Fondo de Infraestructura Evercore Mexico I

The purpose of Fondo de Infraestructura Evercore Mexico I ("Evercore I" or the "Fund") is to make equity investments and investments through financing for infrastructure projects in public-private partnerships at the local and federal levels, focusing mainly on investments in local projects, which have a better risk-return relationship. The Fund will promote infrastructure development and contribute to economic growth and capital formation in the state or municipal entities in which it invests.

The Fund’s target amount is MX$2.5 billion. Its main investors will be Mexican pension funds, the Fondo Nacional de Infraestructura (FONADIN), the IIC, and the Fund manager. The Fund has the support of experts in such areas as local infrastructure in Mexico, investment structuring, and private equity fund management. The Fund may invest in social infrastructure, hydraulic and environmental infrastructure, utilities and communications, and transportation projects, among others.

The IIC’s participation in Evercore I, of up to MX$125,000,000, is in line with the IIC’s strategy of participating in private equity funds that enable it to reach sectors in which it does not have in-depth experience and extend its reach into sectors that would be difficult to access through direct investments. The IIC also seeks to improve Evercore I’s development impact by introducing environmental and labor procedures and standards in line with international guidelines.