Structured Growth Credit · Latin America
Rocksboro Capital provides structured growth credit to technology-enabled operating businesses with real revenue and real cash flow: companies that fall between every existing category of institutional capital.
The Gap
Technology-enabled businesses across Latin America are generating real revenue and real cash flow, and still falling into a structural gap that no category of institutional capital was built to serve.
For venture capital
These are cash-generative operating businesses, not pre-revenue bets on a future market. The growth is real, but it doesn't fit a venture return profile, and it shouldn't have to.
For private equity
Ticket sizes that matter to a founder are often too small to matter to a private equity fund built for scale. The businesses are ready for capital, just not at PE's minimum check.
For the local bank
Value lives in contracts, technology, and recurring relationships, not in physical collateral. Traditional lenders aren't built to underwrite that, so they simply don't.
What We Look For
Rocksboro underwrites against a consistent set of criteria, such as contracted or recurring revenue, real margins, and a founder who wants to keep ownership, rather than a fixed sector list.
Contracted or transaction-based income, not projections.
Revenue that holds its value across currency cycles.
Structurally lower fixed costs, faster path to debt-servicing capacity.
Credit-first structures that preserve control, with equity-linked features used only as an alignment mechanism, not as the primary instrument.
Financing sized and timed to the company's real cash generation.
Ecosystem 01
Contracted, often USD-linked revenue with high margins, in businesses where technology has compressed the cost of delivering a service without compressing the value captured for it.
Ecosystem 02
Recurring, transaction-based revenue models: the picks and shovels of a region's growing digital economy, built for durability rather than a single product cycle.
Geographies
Where the manager has built underwriting depth and on-the-ground relationships over a decade of structured credit work.
Opportunities outside Latin America are evaluated against the same criteria, market by market, as they arise.
Approached with the same discipline. Expansion is earned deal by deal, not assumed.