April 30, 2019 |
Mexico's private equity industry could see deal numbers decline by 50% as growth slows in Latin America's second largest economy, LatinFinance has heard.
"We could see activity falling 50% to six or eight deals, at least in the plus-$50m category," said the head of a private equity firm in Mexico City. "A lot of people are waiting to see what [President Andrés Manuel] Lopez Obrador does before making new investments."
Mexico's private equity firms made 27 acquisitions for just over $1bn last yea
Firms face a 50% drop in deals as the finance ministry revises its growth forecasts