Mexico Private Equity Fund Management

Manager of the Fund

The manager of Mexico Private Equity Fund is Maguey Management Ltd. William G. Borlaug and Robert S. Kretschmar are the senior officers of Maguey responsible for evaluating investment opportunities and making investment decisions on behalf of the Fund. They rely on Maguey's staff members for assistance on due diligence, and consult regularly with members of the Fund's Board of Directors and Advisory Board:

Board of Directors

John D. Reilly, Chairman
President, Reilly Investment Corp., Washington, D.C.

William G. Borlaug
Director, Maguey Management Limited

James M. Hawes
Partner, InterAsia Management Company, Hong Kong and Austin, Texas

Robert S. Kretschmar
Director, Maguey Management Limited

Luis Niño de Rivera
Director, Dresdner Bank Mexico, Mexico City

Francisco Obregón O.
Obregon & Associates, Tucson, AZ and Ciudad Obregón, Sonora, Mexico

Advisory Board

Lic. Eduardo Mapes S.
Nacional Financiera, Mexico City

Louis W. Moelchert, Jr.
University of Richmond, Virginia

Jorge Ciurlizza
Investment Officer, InterAmerican Investment Corporation, Washington, D.C.

Staff

Donna Lambert

Yvonne Nesbitt