Palisades Mexico Partners has closed its private capital fund I with $50 million, GlobeSt.com reports exclusively.

The investment fund is a joint venture between Joaquin de Monet, the founder and managing principal of Palisades Capital Realty Advisors, and Sergio Arguelles, president and CEO of FINSA. The fund I was announced earlier this month while raising its initial $50 million. By the end of this year, PMP expects to have $100 million in commitments from Latin American foreign investors.

Read the full article here