VM Wealth, BCW Collaborate To Raise US$7.5m To Help Hispanics

AP Capital Partners, a United States-based private equity firm, has named Victoria Mutual Wealth Management Limited as arranger for a deal to raise US$7.5 million from Jamaican investors.

The funds will be used to invest in the expansion of New Futuro, a private business headquartered in Chicago, which operates a social networking website targeting young people in the Hispanic community in the United States.

BCW Capital is collaborating with VM Wealth to raise the funds