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IGNIA Latin America fund closes on $102m

23 Jun 2010

Mexican private equity firm IGNIA has closed its debut fund, that will target small businesses in Latin America, on $102m. IGNIA Fund I reached the close after seven rounds of fundraising, breaking initial targets of $50m to $75m, with the final round led by JP Morgan and a Corporacion Mexicana de Inversiones de Capitol fund of funds.

 

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