MAVRK Capital, an asset manager based in Bakersfield, California, combining agricultural expertise with financial strategy, has completed the first close of its second equity fund targeting international produce growers. The fund's primary focus is in South America across multiple commodities, with some coverage in the U.S. MAVRK Capital did not disclose the size of the fund.
The round was anchored by Valley Strong Ventures, the venture arm of Valley Strong Credit Union, which serves over 360,000 members with approximately US$4 billion in assets. Additional support came from family offices. MAVRK also secured several hundred million dollars in financing commitments from providers to support platform growth.
MAVRK Capital's strategy centers on purchasing and financing produce-related receivables to deliver liquidity to growers, distributors, and retailers. Its reach spans the U.S., Latin America, and South America, fostering partnerships between growers and U.S. retail buyers. The model addresses barriers to capital for farmers facing cash flow volatility, seasonal crop demands, and capital expenditure requirements.
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MAVRK Capital CEO Jack Campbell
Drawing on operational experience in agriculture, MAVRK focuses on alternative financing structures designed to provide cost-effective liquidity, margin improvement, risk management, and diversification, while supporting a consistent supply of fresh produce to global retailers.
MAVRK Capital CEO Jack Campbell said, "We are excited to announce the first Close of our second fund for our global lending. This investment will lead to the transformation of agriculture via institutional liquidity for growers, allowing them to focus on building sustainable and predictive growing operations. We look forward to partnering with other institutional investors to build the future of agriculture."
Proceeds from the round will be used to expand the platform, with an emphasis on flexible solutions that improve producer margins, reduce risk, and maintain a reliable fresh produce supply to global markets. MAVRK combines multi-generational farming expertise with institutional capital to serve perishable agriculture, which is impacted by price volatility and supply chain fluctuations.
Valley Strong Credit Union President and CEO Nick Ambrosini stated, "Leading the MAVRK Equity Conduit Fund as the anchor investor—and partnering with respected institutions in their endeavors—underscores our dedication to delivering meaningful impact for our members, our partners, and the broader community. The opportunity to help MAVRK build this future asset class is an incredible opportunity, and we look forward to scaling this platform for decades to come."
This fund follows MAVRK's previous initiatives, including a partnership with ProducePay that provided US$500 million in forward-flow funding to support stable trading in the fresh produce sector. The development reflects the growing role of alternative lending in financing perishable crops.
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