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Weil Advises Advent on Investment in Mexico's Leading Independent Mandatory Pension Fund Administrator

International law firm Weil, Gotshal & Manges has advised longstanding client Advent International on its preferred securities investment into InverCap Holdings, whose main subsidiary, Afore InverCap, is the largest independent mandatory pension fund administrator in Mexico.

InverCap manages one of Mexico’s best-performing pension funds for private and public sector workers in the country and invests the retirement savings of approximately three million employees nationwide, with total assets under management of US$7.3 billion as of September 2012.

The deal included banking partner Doug Urquhart, London associates Georgina Wilson, Evgeny Zborovsky, U.S. tax partner David Bower and associate Lane Morgan.

London senior private equity partner Marco Compagnoni is the overall global relationship partner for Advent International. The firm has acted on a wide range of deals and other high profile matters for Advent across the globe for more than 10 years, including most recently on acquisitions, such as: WorldPay, The Priory Group, Oberthur, and TransUnion, as well as sales, including: Sophis, and Poundland.