Mexican PE Firm Makes First Close

Mexican PE Firm Makes First Close

Funds

Mexican PE shop Wamex has made a first closing of $55m for its second fund, dubbed the Multinational Industrial Fund II (MIF II), says partner Jose Antonio Contreras. He adds that he expects to have raised $120m-$150m by final close, which should take place in about a year. Investors so far include 4 Afores, which invest through publicly-listed Certificados de Capital de Desarrollo, and one private pension fund, Contreras explains. In future fundraising efforts, he says the fund will target more

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