Northgate Capital Raises MXN4 Billion for a Debt CKD Fund (Latin America)
Source: Northgate Capital
Global private equity and venture capital fund manager Northgate Capital has completed a MXN4 billion (approximately US$234 million) quasi-equity/mezzanine CKD (Certificado de Capital de Desarrollo) offer through the Mexican Stock Exchange. The CKD fund will make debt structured transactions with medium-sized Mexican companies that require financing for capital expenditure, strategic acquisitions, operation expansions, debt restructuring or equity reconfiguration.