Adobe Capital announces the final closing of Adobe Mezzanine Fund II, L.P. with total commitments of $30.3 million US dollars

Published: 05/August/2019

 

Adobe Capital announces the final closing of Adobe Mezzanine Fund II, L.P. with total commitments of $30.3 million US dollars. This second fund is comprised entirely of institutional investors, both local and international.

Adobe Mezzanine Fund II, L.P. successfully surpassed the capital raised by the first fund by a considerable margin; Adobe Social Mezzanine Fund I, which closed at $20 million US dollars in 2012.

We are pleased to share that this second fund is made up of a greater number of Mexican investors, representing a growing trend of mobilizing local capital towards impact investing. Moreover, the fund has made three investments to date: IPETH and Kuepa (education sector) and HEG (renewable energy sector).

The final closing of the second fund reinforces the mission and promise of Adobe Capital to generate social and environmental impact aligned with market rate returns.

Press Contact

María Puch

mariapuch@nvgroup.org