Afores

Abertis and GIC have acquired a 72.3% stake in Red de Carreteras de Occidente (RCO), a toll road network in Mexico. The transaction was completed by obtaining 70% stake held…

BlackRock listed a Cerpi on the Mexican BMV to raise US$68.8m. The Cerpi will be raised in seven different series which will invest in real estate, infrastructure, and energy amongst…

Actis listed a US$150m CerPI on the Mexican BMV. The CerPI was fully subscribed by Mexican Pension Fund managers (AFOREs) prior to its listing. Actis will utilize the proceeds to…

In early 2019, the federal executive branch of the Mexican Government introduced a proposal to amend provisions of the Pension Funds Systems Law. LAVCA spoke with Nader, Hayaux & Goebel about…

The proposed changes will allow AFORES to investment in unlisted vehicles including private equity. (Bloomberg) Andres Manuel Lopez Obrador’s plan to let Mexico’s giant pension funds invest in more diverse…

Mexico’s National Commission of Savings Systems for Retirement (Comisión Nacional del Sistema de Ahorro para el Retiro), CONSAR is seeking to increase Mexican pension fund’s, known as Afores, investment limits…

According to recent adjustments to the SIEFORES policy, Mexican Afores (Administradora de Fondos para el Retiro) can now invest in foreign private equity, infrastructure, and others, via CERPIs (which need…

Before the end of 2018, Mexican Afores (Administradora de Fondos para el Retiro) will carry out a change in their investment model, moving from investing in Mexican funds known as…

Jalisco-based real estate developer Tierra y Armonía is preparing to launch a MXN$4b CKD vehicle on the Bolsa Mexicana de Valores (BMV) to drive the firm’s strategy outside of Jalisco.…

Download LAVCA Commentary to Mexican Government Author: LAVCA & Contributing PP-GS Council Members Description LAVCA submitted documentation presented by AMEXCAP to Mexican finance minister commenting on regulatory changes affecting direct…