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57 Stars LLC Announces Investment in P2 Brasil Private Infrastructure Fund II

27 September 2011

(MarketWatch) September 27, 2011 –  57 Stars LLC announced today the first investment by 57 Stars Latin America Opportunity Fund, L.P. 57 Stars’ dedicated Latin American private equity fund-of-funds made a commitment to P2 Brasil Private Infrastructure Fund II (the “Fund”), an investment vehicle focused on operating businesses in the transportation, water, waste and related services, and oil and gas sectors. The General Partner of the Fund is owned by Patria Investimentos, a leading Brazilian alternative investment management firm, and Promon SA, a leading Brazilian engineering and professional services group.

Gene Pohren, Managing Director at 57 Stars, said: “We are delighted to commit to P2. Our longstanding relationship with Patria has been very rewarding and 57 Stars believes it can earn attractive risk-adjusted returns through P2’s strategy of applying Patria’s proven approach to building operating businesses in these sectors.”

57 Stars is an independent asset manager focused on investing in primary and secondary private equity partnerships and co-investments in select markets outside of the United States, primarily in emerging markets. 57 Stars has offices in Washington DC, Singapore, Munich, and San Diego, and intends to open an office in Brazil in 2011.