April 22, 2010 / 3:31 PM / 8 years ago

FACTBOX-Investments primed for Mexico's private pensions

April 22 (Reuters) - Mexico’s private pension funds may place 8 percent of their nearly $100 billion in assets in infrastructure, real estate and private equity. Ten projects seeking funding between $125 million and $225 million are on the way to the auction block [ID:nN22149323].

Here are the names of the firms that have been cleared by the Mexican stock exchange and financial regulators to seek pension fund investment in the near-term:

PRIVATE EQUITY

Alta Ventures Mexico

Manager Paul Ahlstrom comes to Mexico having started several private equity funds in the United States. Alta Ventures will look for opportunities in Mexico’s growing middle class such as entertainment, housing, health care.

EMX Capital

A veteran of Lehman Brothers and the Carlyle Group, Joaquin Avila is using his fund to seek out businesses that cater to “the base of the socio-economic pyramid”. Past investments have included door-to-door sales and for-profit universities.

Promecap

Mexico airport magnate Fernando Chico Pardo’s private equity fund could blend Afore investments with cash from other pension funds to go on a buying spree. Promecap, founded in 1997, specializes in debt financing.

INFRASTRUCTURE

Navix

The firm has used structured financing to bankroll many energy and construction projects since it was founded in 2007.

Marhnos

With a government concession in hand, the firm does the work of financing, building and operating infrastructure projects.

Institutional Infrastructure

Experienced in building and operating long-term infrastructure projects.

REAL ESTATE

AMB Property Corp AMB.N

With holdings of distribution hubs and other industrial real estate, the U.S. firm already has Mexico investments but wants to tap Afore capital.

Artha Capital

Former Merrill Lynch chairman Carlos Gutierrez is targeting a variety of property investments with this fund.

Prudential Financial (PRU.N)

The company has said that it hoped to raise as much as $500 million from the pension funds but that figure might be scaled back. The fund will focus on stakes in industrial buildings, light manufacturing, distribution centers.

Vertex Private Equity

The new fund run by Ricardo Zuniga is seeking investment for a number of real estate purchases. (Reporting by Patrick Rucker; Editing by Andrew Hay)

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