PROJECT

Projects

Summary of Investment Information

Project Number

43747

Company Name

MOUNTAIN NAZCA CROSS BORDER FUND IV, LP

Date SPI Disclosed

Mar 30, 2020

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Jun 1, 2020

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 10, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jun 1, 2020
Signed : Jun 16, 2020
Invested : Sep 10, 2020

Sector

Venture Capital Fund

Project Description

The proposed investment is an equity investment of up to $15M in Mountain Nazca Fund II, (“Fund II”), an Ontario-domiciled VC fund focused on investing in early-stage technology companies in Spanish Latin America (“LAC”), predominantly Mexico.

Associated Advisory Engagement

There are no Advisory Engagements associated with Fund II at this stage.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation