Industry News
WAMEX Private Equity Raises $160 Mln with Fund II
25 April 2012
(peHUB) April 25, 2012 – Mexico City based WAMEX Private Equity announced the final closing of its second growth equity fund MIF II at US$ 160 million. WAMEX was the first manager to raise institutional funding from mexican pension funds via a publicly listed CKD vehicle, and raised additional commitments for MIF II through a parallel partnership.
“We are very pleased to have exceeded our target under very tight funding conditions. Mexico is surging amongst emerging markets and we have a rich pipeline for building a portfolio of leading companies”, said Managing Partner Ernesto Warnholtz.
WAMEX has already invested 40% of MIF II commitments in three Mexican companies: Hoteles CityExpress (budget hotels), HDS (healthcare IT) and Water Capital (sustainable solutions financing).
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