Avocado orchard on a hillside under a wide sky in Mexico

AVO Oro Verde

The orchard is the asset.

AVO Oro Verde develops and operates avocado farmland in Mexico.

What we do

We develop and operate avocado farmland in Mexico

AVO Oro Verde plants, grows, and runs avocado orchards as a long-term real asset, and raises private capital from qualified investors to do it. We work the land ourselves, and how an orchard is run decides how long it keeps producing.

The asset

Why the land is scarce

Avocado farmland is scarce. The fruit needs particular altitude, soil, and steady water, and most of the ground that has all three is already planted. A new orchard gives its first commercial crop around year four and reaches full production in roughly eight to twelve years with modern methods. Those years are why new supply comes on slowly, and why the orchards already producing are worth holding.

Demand keeps climbing. World avocado production is projected to reach about 12 million tonnes by 2030, more than three times its 2010 level. The land that can grow the fruit does not expand at anything like that pace.

≈12M

tonnes by 2030

3× since 2010

Source: OECD-FAO Agricultural Outlook 2021–2030.
Two people walking between planted rows in the orchard

Who runs AVO Oro Verde

The people on the land

The orchards are run by people who have spent their careers in agriculture, finance, and getting Mexican fruit to market.

Workers tending young avocado trees in the nursery
  • Eloy Vargas

    Chief Executive Officer

    Founded more than ten agricultural companies over twenty years and helped open Mexican avocado markets to North America and Asia in 2005. As secretary of economic development for Michoacán, he positioned the Port of Lázaro Cárdenas as a leading cargo port.

  • Pedro Somarriba

    Chief Commercial Officer

    Twenty-five years in business development and finance. Co-founded AVO works (a separate company), which reached more than $80 million in annual sales within two years, and led the sale of Globalpack, a JPMorgan portfolio company with $300 million in annual sales. Ten years at PwC US on M&A and SEC filings.

  • Francisco Escobar

    Chief Financial Officer

    Thirteen years in finance and founder of Asymmetrica Investments AG. Previously at Peter Pühringer, PwC Asset Management, and Earl Capital AG in Switzerland. Graduate of the Vienna University of Economics; passed all CAIA and CFA exams.

  • Dr. Liliana Pérez Manríquez

    Chief Business Development Officer

    Fifteen years of international business development across the Americas, Europe, and Asia, working with Fortune 500 companies, startups, governments, and NGOs. PhD in Bioscience from KAUST, with further study at Harvard Business School, Cornell, and Erasmus University Rotterdam.

As covered in

  • Forbes México
  • CNN Expansión
  • Fresh Plaza
  • Inforural

Coverage of AVO Oro Verde. Mention is not endorsement.

The research

Read how we study the asset

What we’ve learned about avocado farmland, written up and published in full.

Lined water-storage reservoir feeding the orchard

On the ground

Water, soil, and the long view

Steady water and living soil are what keep an orchard producing for decades. How we manage them is part of the case for the land.

This is a long horizon. Avocado farmland is a long-term real-asset commitment, exposed to agriculture and to markets, and an orchard takes years to mature.

We share the specifics only with investors who qualify for a private offering and have been verified. The briefing comes before that, and it is for answering your questions. We don’t use it to sell you.

The next step

Request a briefing

An hour on the asset and how we farm it. Bring the questions you’d want answered before you back farmland.