Fund of Funds CCD Wraps Up First Close

Fund of Funds CCD Wraps Up First Close

Mexico Funds Equity

AGC Controladora has raised MXP553m ($42m) from a certificado de capital de desarrollo (CCD) transaction in Mexico’s domestic market, according to regulatory documents. The private equity manager affiliated with US-based Northgate Capital plans to raise up to MXP13bn through a 10-year fund, adding to the initial amount through capital calls. The transaction is being called the first fund of funds in the CCD market, though it will be able to make direct investments in Mexican companies in additio

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial