportunity is evaluated for legal clarity, documentation strength, and downside protection, with a focus on credible counter-parties, transparent recovery paths, and measurable timelines. Our work combines legal precision with financial structure, delivering institutional confidence in complex asset environments.
Core Verticals
Arbitration Award Monetization
Legal Fee Financing & Litigation Funding
Precatórios
Future Fee Entitlements & Special Situations
Digital & Alternative Receivables
1. Arbitration Award Monetization
You’ve secured an enforceable arbitration award with a clear recovery path. We help design monetization frameworks that convert future outcomes into present liquidity while maintaining strategic control.
Minimum Award Size: USD $25 million
Expected Resolution: within 36 months
2. Legal Fee Financing / Litigation Funding
You’re managing a high-value commercial or arbitration case. We provide access to non-recourse capital to cover counsel fees, arbitration costs, and case-related expenses, with returns linked to successful outcomes or settlements.
Funding Range: USD $1M–$10 million
Return Model: success-based, tied to resolution
Preferred Stage: early or mid-stage disputes where capital can shape strategy and pace
3. Precatórios
You hold eligible federal or select state-level judicial receivables with strong legal standing. We help structure and position these assets to attract institutional participation and accelerate recovery.
Repayment Horizon: up to 48 months
Transaction Size: R$ 15M–R$ 250 million
*On a selective basis, we may also consider tickets between R$5 million and R$15 million when payment is expected within 24 months and supported by full documentation, with structure and returns aligned to institutional standards.
4. Future Fee Entitlements & Special Situations
You have verified receivables or deferred payments from sponsorships, export contracts, infrastructure projects, or other confirmed obligations. We help structure these into liquidity events that complement broader corporate or asset-finance strategies.
Cash-Flow Horizon: up to 3 years
Minimum Funding Size: USD $1 million
Across all special situations, our objective remains consistent: to provide structured liquidity solutions that complement institutional mandates, strengthen counter-parties, and enable timely execution.
5. Digital & Alternative Receivables
We seek credit opportunities backed by performing receivables from fintech and technology-enabled platforms, including payment flows, merchant contracts, and consumer or SME loan portfolios.
Ticket Size: USD $3–7million (expandable for multi-tranche or syndicated structures)
Structure: Securitized notes, FIDC funds, or SPE/SPV-based facilities backed by receivables (not corporate debt)
Asset Type: Fintech loan books, payment flows, merchant advances, or digital credit portfolios with verifiable data and repayment history
Stage: Performing or seasoned portfolios with established servicing and collection mechanisms
Impact: Preference for platforms expanding credit access or improving financial efficiency for end customers
Contact us
Have a project or opportunity ready for capital? Let’s discuss how we can help structure and position it for success. Please provide your contact details below.