Fernando Eraña

Private Equity & Venture Capital

• Represented Swvl in its expansion with the acquisition of Urbvan, the mass transportation technology platform.
• Represented Sportium in the negotiations with Northgate Capital for a growth investment.
• Currently represents Ideas y Capital as inhouse legal advisor and on transactional issues, including equity and debt financing rounds at Deporprivé, Crowdfunder, Boletia, Dvdendo, Econduce, Nimblr; Amigo Travel Group and Turing Enterprises.
• Represented InnoHub México, a technology-focused company builder, in a growth investment by Banco Santander.
• Represented Axon Partners in a growth investment in Mercadoni aimed at expanding its operations in México.
• Represented Redwood Ventures in a seed capital investments, including in Billpocket and Ares Materials.
• Represented a group of investors in a Series "A" financing round of a technology company specializing in digital vouchers and electronic documents.
• Represented Bamboo Finance in a growth investment and several subsequent rounds of financing with debt, in FINAE. FINAE is a Mexican corporation that provides educational funding to socio-economic students. Bamboo Finance is a private equity fund with over $ 250 million of assets under management with a focus on low-income communities in emerging markets.
• Represented Ignia Fund in a growth investment in Transparencia Médica, a provider of medical services for employees of the financial services sector in Monterrey, Nuevo León without access to health insurance and in a growth investment in the Sumidero Project in Chiapas, México.

Banking and Finance

• Represented U.S. International Development Finance Corporation (DFC) in connection with a $45 million USD credit facility in favor of Mexarrend, S.A.P.I de C.V. (Tangelo), a technology company specializing in alternative financing.
• Advised Sportium in the reorganization of a credit facility with an international bank as part of the negotiations with Northgate Capital for a growth investment.
• Represented Sucro Can Sourcing as borrower in a USD 275 million revolving borrowing base facility from lenders led by Coöperatieve Rabobank, U.A., New York Branch.
• Advised Doopla, a renown direct marketplace lending platform, structuring and designing its loan agreements for each of the multiple products offered to their clients through their platform, including their registration under the regulator specific registries.
• Represented U.S. International Development Finance Corporation (DFC) and Calvert Impact Inc. in the negotiations and structuring of a secured line of credit in favor of Imperative Advisors to finance Echale's construction of 5,000 homes for the benefit of unbanked families in Mexico, many of them led by women. This financing is part of DFC's 2X Women's Initiative, through which the agency sponsors projects that are women-owned, women-led or provide products and services that empower women. Echale is a company focused on social development that offers housing solutions to low-income families and contributes to the integral development of communities.
• Represented U.S. Development Finance Corporation (previously the Overseas Private Investment Corporation) in the structuring of $100 million dollars in secured credit facilities during the last 10 years, including in favor of Bien Para Bien, Financial Liquid Vehicles (Velifin) (Bien para Bien and Velfin focus on financing SMEs); CSI Leasing México (focused on financial leasing), Xtreme Cinemas (a chain of cinemas for medium-sized cities) and Bravo Energy (focused on recycling industrial oils). The underlying assets include SME loans, equipment leases and accounts receivable.
• Represented California Bank & Trust in structuring a revolving credit facility to CDC, S.A. de C.V., a Mexican subsidiary of Caribbean Distillers Corporation Limited, secured with movable assets, real estate and trademarks related to Tequila Patrón.
• Represented Black Canyon Capital in the negotiation and structuring of a secured credit facility for $20 million dollars in favor of Inmobiliaria Playa Ensueño, for the financing a tourism development in Puerto Peñasco, Sonora. Black Canyon Capital is a private equity fund focused on the acquisition of controlling and non-controlling equity interests and debt instruments.
• Represented a Mexican public company in the acquisition of loan portfolios, present and future, with an approximate value of $650 million pesos.
• Represented a Creditor in the acquisition of 49% of the operations of a multi-purpose financial company, documenting a credit line of $200 million pesos for future loans and an option to acquire 100% of the Debtor.
• Represented a Creditor to structure the guarantee under a credit line of $50 million dollar in favor of a Debtor, a Mexican non-bank financial institution that provides consumer financing through the payroll for unionized public servants.

Startups

• Currently represents Doopla, a peer-to-peer lending platform, to obtain its authorization to operate as a financial technology institution.
• Currently advises LenMi a lending platform with payroll discount focused on company employees.
• Represented Briq Fund in the development of a peer-to-peer crowdfunding platform for real estate developments. io.

Corporate

• Advised Syniti’s Mexican subsidiary “DMR LATAM” on general legal advice on all its corporate matters. Syniti is a leading data management services company, with client portfolio including Fortune 500 companies worldwide.
• Advised Fibra Plus and Fibra HD, a Mexican Real Estate Investment Trust (REIT), with all legal, and corporate aspects of Fibra´s day-to-day transactions, trading and offerings of its securities listed in the Mexican Stock Exchange, as well as the preparation of all applicable and required notices before the Mexican regulators.
• Advised Moody’s Investors Service in all in-house corporate and regulatory, including contractual negotiations for local national ratings with private and sub-sovereign issuers.
• Advised Dunross & Co on several stock market issues.
• Provided corporate and contractual advice to several clients, including Club C +, Avid Technologies and Success Factors México.

Education

Senior Private Equity Management Program, Instituto Panamericano de Alta Dirección de Empresas, Mexico, 2012

LLM, Pritzker School of Law, Northwestern University, United States of America, 2004

Business Certificate, Kellogg School of Management, Northwestern University, United States of America, 2004

Law degree, Universidad Panamericana, Mexico, 2001

Publications

• Collaborator; Estudio sobre la industria de capital emprendedor en México, AMEXCAP, INADEM, Centro de Investigación en Iniciativa Empresarial del IPADE y Ernst & Young, Mexico, 2015.
• Collaborator; Capital Privado y Emprendedor, un Modelo para Emprendedores, Inversionistas y Administradores de Fondos, Asociación Mexicana de Capital Privado, A.C. (AMEXCAP), Mexico City, 2015.
• Collaborator; Joint-Ventures in Mexico (Joint-Ventures, A Global Guide from Practical Law); Gianmatteo Nunziante of Nunziante Magrone; London, 2015.
• Coauthor; Reformas Regulatorias Para promover la Inversión en Capital Privado, “Mexico’s Top Law Firms” Suplemento Especial, Periódico Reforma, Mexico City, April 27th, 2015.
• Coauthor; Private Equity Opportunities in the Mexican Energy Sector; Transaction Advisors, December 26th, 2014.
• Coauthor; Administradores de Fondos (Capital Emprendedor, una Guía para Emprendedores, Inversionistas y Administradores de Fondos), Asociación Mexicana de Capital Privado, A.C.,(AMEXCAP), Mexico City, 2011.