Argentine Farmland.
Cattle Operations. Asymmetric Entry.
We’re acquiring and improving thousands of hectares of the world’s best farmland at historically depressed prices, to return a multiple on invested capital over the coming years.
Phase one closes when the timer reaches zero. Need a little more time to complete your allocation? Get in touch and we’ll do our best to accommodate you.
The Riverland Opportunity
Argentina holds some of the most productive farmland on earth, available at a fraction of comparable prices globally. Riverland buys underperforming farms in established regions, improves them through better management, and runs cattle on the land.
The return has two parts: land that reprices as Argentina normalizes, and cash flow from cattle in the meantime. Because entry is at historically depressed valuations, this is capital preservation with hard-asset upside. The team targets three to four times over a seven-to-ten-year hold.
The first phase focuses on Entre Ríos, an established cattle region where the team has deep multi-generational roots. Pepo’s family already runs around 130,000 hectares and 40,000 head there. Cattle is phase one of a broader food and farmland platform planned across Argentina and the Southern Cone, but it is the entire focus of this raise.
Your Capital in Proven Hands
Riverland isn’t foreign capital learning Argentine farmland from a distance. It’s a partnership with Pepo, who pairs a decade of institutional US farmland investing with deep roots in the region Riverland is targeting.
His family already runs an operating platform of roughly 130,000 hectares and 40,000 head in Entre Ríos, and almost every farm Riverland is pursuing is off-market, sourced through those relationships. The strategy targets good farms run below their potential, not speculative bets, and uses committed capital to move quickly when the right one comes up. The upside isn’t only Argentina repricing; it’s operational improvement the team has already proven it can deliver.
We Optimize Farms
The returns here don’t rely on Argentina’s recovery alone. The team buys good farms that are being run below their potential, then improves how they’re managed. Better fencing, water, and grazing rotation let the same land carry far more cattle and earn far more income.
From regenerative grazing alone: smaller paddocks, water, and rotation so the grass recovers between grazings.
Virtual-fencing collars let the team subdivide and rotate daily without the labour, adding capacity on top of the paddock-division gains.
Net uplift in operating income per farm, after accounting for the cost of the collars and equipment.
The team has already brought the first virtual-fencing collars into Argentina and is running a live pilot on the family farm, with results ahead of expectations.
Priced for the Old Argentina
Argentina is one of the world’s great farming nations and the third-largest food exporter, yet its land trades at a fraction of comparable ground in Uruguay, Brazil, or the US. The land was never the problem. Politics were: export taxes, currency controls, and capital flight.
That is changing fast. The government has removed cattle export restrictions, begun phasing grain export taxes toward zero, and reformed the rules around seeds and land use. Local buyers are returning, but foreign capital hasn’t arrived yet. The entry point still reflects the old Argentina, in a country moving quickly the other way.
“We don’t need Argentina to become the next Switzerland. We just need the gap between perception and reality to narrow.”Chris MacIntosh, Managing Partner
Protecting Your Capital
Every real investment carries risk. Here’s what could go wrong with Riverland, and how the team and the structure are built to handle it.
Argentina’s volatility
We buy at prices that still reflect the old, high-tax Argentina. Reforms don’t have to succeed for the numbers to work; if they do, we own world-class land bought at a deep discount. The downside is already priced in.
Falling cattle prices
You can’t control the price of beef, only the cost to produce it. Argentina is among the lowest-cost producers on earth, so Riverland keeps a wide margin even in a downturn. The world still has to be fed.
Weather and disease
Cattle on natural grassland are resilient, and farms are spread across regions with a mix of cattle and cropland. No single season, herd, or field decides the outcome. And the team only earns its share when the farms are profitable, so a bad season costs them too, not just you.
Poor management
The biggest risk in Argentine farmland is who runs it, not the land itself. Riverland is run by Pepo and his brother, a local family already managing around 130,000 hectares, not a foreign fund visiting twice a year.
Limited liquidity
This is a private, multi-year hold with no early exit, and that’s deliberate. Illiquidity is exactly why the land is cheap. Only commit capital you can leave to work for seven to ten years.
The worst case
If reforms stall and prices stay flat, you still own a physical, productive hard asset feeding a world that is under-invested in food. You can’t print farmland.
The Team Behind Riverland
Managing Partners
Chris MacIntosh
Managing Partner at Glenorchy Capital, a global macro fund with $400M+ under management. Founder of Capitalist Exploits since 2011, serving 25,000+ subscribers. Two decades identifying asymmetric private equity opportunities before the crowd. Personal capital in every deal.
Andrew Ford
25+ years in food, agriculture, and supply chain operations across multiple continents. Built and exited a food business to a Swiss conglomerate in 2019. Leads deal sourcing and operational due diligence for Argentina projects. Personal capital deployed alongside fund investors.
On the Ground in Argentina
José “Pepo” Peschiera
Fourth-generation Argentine farmer with fifteen years investing in and managing farmland, first across Latin America, then nine years in the United States. Most recently he led capital markets at FBN (Farmers Business Network); before that he co-founded Frontier Farmland with David Friedberg, and was SVP at Fall Line Capital, leading farm acquisitions and development across two institutional funds and 26 properties. Earlier, Managing Partner at Agro Meridional in Argentina. Agricultural Engineering (high honours), University of Buenos Aires; Masters in Finance, Torcuato Di Tella. He also wrote Argentina’s best-selling book on taming horses.
Investment Options
There are two ways to invest in our Argentine deals. Watch the video below to understand the differences, then choose the structure that suits your situation.
Cayman Cell
- Effectively your own ready-built offshore structure, with no setup or maintenance
- Open to individuals and entities from any jurisdiction
- Minimum can be spread across multiple deals
- Capital compounds offshore, with no taxable event until you withdraw
- Built to solve the tax and reporting rules high-tax-country investors face (CFC, PFIC, CRS)
Best for: Individuals, and anyone who’d rather not build an offshore structure from scratch.
Direct BVI
- Hold shares directly in the BVI entity
- The standard vehicle for foreign capital entering Argentina
- Requires an existing offshore / low-tax entity (company, trust, or foundation)
- Not open to individuals from high-tax jurisdictions
Best for: Investors who already hold a suitable offshore structure.
The Cayman cell is the real advantage: building an equivalent structure yourself runs $25,000 to $100,000 to set up and $10,000+ a year to maintain, and often still won’t solve the tax questions this one does. Hundreds of investors have already come in through it. If you already hold a suitable offshore entity, you can invest directly through the BVI. Not sure which fits? The team will walk you through it after you request an allocation.
Request Allocation Access
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Questions? Ask Pablo.
Pablo is our AI assistant trained on every detail of the Argentina deals: structure, team, risk, timelines. Ask anything.