Wamex Prepares Second CCD

Wamex Prepares Second CCD

Mexico Funds Equity

Mexican private equity manager Wamex is preparing a new certificado de capital de desarrollo (CCD) transaction, according to regulatory documents. The issuer has not defined a target amount for the 10-year fund that will make use of capital calls to grow. As with Wamex’s first CCD, the fund will target Mexican businesses in the middle market, which it defines as having sales of MXP500m ($39m) to MXP1.5bn per year. The manager is offering investors a return structure featuring principal plus a 10

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