Mexico City-based WAMEX Private Equity has announced the final closing of its second growth equity fund MIF II with US$160 million in total commitments. While WAMEX raised the majority of commitments from Mexico’s pension funds, it has secured additional commitments for MIF II from institutional investors, including family offices, insurance companies and high net-worth individuals, through a parallel partnership. To date, 40 percent of the fund’s commitments have already been invested in three Mexican companies: Hoteles CityExpress, HDS and Water Capital.