How do you approach managing legal aspects during periods of instability or crises, and how does your legal strategy align with the broader business strategy to ensure the organisation’s resilience?  

To manage infrastructure debt investment funds, as in Beel’s case, it is essential to recognise that investments are long-term by nature and, therefore, will likely span different phases of political or economic cycles. At Beel, we take a highly selective and prudent approach when choosing the projects we invest in, with a preference for assets that are resilient and less sensitive to market cycles.

From a legal and strategic perspective, we focus on early and thorough identification of risks across multiple dimensions – legal, ESG, tax, counterparty/offtaker, insurance, cash flow, operational, among others. Our approach involves close collaboration with the investment team and external advisers to design and implement robust mitigation strategies, including contractual protections and legal structuring.

By integrating this risk-based legal strategy into the broader investment decision-making process, we aim to ensure both long-term asset stability and alignment with the firm’s overall goal of resilient and sustainable growth.

What are the major cases or transactions you have been involved in recently?  

From a legal standpoint, a key highlight has been the structuring and launch of our most recent debt fund, with a total capital commitment of MXN 8 billion. This process involved tailoring sophisticated legal structures to meet the requirements of a diverse LP base.

On the investment side, I have been closely involved in multiple deployment transactions across various infrastructure sectors, including toll roads, e-mobility, power generation, hospitals, telecom, and others – each requiring tailored legal structuring and due diligence processes to ensure both legal soundness and risk mitigation.

What measures has your company taken to embed sustainability practices into its core business operations, and how does the role of the general counsel contribute to driving and ensuring sustainable practices within the company?   

Beel is strongly committed to international ESG best practices. Since the launch of our first fund, we have entered into a collaboration agreement with the International Finance Corporation (IFC) and committed to applying the IFC Performance Standards to each investment we make.

We have also developed a comprehensive Environmental and Social Management System (ESMS), built in collaboration with the IFC. This framework ensures that ESG risks are systematically identified and addressed throughout the investment lifecycle – from due diligence to ongoing monitoring – reflecting our commitment to sustainable and responsible investing.

As Head of Asset Management, Legal and Compliance, I’m responsible for overseeing the effective implementation of the ESMS across all our investments, ensuring alignment with both internal policies and external commitments. 

In addition, Beel is a PRI signatory, a member of Mexico’s Green Finance Advisory Council, and certified under Article 8 of the EU Taxonomy, reinforcing our dedication to investments with social and environmental characteristics.