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.