Altum Capital creates fund for SME loans

Altum Capital creates fund for SME loans

Funds Loans Debt Asset Management Mexico United States ESG

Mexican asset management firm Altum Capital has set up a second dollar fund for up to $125 million to increase lending to small and medium-sized enterprises (SMEs), according to the company's website. The fund, called Altum USD II, will lend to companies like exporters with earnings in US dollars, primarily in Mexico but also in other countries in the region, including Colombia and Peru. Apollo Investment Corporation, a New York-based alternative fund manager with about $500 billion in assets, a

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