Artha Lines Up CCD

Artha Lines Up CCD

People Corporate & Sovereign Strategy

Artha Capital, the Mexican private equity shop founded last year by former Merrill Lynch LatAm chairman Carlos Gutierrez and former Consorcio Ara CEO German Ahumada, is preparing to raise funds through Mexico’s certificado de capital de desarrollo (CCD) market. The real estate fund plans to purchase tracts of land on which it would develop basic infrastructure and seek to resell, according to regulatory documents. It plans to develop land for use in the residential, commercial, industrial and to

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