MEXICO CITY — Greenberg Traurig’s Mexico City office advised Scotia Inverlat Casa de Bolsa in establishing a $650 million trust certificate program under the Certificates of Capital Development (CKD) regime, marking the first voluntary adoption of its kind in Mexico, the firm announced Tuesday.
The program, managed by Promecap Capital de Riesgo, issued 3 million Series A Trust Certificates, listed as “PMCPCC 25D” and “PMCPCC 25-2D.” Proceeds will fund alternative asset investments, introducing a new financial instrument for retail investors in Mexico’s capital markets.
Capital Markets Shareholder David Argueta led the Greenberg Traurig team, with support from Associate Joaquín García Pimentel Borja.
Scotia Inverlat, a Scotiabank subsidiary, offers brokerage and investment banking services in Mexico. Promecap specializes in private equity and alternative investments across Latin America.
