Tuesday 6 October 2015

Dubai private equity house Abraaj raises $191m for Mexico investment | The National

Dubai private equity house Abraaj raises $191m for Mexico investment | The National:

"Private equity firm Abraaj Group has raised $191 million through Mexican publicly traded certificates for investments in the country, it said on Tuesday.

Certificates of Development Capital (CKD) will be used to invest in mid-sized Mexican businesses that have strong growth potential and which show capabilities of regional and international expansion, Abraaj said in a statement.

Target sectors for the CKD include retail, fast-moving consumer goods, healthcare, education, logistics and financial services. Abraaj said the first transaction using the development capital may be closed by the end of the year."



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