According to a written statement, Mexico City-based WAMEX Private Equity has held the final close of its second growth equity fund at US$160m.
Backers include Mexican pension funds.
Led by Managing Partner Ernesto Warnholtz, MIF II has already invested 40% of commitments in three Mexican companies:
– Hoteles CityExpress (budget hotels),
– HDS (healthcare IT) and
– Water Capital (sustainable solutions financing).