Latin Idea Raises MXN615 Million (US$45.9 Million) CKD (Latin America)

Source: Fondo de Fondos

Mexico-based private equity fund manager Latin Idea Ventures has raised MXN615 million (US$45.9 million) for its latest venture capital fund, Latin Idea Mexico Venture Capital Fund III, through a certificado de capital de desarollo (CKD). A parallel vehicle is being raised from international institutional investors. Latin Idea Ventures primarily invests in the technology, media, telecommunications and services sectors.