57 Stars Global Opportunity Fund 4 (DFC-2017-57STARSGLOBAL)

Regions
  • World
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
57 Stars Global Opportunity Fund 4, L.P., to be domiciled in the Cayman Islands
The holder of the loan, grant, or other investment.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 29, 2020


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Project Description

According to DFC documents:

As a private equity fund of funds, the Fund’s investment strategy is to invest with top-tier private equity funds that pursue control, expansion, and growth capital investments with an emphasis on businesses that are cash flow positive. The Fund will seek to invest in 18 to 22 primary funds, and up to 20% of committed capital may be deployed in co-investments alongside portfolio funds in the Fund. 

The project was screened for a risk category of D.

Investment Description
  • US International Development Finance Corporation (DFC)

OPIC loan guaranty of up to $150 million in principal plus accrued and accreted interest.

Private Actors
Contact Information

Project contacts not available at the time of disclosure.