Welcome to AGDEV

Sustainable
Development

AgDev is. a financial services firm committed to promoting sustainable development in Brazilian agriculture.

Read MoreRead More
Image
Welcome to AGDEV

Sustainable
Development

AgDev is. a financial services firm committed to promoting sustainable development in Brazilian agriculture.

Read MoreRead More
Image

AGDEV

A AgDev é uma joint venture inovadora, resultante da união entre a InDev Capital e o braço de investimentos da Carroll Family Farms, a AgEquity Partners. A InDev Capital, com doze anos de experiência no mercado financeiro brasileiro, tem como principal foco assessorar empresas locais na captação de recursos junto a investidores estrangeiros. Com presença em diversas regiões estratégicas, a AgDev conta com uma equipe de profissionais altamente capacitados no Brasil, nos EUA e na Europa. Essa abrangência geográfica amplia sua capacidade de atuação global, facilitando a conexão com investidores estrangeiros e fortalecendo sua presença no mercado financeiro internacional.

AGDEV

Com mais de 90 anos no agronegócio, a Carroll Family Farms começou em 1932, adquirindo sua primeira fazenda em Carthage, Illinois. Hoje, a empresa é um dos principais produtores de suínos nos EUA, com operações em três estados. Além disso, o grupo se expandiu para a produção de grãos nos EUA, com mais de 4.000 hectares de milho em Illinois. Em 2002, a Carroll Family Farms foi inaugurada no Brasil, com John Carroll liderando a quinta geração da família. Com mais de 15.000 hectares de soja plantados no Brasil, a empresa investiu mais de US$ 90 milhões, impulsionando a produção de commodities no país.

AGDEV

Fundada em 2010, a Prada Assessoria é um escritório de investimentos com um propósito claro e dedicado: cuidar e zelar por um grupo seleto de famílias que buscam a perenização e crescimento de seu patrimônio. Para alcançar esse objetivo, a Prada Assessoria se orgulha de possuir uma equipe altamente qualificada nas áreas de gestão e consultoria financeira. Essa expertise nos capacita a identificar e explorar oportunidades de investimento em uma ampla variedade de ativos e em diversas regiões geográficas.
Our Focus

Introduce Brazilian sustainable agriculture to offshore capital

AgDev’s core strategy centers around the Degraded Pasture Fund, which provides USD loans with extended terms to Brazilian farmers in the Cerrado region, facilitating the conversion of degraded pastures into productive farmland without resorting to further deforestation. The platform’s innovative approach includes establishing a strong offshore capital market, effectively meeting the scale and liquidity requirements of the world’s largest soy export market. This empowers farmers to expand their operations in an environmentally conscious manner, curbing deforestation, and promoting regenerative practices for sustainable growth, aligning with both agricultural industry advancement and global environmental preservation.

OUR PILLARS

Long-Term Experience

AgDev’s unique expertise is evident in both our financial and agricultural teams. Our in-depth analysis of rural products is demonstrated by our meticulous evaluation process, which encompasses a comprehensive assessment of various factors including soil technicalities, land pricing, machinery valuation, technical timeline composition, farm infrastructure, and financial standing.

Financial Expertise

Our financial team is highly experienced with complex financial structures. Moreover, we also have a partnership with an experienced fund manager in Brazil, Prada Assessoria,  who plays a pivotal role in our fund, further enhancing our operational effectiveness.

Degraded Pasture Restoration

AgDev is the only company focused on the restoration of degraded pastures. Brazil  has approximately 100 million hectares in such condition. This restorative effort is an efficient alternative to deforestation. By focusing on restoring these degraded pastures, AgDev effectively addresses the link between environmental preservation and agricultural expansion.

International Connections

In addition to its headquarters in western Bahia, AgDev has professionals in São Paulo, Carthage (Illinois, USA), and Barcelona (Spain). This international presence enables the company to cultivate relationships with foreign investors, facilitating access to the Brazilian agribusiness on a global scale.

Core Values

Simplicity and efficiency

We like to keep our processes simple and as efficient as possible 

Tenacious problem solvers

We always seek to solve our client’s problems

Trust and commitment

We always do what we say we will do, being trustworthy is a non-negotiable value

Humility and respect

We are humble and we treat others the way we expect to be treated

Creativity and flexibility

We prioritize creativity in addressing challenges along with flexibility to meet clients' needs

CORE VALUES

Simplicity and efficiency

We like to keep our processes simple and as efficient as possible 

Tenacious problem solvers

We always seek to solve our client’s problems

Trust and comittment

We always do what we say we will do, being trustworthy is a non-negotiable value

Humility and respect

We are humble and we treat others the way we expect to be treated

Creativity and flexibility

We believe that creativity is important when solving problems and achieving our goals, we also understand that sometimes we have to be flexible in order to meet our clients where they are at.

The Future of Sustainable Development

Assista nosso vídeo

Agricultores com grande potencial

Tese de Investimento

O teste de investimento é uma abordagem estratégica que visa fornecer financiamento a produtores rurais desassistidos por grandes bancos, porém com boa capacidade operacional e bom colateral.

Qualidade Operacional

A estratégia concentra-se na oferta de crédito, com foco na qualidade operacional do produtor, sua capacidade de pagamento e na disponibilidade das garantias.

Prazos adequados

Além disso, o crédito é oferecido com prazos adequados para as atividades do produtor e há um monitoramento operacional constante para prever problemas potenciais de fluxo de caixa.

Diversificação Geografica

A diversificação geográfica é utilizada como ferramenta de proteção contra o risco climático, e a estruturação do investimento busca proteção contra a perda permanente de capital.
Projetos
Clientes Satisfeitos
Produtores Experts
Conheça os projetos que fazem parte

Explore nosso portfólio

Easy Harvesting

Easy Harvesting Neque porro est qui dolorem ipsum

Agriculture Farming

The majority have suffered alteration in some form, injected humour.

Ecological Farming

The majority have suffered alteration in some form, injected humour.

Organic Solutions

The majority have suffered alteration in some form, injected humour.

Nossos clientes

O que eles dizem da AGDEV

orem ipsum dolor sit amet, consectetur adipiscing elit. Sed et vulputate nulla. Nullam mi nulla, mollis aliquam turpis sed, pretium gravida purus. Mauris elit sem, rutrum ac mauris porttitor, posuere sodales augue. Suspendisse potenti. Vivamus nec nunc viverra, bibendum orci vitae, auctor elit. In hac habitasse platea dictumst. Donec vehicula convallis sapien, id porta augue.
View All Testimonials View All Testimonials

There are many variations of passages of available but the majority have suffered alteration in some form by injected humor or random word which don't look even.

Bonnie Tolbert

There are many variations of passages of available but the majority have suffered alteration in some form by injected humor or random word which don't look even.

James Albert

There are many variations of passages of available but the majority have suffered alteration in some form by injected humor or random word which don't look even.

Bonnie Tolbert

Our team

Meet our team

Joseph
Williams

Beatriz
Martinez

John
Carroll

David
Weihs

Náiade
Ribeiro

João Rossi
Neto

Lyandra
Brizolla Lara

Blog

20 September 2023
/0 Comments

The Economics of Deforestation and the Degraded Pasture Solution

By AgDev “Six Tickets for the Tree Museum Please” If
05 July 2022
/0 Comments

What to expect from Brazilian agriculture after the election

Introduction With the recent presidential elections in Brazil and the
05 July 2022
/0 Comments

Bela Vista – Case Study

CARROLL DISTRESSED DEAL CASE STUDY:  BELA VISTA FARM  An unconventional
05 July 2022
/0 Comments

Brazil and the Creation of a Natural Currency Hedge

“Brazil is a complex country, not a country for beginners.”
05 July 2022
/0 Comments

Understanding the Mechanics of a US Dollar-Based Loan in Brazilian Agriculture

Part One:  Explanation of Farmer Cost Structure  Approximately 60-70% of
Linkedin

Joseph Williams

CEO

Joseph is a seasoned international entrepreneur with 25 years of experience in real assets across the U.S. and Brazil. He has led the fundraising, structuring, and deployment of over US$230 million in Brazilian real asset investments, working with top-tier global investors such as GIC and Goldman Sachs. At AgDev, he oversees fund strategy, investor relations, and cross-border structuring, delivering scalable, risk-managed solutions for international limited partners (LPs).

Linkedin

Beatriz Martinez

COO

A Spanish-born urban economist and systems strategist, Beatriz holds a PhD from UNICAMP.. With extensive international experience, she leads operations, strategy, and financial structuring. She coordinates the execution of credit operations from origination through monitoring, managing external teams — legal, agronomic, compliance, structuring, and collections — to ensure alignment with ESG and regulatory criteria. She oversees due diligence with a focus on quality and speed, structures disbursements, and monitors performance and risk indicators throughout the lifecycle of each transaction​​.

Linkedin

John Carroll

Chairman

John is a co-founder of AgDev, where he serves as chairman. John is a member of a 5th-generation farming family. He graduated from Western Illinois University in 2003 with a degree in Agribusiness and an MBA with a finance emphasis. John and his wife Kelly moved to Brazil to manage the farm that the Carroll family had recently acquired. John lived in Brazil for 10 years where the operation grew to include 25,000 acres of owned and leased row crop farmland, a cotton gin, and a business services which does consulting, accounting, and compliance work for other foreigners with investments in Brazil. John oversees long term strategic planning for the Brazil business. In the US business John manages the family’s sow farms in Illinois and Missouri. 

Linkedin

David Weihs

Farmer Relations

David is a co-founder of AgDev and responsible for Farmer Relations. He graduated from Cornell University in Applied Economics and Management with a specialization in Agribusiness and Finance. Since 2005, he managed a land development project in Brazil and was involved in the early stages of several agribusinesses based in Iowa, focusing on agriculture, pork production, and dairy. In 2009, David began working with Carroll Farms Brazil, concentrating on analyzing expansion opportunities. He is now a co-owner of Carroll and is engaged in management at all levels. He has also collaborated with the Carroll family in Carthage, Illinois, on various occasions. David resides in Bahia and is married to Fabíola Weihs. They have three children.

Linkedin

Náiade Ribeiro

Credit and Monitoring Analyst

is an Agricultural Engineer graduated from UNICAMP, with solid experience in rural asset evaluation, financial modeling, georeferencing, and client relationship management. She works at AgDev as a Credit and Monitoring Analyst, being responsible for conducting rural credit analyses, ensuring compliance with ESG criteria, and monitoring the performance of financed operations. She has expertise in tools such as QGIS for geospatial analysis, property mapping, and validation of land data, contributing to more accurate technical evaluations of guarantees and productive viability. She leads the post-disbursement monitoring process, coordinating external consultants and validating the planting and harvesting stages, the economic performance of the farms, and key risk indicators. Her work strengthens risk mitigation for the fund and enhances the sustainability of financed agricultural operations.

Linkedin

João Rossi Neto

Data Science and Agro-Intelligence Specialist

PhD in Bioenergy with deep expertise in AI, data science, and crop modeling. João supports AgDev’s strategic decisions by developing predictive models and analytical tools using Python, DSSAT, and satellite imagery. His work enhances risk analysis, productivity forecasting, and operational efficiency​.  João leads our effort to use AI agentic workflows to drive efficiency.

Linkedin

LYANDRA BRIZOLLA LARA

Lawyer

specializes in Agrarian Law and has experience in civil litigation and agribusiness. At AgDev, she supports the legal team in producer due diligence, contract review, CPR drafting, and collateral registration with notary offices.

Linkedin

LYANDRA BRIZOLLA LARA

Advogada

John is a co-founder of AgDev, where he serves as chairman. John is a member of a 5th-generation farming family. He graduated from Western Illinois University in 2003 with a degree in Agribusiness and an MBA with a finance emphasis. John and his wife Kelly moved to Brazil to manage the farm that the Carroll family had recently acquired. John lived in Brazil for 10 years where the operation grew to include 25,000 acres of owned and leased row crop farmland, a cotton gin, and a business services which does consulting, accounting, and compliance work for other foreigners with investments in Brazil. John oversees long term strategic planning for the Brazil business. In the US business John manages the family’s sow farms in Illinois and Missouri. 

Linkedin

João Rossi Neto

Especialista em Ciência de Dados e Agrointeligência

Doutor em Bioenergia com profundo conhecimento em IA, ciência de dados e modelagem de culturas. João apoia as decisões estratégicas da AgDev, desenvolvendo modelos preditivos e ferramentas analíticas usando Python, DSSAT e imagens de satélite. Seu trabalho aprimora a análise de risco, a previsão de produtividade e a eficiência operacional. João lidera nosso esforço para usar fluxos de trabalho através de agentes de IA para impulsionar a eficiência.

Linkedin

Náiade Ribeiro

Analista de Crédito e Monitoramento

é Engenheira Agrícola formada pela UNICAMP, com sólida experiência em avaliação de ativos rurais, estruturação de modelos financeiros, georreferenciamento e gestão do relacionamento com o cliente. Atua na AgDev como Analista de Crédito e Monitoramento, sendo responsável por conduzir análises de crédito rural, garantir conformidade com critérios ESG e acompanhar o desempenho das operações financiadas. Possui expertise no uso de ferramentas como QGIS para análise geoespacial, mapeamento de propriedades e validação de dados fundiários, contribuindo para uma avaliação técnica mais precisa das garantias e da viabilidade produtiva. Lidera o processo de monitoramento pós-desembolso, coordenando consultores externos e validando as etapas de plantio e colheita, o desempenho econômico das propriedades e os principais indicadores de risco. Sua atuação fortalece a mitigação de riscos do fundo e a sustentabilidade das operações agrícolas financiadas.

Linkedin

John Carroll

Presidente

John é cofundador da AgDev, onde atua como presidente. John é membro de uma família de agricultores de quinta geração. Formou-se em Agronegócios pela Western Illinois University em 2003 e possui MBA com ênfase em finanças. John e sua esposa, Kelly, mudaram-se para o Brasil para administrar a fazenda que a família Carroll havia adquirido recentemente. John morou no Brasil por 10 anos, onde a operação cresceu para incluir 25.000 acres de terras próprias e arrendadas para cultivo em fileiras, uma descaroçadora de algodão e uma empresa de serviços empresariais que realiza consultoria, contabilidade e conformidade para outros estrangeiros com investimentos no Brasil. John supervisiona o planejamento estratégico de longo prazo dos negócios no Brasil. Nos EUA, John administra as granjas de matrizes da família em Illinois e Missouri.

Linkedin

David Weihs

Relações com Agricultores

David é cofundador da AgDev e responsável por Relações com Agricultores. Formou-se pela Universidade Cornell em Economia Aplicada e Gestão, com especialização em Agronegócios e Finanças. Desde 2005, gerenciou um projeto de desenvolvimento de terras no Brasil e esteve envolvido nos estágios iniciais de diversos agronegócios sediados em Iowa, com foco em agricultura, produção de suínos e laticínios. Em 2009, David começou a trabalhar na Carroll Farms Brasil, concentrando-se na análise de oportunidades de expansão. Atualmente, é coproprietário da Carroll e atua na gestão em todos os níveis. Também colaborou com a família Carroll em Carthage, Illinois, em diversas ocasiões. David reside na Bahia e é casado com Fabíola Weihs. Eles têm três filhos.

Linkedin

Beatriz Martinez

COO

Economista urbana e estrategista de sistemas nascida na Espanha, Beatriz possui doutorado pela UNICAMP. Com vasta experiência internacional, ela lidera operações, estratégia e estruturação financeira. Ela coordena a execução de operações de crédito desde a origem até o monitoramento, gerenciando equipes externas — jurídica, agronômica, compliance, estruturação e cobranças — para garantir o alinhamento com critérios ESG e regulatórios. Ela supervisiona a due diligence com foco em qualidade e velocidade, estrutura desembolsos e monitora indicadores de desempenho e risco ao longo do ciclo de vida de cada transação.

Linkedin

Joseph Williams

CEO

Joseph é um empreendedor internacional experiente com 25 anos de experiência em real asset nos EUA e no Brasil. Ele liderou a captação de recursos, estruturação e implantação de mais de US$ 230 milhões em investimentos em real asset brasileiros, trabalhando com investidores globais de primeira linha, como GIC e Goldman Sachs. Na AgDev, ele supervisiona a estratégia do fundo, as relações com investidores e a estruturação transfronteiriça, fornecendo soluções escaláveis e gerenciadas por risco para limited partners (LPs) internacionais.