Latin Idea Preps CCD

Latin Idea Preps CCD

Funds

Mexican VC firm Latin Idea Ventures is preparing to raise up to MXP1bn for a new fund through the sale of certificados de capital de desarrollo (CCDs), according to a regulatory filing. Latin Idea has launched 2 funds in 10 years totaling $22m. The funds target small investments in the telecom, media technology and service sectors. The firm plans to raise a third fund with the participation of pension funds and other institutional investors. A parallel fund will be raised privately to invest alo

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