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PRINT THIS PAGE GP Investments opens Mexico office06/11/2007. Source: AltAssets. 
GP Investments, the Brazilian buy-out firm that has just closed its latest private equity fund, GP Capital Partners IV, above its $600m target on $1.3bn, has opened a new office in Mexico City, headed by GP partner Márcio Tabatchnik Trigueiro. GP co-chairman and co-CEO Antonio Bonchristiano said, 'Mexico and Brazil have economies of similar size and the Mexican economy has enjoyed the benefits of macroeconomic stability for a sustained period. The country's strategic location and proximity to the US gives us differentiated access to this significant market as we continue to pursue investments in the region.'
Trigueiro has been with GP since 2001. He will be joined by two Mexicans with local business experience who have recently been hired.
GP's core activity is private equity investment. Since inception the firm has raised almost $3bn from international investors and has acquired 42 companies in 11 industry sectors.
Copyright © 2007 AltAssets
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