NEW YORK — In the context of financial market uncertainty associated with the ongoing discussion and approval process of the judicial reform in the Chamber of Deputies and its potential effects on legal certainty, a series of promotional events are taking place in New York this week to highlight Mexico as an investment destination.
These forums are part of Mexico Investment Week, organized by three financial institutions to promote private equity and real estate investments in Mexico from the United States.
The first of these events was held on Tuesday with Mexico Private Equity Day, organized by the Mexican Private Equity Association (Amexcap). It was a day dedicated to the Mexican private equity industry.
According to Pablo Coballasi, president of Amexcap, there is significant interest from institutional investors in the Big Apple to hear from Mexicans about the opportunities available in the country looking ahead to the next six-year term.
Given the post-electoral political context in Mexico, “there are sensitive issues that the market has been discussing, and of course, they need to be acknowledged and addressed,” said the expert to this reporter.
Although there is uncertainty related to the upcoming U.S. elections in November, “regardless of whether Donald Trump or Kamala Harris wins, what we do know is that neither of these administrations—Republican or Democrat—will favor trade with China, which is a great advantage for our country.”
From Coballasi’s perspective, our trade and business relationship with the U.S. will thrive, so in the private equity industry, “we continue to strongly bet on the trend of regional blocks, where we still see that Mexico will be favored.”
For the Amexcap president, “Mexico still has a lot to offer. I believe that regardless of how the political and economic environment develops in the short term, we are long-term investors and continue to see a market of over 130 million consumers who demand products and services every day. This is a market we still see as very strong; it doesn’t disappear overnight. It is a long-term market with a high desire to continue investing.”
In addition to Amexcap’s Mexico Private Equity Day, BIVA Day NYC will be held on Wednesday, bringing the Institutional Stock Exchange to Manhattan for the fifth annual edition, and on Thursday, Fibra Day, organized for the third time by the Mexican Association of Real Estate Investment Trusts (AMFIBRA).Hosted by María Ariza, General Director of BIVA, the 27th floor of Rockefeller Center will welcome the U.S. investor community based in New York seeking to explore new investment opportunities for individuals, companies, and institutions wishing to connect with the Mexican market.
Investors continue to see a market of opportunities in key sectors such as logistics, export manufacturing, education, healthcare, and technology, among others. However, to create a conducive investment environment, policies that favor legal certainty and certainty must be adopted, which is not the direction in which the judicial reform seems to be heading.