Darby Plans Country-Specific Mezz Funds

Darby Plans Country-Specific Mezz Funds

People Corporate & Sovereign Strategy

US-based Darby Overseas is working on establishing new country-specific mezzanine funds for LatAm, CEO Richard Frank tells LatinFinance. "A Colombian fund is expected to close soon that will provide both PE and mezzanine financing in the infrastructure space,” says Frank. “We are also looking at Brazil and Mexico to set up more country-specific funds," he adds. On average, Darby raises between $250m-$300m for its mezzanine and PE funds. Darby introduced mezzanine financing to LatAm about a decad

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