(Press Release) Axxon Group recently announced the final closing of Axxon Brazil Private Equity Fund III. The fund closed with limited partner commitments of US$400m, which exceeded an original target of US$350m. The Fund was oversubscribed relative to its hard cap of US$400m due to significant demand from existing and new investors.

Limited partner commitments were secured from a diversified group of institutional investors from North America, Europe, and Latin America. Among these institutions are leading endowments, foundations, public and private pension funds, financial institutions, advisors, family offices, and funds-of-funds.

Stanwich Advisors, LLC acted as the exclusive financial advisor and placement agent for the offering. The fund represents the sixth private equity fundraising mandate that Stanwich Advisors has successfully advised in the region. In aggregate, Stanwich Advisors has raised nearly $4 billion for private equity managers focused on Latin America since inception.