Institutional capital
Short-dated credit to Venezuela’s energy sector
10North Capital provides institutional capital with direct access to receivables, equipment credit and special situations, originated on the ground and documented under U.S.-law standards.
Asset classes
- Receivables
- Invoices owed by energy companies with 60 to 90 days to maturity, purchased via direct framework agreements or standing supplier finance programs.
- Equipment
- Collateralized loans and leases for heavy machinery working under active oil and gas contracts.
- Trade finance
- Short-term facilities securing cross-border goods and commodities.
- Special situations
- Notes, claims and illiquid positions, restructured into compliant, institutional-grade holdings.
Structure & risk management
Purchases are governed by a U.S.-law framework agreement and settle in U.S. dollars through U.S. financial institutions.
Prior to capital deployment, external counsel reviews the program, counterparties undergo strict screening, and Operators directly confirm all invoices. The Caracas office services every position, providing institutional capital with full reporting from origination to repayment.