trending Market Intelligence /marketintelligence/en/news-insights/trending/ZwWwRQ0S_O475rkPvaTJvA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Blackstone raises $695M for first 2 Mexican private equity funds

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Blackstone raises $695M for first 2 Mexican private equity funds

Blackstone Group LP received $695 million for its first two private equity funds in Mexico, Reuters reported.

Filings to the Mexican Stock Exchange and a nonpublic document reviewed by Reuters reportedly indicated that the capital commitments came from local pension funds.

The private equity funds could help Mexican pension funds spread risk with global investments related to infrastructure, energy and other assets, as well as special situations hedge funds, Reuters noted.

Blackstone is the latest to enter the Mexican fundraising market after a regulatory change in January 2018 that, for the first time, permitted foreign private equity firms to tap into that country's $179 billion worth of pension fund assets and relaxed some investment restrictions for pension funds. BlackRock Inc. and KKR & Co. are among the private equity managers that have recently expanded into Mexico, according to the report.