Portfolio Solutions

INVESTMENT AREAS

Legacy Funds

Where Your Investment Meets the Frontier of Efficient Impact

It all began when a civil society organization approached us with a challenge: how to make its reserve capital work in favor of its mission, not just its financial goals? This fundamental question inspired us to create the Legacy Funds, an exclusive wealth management solution for organizations and families looking to invest with purpose.

Legacy Funds are structured to protect assets and ensure long-term sustainability. What sets them apart is the way assets are selected. At the core of our strategy lies the principle of the Efficient Impact Frontier—an evolution of modern portfolio theory.

Traditionally, investors seek the best balance between risk and return. We have added a third dimension: positive socio-environmental impact. Our methodology consists of identifying and building portfolios that deliver the greatest impact potential for each risk profile and return expectation. It’s not about sacrificing financial performance, but about enhancing it with measurable social and environmental results.

With Legacy Funds, your institution’s capital stops being a passive resource and becomes an active agent of transformation. Each asset in the portfolio is a step toward strengthening your mission, ensuring that your legacy is as solid as your financial returns.

Interested in building your legacy?

Investments committed to the future: VOX CCAT

We believe that regeneration is part of the future we want to build. Our investments in Nature-Based Solutions support projects that combine sustainable agriculture, environmental conservation, income generation, and community development. We operate with a systemic vision, a focus on innovation, and a commitment to the transition toward a low-carbon economy.

VOX CCAT FINANCIAL MULTIMARKET INVESTMENT FUND

Vox CCAT is an investment fund created to accelerate Brazil’s transition to sustainable and deforestation-free agriculture. The fund channels concessional capital into credit operations across the soy, cattle, and agroforestry value chains in the Cerrado and Amazon biomes — supporting producers, cooperatives, and companies to expand production without encroaching on natural areas.

How it works

CCAT uses concessional capital in subordinated positions within credit instruments — such as FIDCs, FIAGRO-FIDCs, and CRAs — reducing risk and enabling the entry of large-scale commercial capital.

Managed by VOX Capital the fund combines financial discipline and environmental criteria to build a benchmark portfolio that improves market confidence in investments driving land-use transition and sustainable tropical agriculture. The Nature Conservancy serves as the environmental and social impact advisor to VOX.

(*) soybean production will be financed only in the Cerrado, not in the Amazon.

Manager

Environmental and Social Impact Advisor

Investment Thesis

CCAT reduces the risk of credit operations by offering more favorable terms — on pricing, tenor, and guarantees — in exchange for firm commitments to zero deforestation, good agricultural practices, and full social and environmental compliance.

CCAT

VOX Capital

VOX Capital is responsible for the fund’s management, executing concessional investments guided by robust social and environmental criteria as a core part of the selection process.

Financial Vehicles

Banks, Asset Managers, and Securitization Companies

Resources will be allocated through financial instruments such as CRAs, FIDCs, and FIAGROs, channeling capital into subordinated tranches and expanding access to credit for stakeholders committed to responsible social and environmental practices.

Final Beneficiaries

Producers, Cooperatives, Companies

Producers and other end beneficiaries gain access to credit under more favorable conditions, including improved rates, maturities, and guarantees—contingent on compliance with sustainable and responsible practices.

Direct Impacts

Restoration of degraded areas
Increase in producers’ income
No deforestation
Improved ecosystem services
Reduction of GHG emissions

Indirect Impacts

Companies implement their DCF commitments.
Brazil positions itself as a global leader in sustainable, deforestation-free production.

Investment sectors and biomes

Cerrado

Soybean

Expansion of production on degraded lands.
Adoption of improved agricultural practices for environmental conservation and restoration.
Forest restoration and protection of legal reserves.

Cerrado and Amazônia

Cattle

Sustainable intensification of production.
Crop–Livestock–Forestry integration.
Forest restoration and protection of legal reserves.

Cerrado and Amazônia

agroforestry and non timber forest products

Implementation of agroforestry systems.
Sustainable use of forest products.
Bioeconomy solutions.

What makes Vox CCAT IS unique in the Brazilian market

Competitiveness

Offers better terms — price, tenor, and guarantees — than the market.

Customization

Structured to meet Brazil’s specific needs, drawing on IFACC’s experience.

Stability

Investments in Brazilian Reais (R$), with the option of USD indexation.

Flexibility

Flexible deal sizes, adapted to each production sector.

Transparency

Impact monitoring and public disclosure of results.

Criteria and goals

Eligibility criteria:

Biome, production sector, zero deforestation (cut-off date: Dec 31, 2020), land tenure compliance, forest protection, respect for traditional communities, fair labor conditions, and responsible water and pesticide management.

Impact indicators:

Hectares under sustainable management and restoration, capital mobilized, GHG emission reductions, among others.

Leverage goal:

For every US$ 1 from CCAT, up to US$ 4 in private capital mobilized.

Governance

All proposals are reviewed by Impact and Investment Committees to ensure decisions that balance financial returns with social and environmental outcomes.

Interested in accessing Vox CCAT IS resources?

CCAT invites financial institutions, asset managers, securitization firms, originators, and companies seeking sustainable financing to fill out the interest form.

This offering is intended exclusively for professional investors, as defined by CVM Resolution No. 30. The information contained herein is for informational purposes only and does not constitute a public offering of fund shares to the general public. Investors should read the fund’s documents before investing.
This offering was automatically registered with the CVM in accordance with CVM Resolution No. 160. geral. Investidores devem ler os documentos do fundo antes de investir.
Esta oferta foi registrada automaticamente na CVM conforme a Resolução CVM nº 160.