Palisades Mexico Partners (PMP), a joint venture between Joaquin de Monet, founder and managing principal of Palisades Capital Realty Advisors, LLC, and Sergio Argüelles, president/CEO of Monterrey, Mexico-based FINSA, has...

Palisades Mexico Partners (PMP), a joint venture between Joaquin de Monet, founder and managing principal of Palisades Capital Realty Advisors, LLC, and Sergio Argüelles, president/CEO of Monterrey, Mexico-based FINSA, has announced the formation of Palisades Private Capital Fund I, which is currently raising $50 million and is scheduled to acquire three institutional-quality assets in Texas, Arizona and Southern California in the next month. The partnership is targeting $100 million in the coming months.