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First Royalty Ventures
First Royalty Ventures is a venture capital based in Wilmington, founded 2014; the Altss profile covers its classification, headquarters, registration, AUM...
First Royalty Ventures
First Royalty Ventures is a US-based investment company headquartered in Wilmington. It employs a Venture Capital strategy.
General information
Firm type
Venture Capital
Year founded
2014
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Wilmington
Corporate office
Wilmington, DE, United States
Additional offices
815 Walker Street, Suite 1045, Houston, TX 77002
Principals
Carlos Rodriguez-Pastor
Founder and Principal
Gabriela Pérez Rocchietti
Family Member
Sector focus
Frequently asked questions
Who runs investment decisions at First Royalty Ventures?
Carlos Rodriguez-Pastor, the founder and ultimate beneficial owner, directs investment decisions. He built Intercorp, Peru's largest conglomerate, before launching the family's investment vehicle. The Houston-based Royalty Investment Office likely handles day-to-day deal execution.
How does First Royalty Ventures structure its investments?
The firm uses royalty agreements — receiving a percentage of revenue from portfolio companies — rather than standard equity or debt. This provides downside protection and recurring cash flows. It also participates in PIPE transactions and early-stage equity rounds.
What is the relationship between First Royalty Ventures and Intercorp?
First Royalty Ventures is a separate entity from Intercorp, but both are controlled by Carlos Rodriguez-Pastor. The firm can co-invest alongside Intercorp's operating subsidiaries and may source deals through the conglomerate's network in Peru and Latin America.
Does First Royalty Ventures focus on any specific geography?
The firm's legal base is Delaware, and its Houston office suggests a focus on US energy and royalty assets. However, its capital likely also flows into Latin America and India, given Rodriguez-Pastor's ties with Sameer Gehlaut and Intercorp's regional footprint.
Is First Royalty Ventures open to outside investors?
Public information suggests the vehicle is proprietary to the Rodriguez-Pastor family. No evidence of a fund structure open to third-party LPs exists. The firm appears to deploy only family capital.
What sectors does First Royalty Ventures explicitly avoid?
No public statement of excluded sectors exists. Based on its portfolio tilt, the firm has not disclosed exposure to fast-growing venture-backed technology companies or pure biotech.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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