Goldman bets on Mexican brokerage biz

Goldman bets on Mexican brokerage biz

Equity Capital Markets Corporate & Sovereign Strategy Funds Asset Management Mexico US

Goldman Sachs' plans to open a stock-trading brokerage business in Mexico could be a promising bet in the long run, LatinFinance has heard. "It's a good moment to do this," said Christian Papayanopulos, a partner at the Mexican buyout fund Ventura Capital. "A lot of Mexican capital is leaving and Goldman has a good network of institutional investors who could invest in publicly traded companies." The new brokerage unit will allow Goldman Sachs to buy and sell Mexican equities for international c

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