Newsletter Sixth Edition

AMEXCAP
AMEXCAP Newsletter - Exclusively for Members
SIXTH EDITION, 2012 SEPTEMBER 3, 2012
 
Transactions & Headlines
  

 

 

Nexxus Capital announced a 38.85% stake investment in Maak Holding. Nexxus Capital, through Nexxus IV and Nexxus V, announced an investment in Maak Holding, a Mexican holding company that operates as an integrated building products firm. According to a public filling at the Mexican Stock Exchange, Maak Holding will continue analyzing complementary businesses in the design and commercialization of building products for residential and commercial purposes. Maak Holding is the fourth investment of Nexxus IV and Nexxus V. The funds have US$ 310 million of committed capital and make co-investments in Mexican firms operating in high growth sectors. The funds' additional portfolio companies include Price Travel, Taco Holding, and Moda Holding. Founded in Mexico in 1995, Nexxus Capital is a leading Mexican Private Equity fund manager focusing on mid-market growth and buyout transactions. The firm has raised five funds with US$652 million in commitments and has listed three companies on the Mexican Stock Exchange (one in NYSE) (August 22, 2012).
 
Alta Ventures Closes $70 Million Fund To Invest In Mexican Tech Startups. Alta Ventures Mexico has completed a final close on its $70 million debut venture fund. The firm is an early-stage venture capital fund based in Monterrey, Mexico providing seed, venture and growth capital to companies targeting high-growth markets. The Alta team has directly founded startups and, as investors launched more than 80 companies. According to peHUB, the majority of Alta's capital came from 29 family offices based in Monterrey, Mexico. Additional investors included Dave McClure from 500 Startups and the Guadalajara Angel Investment Network. Alta Ventures will focus on Mexican technology companies working in high-growth sectors such as SaaS, mobile, big data, healthcare, clean tech, consumer, non-banking financing and education. Since its first close, Alta has invested in seven companies and already exited one of its portfolio investments: Rhomobile, which sold to Motorola in July 2011 (August 21, 2012).
 
MIF approves US$ 5 million investment in Mexico Development Fund I. The Multilateral Investment Fund (MIF) approved a $5 million equity investment in Mexico Development Fund I (MDF-I), a venture capital fund that will provide financing, as well as strategic and operational advice to small and medium-sized companies in Mexico. The Fund will be operated by PC Capital Partners, a Mexican firm with experience in financing, management consulting and private equity(August 2, 2012).

Members-only Exclusive Event
 
   
Private Equity Forum for Fund Managers (AMEXCAP Members-only Networking Series) September 25, 2012.  For the first time, AMEXCAP has prepared an exclusive event for its members (no cost) that will cover topics on current trends, challenges, and best practices faced by GPs. The event's ultimate goal is to promote dialogue among AMEXCAP's associates (fund managers) and affiliates (advisory services firms). For more information and to register please visit the following link : registration link 

Industry Insights 
 
Mexican PE Industry Report
  • Overview of Mexico's Private Equity Industry: AMEXCAP's Committee: "Comité de Difusión" has developed a research report which highlights:
    • Fundraising in Mexico
    • Profile of Transactions in Mexico
    • Mexico vs. Top Emerging Market Economies
    • Mexico vs. Latin America
    • Opportunities in Mexico
    • Limited Partners participating in the Mexican Market
    • Highlights of the Mexican PE Market
    • Challenges faced by current fund managers
    • Opportunities moving forward

Click here to:Download PDF

  • ProMéxico Presention on Mexico's Macro Environment: follow this link to download the Spanish version of the presentation. Download PDF
Upcoming Events (AMEXCAP Endorsed)
 

 

 

LAVCA's Annual Summit and Investor Roundtable, September 11-13, New York. AMEXCAP members receive a 20% discount over the full registration price. To download the event's agenda follow this link:  Download tentative agenda

 

BVCA's International Series - Latin America: Private equity and venture capital in Latin America, November 1, 2012, London, UK.  The BVCA is working in partnership with the Brazilian Private Equity & Venture Capital Association (ABVCAP) and the Mexican Association of PE & VC Funds (AMEXCAP) and sponsors to bring together general partners, institutional investors, specialist service providers and policy makers from Latin America and the UK to discuss opportunities and challenges for investment in the region. Following the success of the Brazil Forums in 2010 and 2011, this year's event will encompass the Latin American region as a whole and will offer the opportunity for members of the BVCA, ABVCAP and AMEXCAP to engage with new contacts and cement existing relationships.  The Forum will bring together GPs and institutional investors from Western Europe and a delegation from the region. Mexican GPs interested in participating (fee waived) please contact info@amexcap.com. Mexican services providers to the PE industry who are interested in sponsorship opportunities please contact info@amexcap.com.
 
12th Annual Super Investor 2012, November 6-9, Paris, France. SuperInvestor is amongst the SuperReturn series of leading private equity events which brings together 900 LP/GP attendees over 4 days. The event is the largest and most prestigious LP GP relations conference worldwide. AMEXCAP members interested in attending please contact info@amexcap.com. Link to event website

 

 

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

Mexican Association of PE & VC Funds

Upcoming Events AMEXCAP -Sponsored & Supporting

 

 

The 4th Latin America China Investor Forum (LatinFinance), Sep 11-12, 2012, Shanghai, China
20% discount to AMEXCAP members
 

 

LAVCA Annual Summit and Investor Roundtable, September 12-13, 2012, New York, NY

 

20% discount to AMEXCAP members

Link to event 

 

 

The Latin America Korean Investor Forum, Sep 14, 2012, Seoul, Korea  

 

 

20% discount to AMEXCAP members

 

 

The Green Pitch (by New Ventures Mexico), Sep 19, 2012, Monterrey Mexico

Link to event  

 

EMPEA's Private Equity in Emerging Markets 2012, October 23, London 

Link to event