EMP Latin America (EMPLA) today announced that the final closing of its Central American Mezzanine Infrastructure Fund (CAMIF) took place on November 23 at US$150 million. In this closing EMPLA welcomes Finnish Fund for Industrial Cooperation (Finnfund) as CAMIF's latest Limited Partner. Despite today's challenging market conditions the Fund was able to close at its original target size thanks to support from its existing participants the Inter-American Development Bank (IDB), IFC, a member of the World Bank Group, Netherlands Development Finance Company (FMO), Central American Bank for Economic Integration (CABEI), and Mexican Fondo de Fondos (CMIC).

CAMIF offers long-term mezzanine financing to private infrastructure companies in Central America, Mexico, Colombia, and the Dominican Republic. The Fund focuses on traditional infrastructure projects, such as transportation, energy and telecommunications. In addition, CAMIF is able to invest in related sectors, such as natural resources, tourism, agribusiness, alternative fuels, health & education, and water & sanitation.

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Posted by claire at December 16, 2009 7:48 AM