Mexico

Creation Investments Capital Management made a MX$250m investment in Pluscorp, a Mexican financial services company.

BlackRock México Infraestructura III raised a $MXN500m Cerpi in the Mexican Stock Exchange (BMV). The vehicle will invest in energy projects, transportation, water, and social infrastructure such as hospitals in Mexico, Chile, Colombia, and Peru.

The real estate investment fund Administradora CKDELTA raised about $MXN 471 million pesos with the initial issuance of its first CKD in the BMV to make investments in real estate projects in Mexico. The total amount of the $MXN CKD is 2,357.7 million pesos.

LAVCA sat down with Ben & Frank co-founder & co-CEO Mariana Castillo in Mexico City to hear how she is building an accessibly priced direct-to-consumer eyewear brand.

Thor Urbana acquired the Marina Town Center mall, within the Puerto Cancun mixed-use mega-project, in Cancún, Quintana Roo

Inmobilia, the first Yucatecan company that raises capital in the Mexican Stock Exchange, plans to develop between 10 to 12 real estate projects with the resources raised with a CKD.

Macquarie Infrastructure and Real Assets (MIRA) agreed to acquire 90% of a 322 megawatts (MW) solar power generation portfolio in northern Mexico.  The remaining 10% of the portfolio will be owned by Eosol Invest Mexico Uno, SL (EOSOL), developer and operator of renewable energy with significant experience in the solar sector in Mexico.

Engie Factory made an undisclosed investment in 99Minutos, a last-mile logistics startup in Mexico that is backed by 500 Startups.

Fondo de Fondos has listed a new CKD vehicle on Mexico’s BMV for up to MXN$4 billion. The CKD will invest private equity funds and projects targeting the infrastructure and renewable energy sectors.

ALIGNMEX Capital is planning to issue a second CKD vehicle in less than 14 months through the Mexican Stock Exchange (BMV). The vehicle will seek to raise up to MXN$3 billion, and will invest in its BosqueReal real estate project, which is located in Huixquilucan, Mexico.