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| Global Awards | |
| High grade | High-yield |
| Equity | M&A |
| Structured credit | Restructuring |
| Regional Awards | |
| Asia | Latin America |
| CEE | Middle East |
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Innovation returned to the Mexican capital markets in 2009. Two deals successfully used Mexican equity-linked certificates (certificado de capital de desarollo, CKDs) to raise funds. These structured notes were exclusively designed for the Mexican market, targeting the regulated pension funds (afores). On November 5 local group Wamex Private Equity Management announced the first closing of $55 million for the Multinational Industrial Fund II. Of the money raised, 80% came from afores managers. A second close will be achieved with an offshore vehicle. The successful execution of this deal meant that for the first time it was feasible for some of the afores’ $75 billion to be invested in private equity funds.