Investment in Mexico Development Fund I
This project seeks to support the creation of a seed capital fund in Mexico, PC Early Stage Fund, which will provide equity investments to 5-8 firms operating in the education, microfinance, and sustainability sectors, including vocational and tertiary education, innovative financial services for low-income segments, organic food and renewable energy. The Fund will be administered by PC Capital Partners, a Mexican-based firm with extensive experience in investment banking and private equity, and will target a capitalization of USD 50 million. For supporting this Fund, the project team is requesting an equity investment of USD 5 million and non-reimbursable technical assistance for a total of USD 350,000.

Project Detail

Country

Mexico

Project Number

ME-Q0007

Approval Date

July 25, 2012

Project Status

Closed

Project Type

Equity

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 50,000,000.00

Country Counterpart Financing

USD 45,000,000.00

Original Amount Approved

USD 5,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-13358-ME Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-13358-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31683
Agree-Mif Equity
Mexico_ Equity Investment EQU_MS-13358-ME and Nonreimbursable Technical Cooperation ATN_ME-13357-ME Mexico Devel [36934025].PDF
Jan. 21, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1983553961-31684
Agree-Mif Equity
Mexico_ Equity Investment EQU_MS-13358-ME and Nonreimbursable Technical Cooperation ATN_ME-13357-ME Mexico Devel [36945514].PDF
Jan. 21, 2015
Spanish

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