Newsletter 12th Edition

AMEXCAP
AMEXCAP Newsletter - Exclusively for Members
12th Ed., April 18, 2013
 
In this edition:
  • Headlines of Transactions and Fundraising
  • Mexico PE Day NYC: List of Confirmed LPs
 
 
 
Transactions & Headlines
  

 

Vertex Real Estate Fund I and Gerbera Capital formalized an investment program for residential, mixed and commercial offices in Guadalajara, Jalisco.

The projects will be developed by Gerbera Capital whose real estate team has deep experience in the market and with offices in Guadalajara. Gerbera Capital is a Mexican private equity firm that currently manages three real estate funds, a venture capital fund and a platform of global portfolios.

Vertex  Real Estate investors focuses on managing real estate funds investing in residential, commercial, industrial, and leisure properties in Mexico. The firm currently manages a multi-sector real estate CKD issued in Mexico (April 15, 2013).

  

EMX Capital raises U.S. $192.3 million for Buyouts and Growth Capital in Mexico.

EMX Capital announced the closing of EMX Capital Partners LP with total capital commitments of U.S.$68.2 million from local and international investors. EMX Capital Partners LP will invest alongside EMX's Mexican side-by-side vehicle, which has funding of Ps.1,544 million pesos from Mexican pension funds (approximately U.S.$124.1 million). Therefore, the combined vehicles ("EMX Capital Partners I") have obtained U.S. $192.3 million of capital.

EMX Capital Partners I will invest in buyout and growth equity opportunities across industry sectors. It seeks to invest in mid-size Mexican companies through equity or equity-linked securities. EMX Capital Partners I targets control investments in companies requiring equity capital of U.S.$15 million to U.S.$65 million per transaction and plans to invest over a five-year period. EMX Capital Partners I has made two investments to-date. First, it invested in ILSP, a leading security and logistics service provider, and then in AG Convertidora, a producer of quality flexible packaging.

(April 10, 2013)
.
 
Adobe Capital launches first impact investing fund focusing on supporting the growth of social and environmental enterprises in Mexico.

 Adobe announced that during the last quarter of 2012, the venture capital firm launched its first impact investing fund in Mexico, Adobe Social Mezzanine Fund I, LP, with US$15 million in commitments made by nine institutional investors. The new fund seeks to create social and environmental impact while generating attractive financial returns for its investors.

Adobe Capital will invest ticket of US$100,000 to US$3 million into 10 to 15 Mexican companies and will employ Mezzanine like structures that combine debt and equity in order to maximize the probability of success for sponsored companies  (April, 2013).

 

Adobe Capital announced an investment in FINAE, a Mexican business leader in the loans sector for students of low and mid-income. With the investment, FINAE will be able to increase the size of its loan portfolio and will get prepared to issue debt in the Mexican market, the first in the educational sector  (January, 2013).

 

Startup Mexico invests in Venture Partners. On March 21, 2013, Startup Mexico formalized their first investment committing capital to Venture Partners' Seed Innovation Trust I. The investment is a milestone in developing the entrepreneurial ecosystem in Mexico, a project backed by NAFIN and the Mexican Ministry of the Economy. Venture Partners is one of the most active seed and venture capital firms in Mexico. The first fund was launched in June 2012 and invests in innovative early stage businesses with high potential for growth. (March 21, 2013).

Upcoming Event: Mexico PE Day: Private Equity, Real Estate, Infrastructure - New York City
 

Event Date: May 16, 2013

Venue: Waldorf Astoria New York, 301 Park Avenue New York

City: New York City, United States

 

Limited space, register here link

 

AMEXCAP is working in partnership with Fondo de Fondos, LAVCA and sponsors to bring together general partners, institutional investors, specialist service providers and policy makers from Mexico, the United States, and Europe to discuss opportunities and challenges for investment in the Mexican Private Equity industry.

 

Confirmed LPs

 

57 Stars

57 Stars is an independent asset manager focused on investing in primary and secondary private equity partnerships and co-investments in select markets outside of the United States, primarily in emerging markets. The firm has over USD 1.7 billion under management.

http://www.57stars.net 

  

Adveq

Adveq is a leading asset manager with approximately USD 5.0 billion in AUM and investing in private equity and real asset funds globally. To date, Adveq has invested in more than 400 funds on behalf of its clients. http://www.adveq.com 

  

Allianz Capital Partners          

Allianz Capital Partners GmbH (ACP) is the captive, alternative asset platform of Allianz Group with assets under management of about EUR 8.5 billion. 

http://www.acp.allianz.com 

 

AlpInvest Partners

The Fund Investments team at AlpInvest manages an annual allocation in excess of €4 billion with total commitments of over €27 billion, has over 100 core general partnership relationships worldwide, and is a proactive partner across the full spectrum of the private equity market, including: Large Buyouts, Middle-Market, Lower Middle-Market, and Growth Buyouts, Venture Capital, Mezzanine, Distressed Securities, Secondary, Sustainable Energy. http://alpinvest.com/ 

 

ATP Private Equity Partners

ATP Private Equity Partners is one of Europe's largest institutional investors in private equity funds targeting funds in Europe, North America, and select emerging markets.  ATP PEP has an annual investment program of €400-500 million. The limited partnership ATP PEP IV K/S was established in 2011, and has a commitment of €1.4 billion from its limited partner ATP, Denmark's largest pension fund. ATP PEP IV K/S is actively making fund commitments and co-investments. 

http://www.atp-pep.com 

 

AXA Private Equity

AXA Private Equity is a world leader in private equity, with assets of 31 billion dollars managed or advised in Europe, North America and Asia. The company covers the full range of asset classes: Funds of Funds (primary, early secondary and secondary), direct funds including Infrastructure, Small and Mid Market Enterprise Capital, Innovation & Growth, Co-Investment and Private Debt. http://www.axaprivateequity.com 


Commonfund Capital

Commonfund is the only institutional investment firm that delivers solutions for strategic investors within both the nonprofit and pension investment communities. Today, Commonfund manages over $24 billion for more than 1,500 institutions. Commonfund is a signatory of the Principals of Responsible Investing (PRI). http://www.commonfund.org 

 

CPP Investment Board

The CPP Investment Board is a professional investment management organization based in Toronto whose purpose is to invest the assets of the Canada Pension Plan in a way that maximizes returns without undue risk of loss. The CPP Fund is $172.6 billion and since it began investing in private equity in 2001, CPP has committed approximately $42 billion to private equity fund investments, of which more than $32 billion has been invested to date. CPPIB currently has a private equity portfolio of 177 funds with 81 managers. http://www.cppib.ca/Investments/Equities/Private_Equities/default.html 

 

Dayn Advisors, LLC

Dayn Advisors is a private equity advisory firm that provides due diligence services for investors seeking to make commitments in private equity and infrastructure markets. It is led by CEO Anna Dayn, who previously founded and led the private equity investment program at Cardano, a UK pension fund consultancy, which remains a flagship client for Dayn Advisors.

 

Hamilton Lane

With more than $23 billion in discretionary assets under management along with oversight of an additional $147 billion in advisory assets, Hamilton Lane is one of the largest allocators of private equity capital in the world.  http://www.hamiltonlane.com/ 

 

Teachers' Private Capital

Teachers' is the private equity arm of the Ontario Teachers' Pension Plan. Since inception, Teachers' has invested in more than 300 companies and funds, deployed more than $23 billion in capital and developed expertise in specific industry sectors. http://www.otpp.com/investments/asset-groups/teachers-private-capital 

 

Overseas Private Investment Corporation

OPIC mobilizes private capital to help solve critical development challenges and in doing so, advances U.S. foreign policy. OPIC provides financing, guarantees, political risk insurance, and support for private equity investment funds. http://www.opic.gov 

 

 

Pantheon Ventures

Pantheon is a leading global private equity fund investor that manages $24.0 billion in assets in regional primary investments, global secondary and infrastructure investments and customized separate account programs. http://www.pantheonventures.com 

 

 

Quilvest Private Equity

Quilvest Private Equity, offers sophisticated, independent, and global private equity and real estate solutions to private investors, families, and institutions around the world. During the past four decades, it has invested approximately $4 Bn in over 300 private equity and real estate funds and 150 direct investments. www.quilvest.com 

Partners Group

Partners Group has over EUR 28 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. The firm manages a broad range of funds and customized portfolios for an international clientele of institutional investors.  http://www.partnersgroup.com 

 

PineBridge

PineBridge is an independent asset manager with over 60 years of experience in developed and emerging markets managing over US $68 billion. The firm announced a second close of its Mexican fund of funds CKD on September 27, 2012 with capital commitments of approximately US $209 million. http://www.pinebridge.com/ 

Third Party Events
 

 

IFC's / EMPEA 15th Annual Global Private Equity Conference | EM PE Week

IFC's 15th Annual Global Private Equity Conference in Association with EMPEA returns  to the Ritz-Carlton in Washington, D.C. Mark your calendar now and plan to join key emerging markets private equity players at the industry's predominant and most comprehensive annual gathering.

 

The Global Private Equity Conference main forum, May 14-15, focusing on the theme of Emerging Markets Private Equity: Taking Center Stage, will examine how private equity in emerging markets is standing out as the premier opportunity for investors to realize higher returns, while simultaneously injecting much-needed growth capital and business expertise into the world's emerging market economies. Industry expert contributors will examine how investors can best position themselves to maximize returns, while exploring which markets and sectors present the most compelling investment thesis and merit increased focus. More information follow this link: Event website

If you would like to share a story please reach out to rgranja@amexcap.com or eregalado@amexcap.com
 
Kind Regards,
 
AMEXCAP

Mexican Association of PE & VC Funds

AMEXCAP Events

 

 

Mexico PE Day NYC, May 16, 2013