Overview
Description of Firm
AgAmerica Lending LLC (“AgAmerica Lending”, the "Firm" or ("we/us/ours"), a Delaware limited liability
company, is an investment adviser registered with the SEC. The Firm is based in Lakeland, Florida
and, has provided investment advisory services since May 2018. AgAmerica Lending is led by Brian G.
Philpot, President & CEO and McAlpin T. Miller, EVP, Chief Revenue Officer. We are owned by
AgAmerica Holding, LLC.
Investment Management Services
AgAmerica Lending LLC, and AgAmerica Land Fund Investment Manager, LLC, a relying advisor, provides
discretionary investment management services to two Delaware organized, private pooled investment
vehicles (the "Funds") and a separately managed account ("SMA") for high net worth individuals, family
offices and institutional clients, including but not limited to pension funds, foundations, insurance companies
and asset managers.
The advisory services for the Funds are described in the Funds’ offering memorandum, limited
partnership agreement ("LPA")
or LLC Operating Agreement (collectively, the "Documents"). We do
not vary our investment advice from the terms of the Documents. Additionally, the Documents detail
the various investment restrictions that govern the types of investments the Funds may and may not
make. The advisory services for the SMA are described in its investment management agreements
(the "IMA").
All information contained in this brochure is based on the advisory services that AgAmerica Lending
offers. No disclosure or other statement contained in this brochure serves as a substitute or shall
supersede any of the terms and conditions in the Documents or IMA. To the extent any of the
statements herein conflict with the Documents, such Documents shall govern, and investors
in the Funds will be bound by the terms, fees, conditions, risks and other relevant information
contained therein.
Assets Under Management
As of December 31, 2023, we had $1,462,000,000 in discretionary assets under management and
$310,000,000 in non-discretionary assets under management.