
Buenos Aires, Argentina
(November 30, 2007) - The Southern Cross Group recently
announced the final closing of Southern Cross Latin America Private
Equity Fund III, L.P. The fund closed on $751 million, above an
original target of $500 million due to strong support from existing
investors and significant demand from new investors.
Limited Partnership commitments were secured from a diversified
group of institutional investors from Latin America, North America,
Europe, Asia, and the Middle East. Among these institutions are
leading endowments, foundations, public and private pension funds,
global financial institutions, insurance companies, and
fund-of-funds.
Stanwich Advisors, LLC acted as financial advisor and placement
agent for the offering.
About Southern Cross
Founded in 1998, Southern Cross is a leading Latin American
private equity firm with offices in Buenos Aires, Santiago, Mexico
City and Greenwich. Southern Cross targets control acquisitions of
high quality companies with solid underlying assets and significant
potential for improved performance and growth. Southern Cross
leverages its team's significant operating, consulting, turnaround
and private equity investing experience to dramatically improve
their portfolio companies' strategic direction and operating
performance.
For more information on Southern Cross, please visit www.southerncrossgroup.com
About Stanwich Advisors
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.
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 $14 billion for more than 35
private equity funds across a wide range of investment
strategies.
For more information on Stanwich Advisors, please visit www.stanwichadvisors.com.