Rio de Janeiro, Brazil (July 7, 2011) - Axxon Group recently announced the final closing of Axxon Brazil Private Equity Fund II. The fund closed with limited partner commitments of $315 million, which exceeded an original target of $250 million.
Limited Partner commitments were secured from a diversified group of institutional investors from North America, Europe, Asia, Australia and Latin America. Among these institutions are leading endowments, foundations, public and private pension funds, financial institutions, advisors, family offices, sovereign wealth funds, and funds-of-funds.
Stanwich Advisors, LLC acted as the exclusive financial advisor and placement agent for the offering.
Founded in 2001, the Axxon Group is a leading value-oriented private equity firm that focuses on the small and mid cap market in Brazil. Within the small and mid cap market, Axxon targets control and significant minority investments in high-quality businesses that have significant untapped potential for revenue and EBITDA growth. Axxon leverages its team's deep understanding of the unique challenges and opportunities facing small and mid cap companies in Brazil to help its portfolio companies reach their full potential and to generate superior returns for its investors.
For more information on Axxon Group, please visit http://www.axxongroup.com.br/.
Founded in 2003, Stanwich Advisors, LLC is a boutique investment bank focused exclusively on providing advisory and fundraising services to private equity and venture capital partnerships globally. Stanwich Advisors utilizes its seasoned investment banking and private placement team to provide senior hands-on execution for a select number of clients each year. Since 1996, the Stanwich Advisors Principals have raised over $17 billion for more than 40 private equity funds across a wide range of investment strategies.
For more information on Stanwich Advisors, please visit http://www.stanwichadvisors.com/.