American Partners Capital Group is launching two private equity funds...

American Partners Capital Group is launching two private equity funds for institutional investors, said CEO Dale Hanson. One is a $400 million Latin American fund in partnership with Grupo Financiero Bancomen, one of Mexico's largest banks, which has committed $40 million to the fund. It will invest in private companies in need of funds for expansion, primarily in Mexico, Brazil and Chile, with the long-term goal of taking the companies public. The other is a $200 million Chinese fund with Chinese and American partners, which has a commitment of $40 million from a Chinese group.