Insight: Colony Capital

Insight: Colony Capital

In Depth

There’s ample reason why investors are skittish about Mexico. The country seemed less business-friendly after the election of leftist President Andrés Manuel López Obrador. His cancellation of the Mexico City Airport only heightened concerns. And then the sudden departure of Finance Minister Carlos Urzúa appeared to confirm investors’ fears. But where many see obstacles, Colony Capital sees opportunity. The Los Angeles-based private equity firm recently announced it would invest $5 billion in Latin America, much of it in Mexico, as it targets the Pacific Alliance countries that also include Colombia, Chile and Peru. Over the past decade or more, those countries in particular have become appe

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