About us Our Approach Sustainability Baja Investors Contact ESP

Fortem remains committed to its core
values: Transparency, Responsibility,
Integrity, Teamwork, and Commitment to Sustainability.

At Fortem Capital, we believe that environmental, social, and governance (ESG) factors not only mitigate risks but also represent a source of structural value

Our vision is to actively integrate sustainable criteria across all phases of the investment cycle in a measurable, traceable
manner, aligned with the highest international standards—anticipating future regulations and stakeholder expectations.

Our core
values
guide our Sustainable
approach

Development
Development
Transparency

We maintain a constant and honest dialogue with all our stakeholders. We communicate the progress and challenges of each operation to our investors and collaborators, which allows us to have timely feedback, adjust if necessary and thus deliver the expected value.
Development
Integrity

We prioritize acting with professional conduct that promotes trust within our stakeholders; therefore, we make informed decisions, avoid conflict of interest, and are committed to compliance; furthermore, our investments are aligned to the highest standards and best practices in the market.
Development
Teamwork

Our working way is fueled by collaboration and open communication between all the members and levels of the organization, which allows us to have a sense of belonging and responsibility in each of our activities.
Development
Responsability


We have the knowledge and competencies necessary to carry out our duties in a reliable manner. We adhere to the company’s regulations and execute investment strategy consistently based on corporate governance practices.
Development
Commitment to
Sustainability

We are committed to minimizing the environmental impact of our investments, assuring a balance between development and environmental conservation. We evaluate each project with a responsible approach, incorporating practices that promote responsible use of resources, commitment to the community, and compliance with all legal requirements.
Development
Code of Ethics Non-Discrimination Statement Declaration Against Child Labor
Development Development
RESPONSIBLE INVESTMENT POLICY

Sustainability Track Record

2018 - 2021

Since our earliest projects, we have consistently prioritized ESG considerations:

2018 - 2021

Integrating responsible building practices and resource-efficient designs.

2018 - 2021

Community engagement by fostering partnerships with local stakeholders to ensure sustainable growth and lasting positive impact.

2018 - 2021

We created governance structures to ensure accountability, transparency, and alignment with our long-term vision.

2018 - 2021

Integrating responsible building practices and resource-efficient designs.

2018 - 2021

Community engagement by fostering partnerships with local stakeholders to ensure sustainable growth and lasting positive impact.

2018 - 2021

We created governance structures to ensure accountability, transparency, and alignment with our long-term vision.

2022 - 2023

Our initiatives reached a new level of maturity, highlighted by our governance framework:

2022 - 2023

The former Advisory Committee was restructured into a Board of Directors, tasked with supervising and guiding the Fund Manager’s strategy.

2022 - 2023

Ongoing committees—such as the Investment Committee—advise management on best practices for each sector.

2022 - 2023

We drafted our first Responsible Investment Policy, aligned with United Nations principles.

2022 - 2023

The former Advisory Committee was restructured into a Board of Directors, tasked with supervising and guiding the Fund Manager’s strategy.

2022 - 2023

Ongoing committees—such as the Investment Committee—advise management on best practices for each sector.

2022 - 2023

We drafted our first Responsible Investment Policy, aligned with United Nations principles.

2024 - 2025

We significantly deepened and formalized our Sustainable commitment

2024 - 2025

Revised the Responsible Investment Policy to create a more robust governance document.

2024 - 2025

Received 2024 and 2025 ESG distinction from AMPIP, Mexican Association of Industrial Parks.

2024 - 2025

Signed the UNPRI and the CFA Asset Manager Code.

2024 - 2025

The ESG Committee was established.

2024 - 2025

One of our residential developments became the first in Mexico to achieve LEED Gold for Communities certification

2024 - 2025

Revised the Responsible Investment Policy to create a more robust governance document.

2024 - 2025

Received 2024 ESG distinction from AMPIP, Mexican Association of Industrial Parks.

2024 - 2025

Became active members of additional community associations.

2024 - 2025

Since 2024, Fortem Capital has been signatory of the PRI and aligned with the CFA Asset Manager Code.

Development
Development
Development
Development
Development
Development
Development
Development

Sustainability Structure


Development Development

CORPORATE GOVERNANCE

+
CORPORATE GOVERNANCE MEETINGS
Having a majority of independent committee members ensures impartial oversight and strengthens our governance integrity.
Board of Directors
%
INDEPENDENTS
%
FORTEM CAPITAL TEAM
Technical Committee
%
INDEPENDENTS
%
FORTEM CAPITAL TEAM
Investment Committee
%
FORTEM CAPITAL TEAM
%
INDEPENDENTS
Board of Directors
%
INDEPENDENTS
%
FORTEM CAPITAL TEAM
Technical Committee
%
INDEPENDENTS
%
FORTEM CAPITAL TEAM
Investment Committee
%
FORTEM CAPITAL TEAM
%
INDEPENDENTS
All committees meets a minimum of four sessions per year.

BOARD OF
DIRECTORS

Fortem Capital’s Board of Directors contributes a rich variety of expertise, perspectives, and backgrounds, serving as a guiding force to propel the company towards long-term growth and value creation.



MIGUEL SÁNCHEZ NAVARRO MADERO
Chairman of the Board and Chief Investment Officer


LUIS TELLEZ KUENZLER
Strategic Advisor


PABLO ASPE PONIATOWSKI
President of Compliance and Audit Committee


LUIS PEÑA KEGEL
President of Corporate Practices Committee


EDUARDO PIZZARO
Board Secretary

COMMITTEES

The Audit and Compliance Committee
The Corporate Practices Committee
SUSTAINABLE COMMITTEE

The Audit and Compliance Committee is responsible for ensuring that Fortem Capital’s operations and processes are conducted ethically, transparently, and in full compliance with applicable laws, regulations, and internal policies. The Committee also oversees the integrity of financial reporting and the effectiveness of internal controls and risk management systems.

Members:

PABLO ASPE PONIATOWSKI
External member
President

Ignacio García de Quevedo
Managing Director

Bernardo Fernández Cueto
Internal Auditor

Miguel Ángel Velázquez
Legal Director

José Juan Gómez
Comptroller