Infrastructure CCD Set to Close

Infrastructure CCD Set to Close

Funds

Mexico’s I Cuadrada (I2), a unit of US-based PE manager Black Creek, is set to raise MXP3.2bn through an infrastructure-focused certificado de capital de desarrollo (CCD) transaction, according to regulatory documents, with details finalizing today. The individual certificates are set to price at MXP100, as is customary for CCDs. The fund created by the deal, directed by I2 and sister unit Mexico Retail Properties, is targeting low-complexity mid-sized (MXP350m-MXP650m) infrastructure projects,

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