VC Firm Set for CCD Close

VC Firm Set for CCD Close

Mexico Funds Equity

Mexican venture capital firm Latin Idea Ventures is about to wrap up an approximately MXP650m ($49m) certificado de capital de desarrollo (CCD) transaction, according to regulatory documents. Along with a parallel fund Latin Idea is raising, the CCD fund will target small investments in the telecom, media technology and service sectors. The parallel fund has had three closings and plans a fourth, with Latin Idea targeting a total fundraising of $100m-equivalent, including both the CCD and parall

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