Evercore Mexico Capital Partners Raises $201 Million Fund

  Evercore Mexico Capital Partners Raises $201 Million Fund

  *Evercore Mexico Capital Partners III to invest in high-growth Mexican
    companies across attractive industries
  *Track record of working with outstanding partners and high-quality
    management teams to generate value

Business Wire

MEXICO CITY -- June 18, 2013

Evercore Mexico Capital Partners (“EMCP”), a leading private equity investor
in Mexico and the Mexican private equity business of investment banking firm
Evercore Partners, today announced that it has completed fundraising for
Evercore Mexico Capital Partners III (“EMCP III”), raising $201 million, its
largest fund ever. EMCP III, which was oversubscribed, will continue to employ
EMCP’s proven and successful strategy, focusing on making minority investments
in high-growth, family-owned and privately-held Mexican companies and working
with these companies’ management teams to generate additional value.

“We are very grateful for the strong support we received from our investors in
our new fund,” said Pedro Aspe, Co-Chairman of Evercore Partners and EMCP
Investment Committee Member. “The interest in EMCP III and the amount we were
able to raise are a tribute to our consistent strategy and the hard work of
our talented investment professionals. We have built a truly differentiated
platform that combines deep local knowledge with proprietary, high-quality
deal sourcing and direct access to key strategic and financial parties.”

EMCP III plans to invest $15 million - $30 million per investment opportunity.
The fund includes a wide variety of institutional investors and family
offices. Approximately 40% of EMCP III is composed of limited partners that
invested in Evercore Mexico Capital Partners II.

“EMCP III aims to capitalize on a highly attractive and stable Mexican
macroeconomic environment,” said Alfredo Castellanos, EMCP Managing Director
and EMCP Investment Committee Member. “The growing demand for products and
services of a rapidly growing middle class coupled with Mexican companies in
the process of modernization should present attractive investment
opportunities. We are focused on family-owned and privately-held
growth-oriented companies that seek partners with local knowledge and global
vision, and that share our business values and principles.”

Representative companies in EMCP’s existing portfolio include Volaris, More
Pharma and Grupo Axo. EMCP III has already made three investments: Intellego,
Diavaz DEP and Grupo Casanueva Pérez.

“We feel honored to have the support of such a reputable and diversified
investor base, and we greatly appreciate the confidence they have shown in us
each and every day,” said Alejandro Capote, EMCP Managing Director and EMCP
Investment Committee Member. “We strive to maintain a full alignment of
interests among LPs, the general partner and the investment team, and will
work diligently to maintain our investors’ trust moving forward.”

About Evercore Mexico Capital Partners

Evercore Mexico Capital Partners is the Mexican private equity division of
Evercore Partners and manages more than $400 million dollars of committed
capital. Other private equity investments in EMCP’s portfolio include:
Volaris, the second largest airline in Mexico; Lipu, the largest school and
employee transportation company in Mexico; More Pharma, a Mexican specialty
pharma company; Grupo Axo a brand management company and Servicios
Corporativos Javer, the largest private housing developer in Mexico.

About Evercore Partners

Evercore Partners is a leading independent investment banking advisory firm.
Evercore’s Investment Banking business advises its clients on mergers,
acquisitions, divestitures, restructurings, financings, public offerings,
private placements and other strategic transactions and also provides
institutional investors with high quality research, sales and trading
execution that is free of the conflicts created by proprietary activities;
Evercore’s Investment Management business comprises wealth management,
institutional asset management and private equity investing. Evercore serves a
diverse set of clients around the world from its offices in New York, Boston,
Chicago, Minneapolis, Houston, Los Angeles, San Francisco, Washington D.C.,
Toronto, London, Aberdeen, Scotland, Mexico City and Monterrey, Mexico, Hong
Kong and Rio de Janeiro and São Paulo, Brazil. More information about Evercore
can be found on the Company’s website at www.evercore.com.

Contact:

LP:
Evercore Mexico Capital Partners
Alfredo Castellanos, +52.55.52.49.4386
acastellanos@evercore.com.mx
or
Evercore Mexico Capital Partners
Alejandro Capote, +52.55.52.49.4386
acapote@evercore.com.mx
or
Investor:
Evercore Partners
Robert B. Walsh, +1.212.857.3100
Chief Financial Officer
or
Media:
The Abernathy MacGregor Group, for Evercore Partners
Dana Gorman, +1-212-371-5999
 
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