The proposed investment consists of two senior secured loans to (i) CKD RF Estructurada, S.A.P.I de C.V. SOFOM E.N.R (“CKD”), an existing client and operating vehicle of AltumCK, and (ii) Fideicomiso Irrevocable de inversion y Pago no. 4909 (“CERPI Trust”), an operating vehicle of AltumPI (together the Funds). The Funds are managed by Legorreta Gomez y Asociados, S.C. (LG&A or the Fund Manager). The proceeds will be used to finance NBFIs and SMEs in Mexico, which have limited access to bank loans. At least 35% of the proceeds will fund climate related activities such as renewable energy (RE), solar panels for households and small businesses, and energy efficient (EE).
The proposed investment will support Mexican SMEs and non-bank financial institutions (second and third tier) through a senior secured loan of up US$50 m to the operating vehicles of two funds, CKD RF Estructurada, S.A.P.I de C.V. SOFOM E.N.R, an existing IFC client; and Fideicomiso Irrevocable de inversion y Pago no. 4909. The Funds are managed by Legorreta Gómez y Asociados, S.C. (LG&A or the Fund Manager)
According to information published by the National Commission for the Protection and Defense of Financial Services Users (CONDUSEF) in September 2022, CKD RF Estructurada, S.A.P.I de C.V. SOFOM E.N.R. is one of the financial institutions that has suffered identity theft to commit fraud by asking people for documentation and money in exchange for receiving a loan.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||CKD RF Estructurada, S.A.P.I de C.V. SOFOM E.N.R||Undisclosed||-|
|-||-||-||-||Fideicomiso Irrevocable de inversion y Pago no. 4909||Undisclosed||-|
|-||-||-||-||Legorreta Gomez y Asociados, S.C.||Parent Company||-|
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