57 Stars

What 57 Stars does

57 Stars LLC is an independent global alternative asset manager founded in 2005 and headquartered in Arlington, Virginia, that invests across private equity and venture capital on behalf of institutional investors. The firm focuses on sectors characterized by long-term dynamic growth driven by technological innovation and rapid user adoption, including Healthcare, Tech-Enablement Consumer and Enterprise, Fintech & Financial Services, and Environmental Sustainability. Its core product platform comprises three integrated strategies: primary private equity fund investments, secondary transactions in existing fund commitments, and direct co-investments alongside leading general partners, complemented by customized separate-account programs and specialized thematic and impact strategies aligned with the UN Sustainable Development Goals. The firm reports USD 4+ billion in Regulatory Assets Under Management as of January 2025, with USD 5 billion in cumulative capital raised as of December 31, 2023, and has executed 150+ fund investments spanning 2,000+ underlying portfolio companies.

The firm operates from six offices across four continents (Arlington, San Diego, Singapore, Tokyo, Beijing, Munich), supported by regional subsidiaries and a consulting entity that provide on-the-ground deal sourcing and portfolio monitoring in target emerging markets. Its go-to-market is direct institutional sales targeting pensions, insurance companies, endowments, foundations, sovereign wealth funds, and family offices, with engagement through industry associations (GIIN, IFRS Sustainability Alliance, ILPA) and alignment with frameworks such as UN PRI and IFC Performance Standards. Revenue is generated through fund management fees on committed and invested capital, supplemented by performance-based carried interest, with pricing negotiated individually with institutional clients and not publicly disclosed. The senior investment team has worked together for nearly 20 years and carries 350+ combined years of private equity experience, with deep prior tenure at OPIC, Allianz Private Equity Partners, UBS Warburg, Ropes & Gray, and Cambridge Associates.

Name

57 Stars

Legal name

57 Stars LLC

Website

https://www.57stars.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

57 Stars is an independent global alternative asset manager founded in 2005 that invests in emerging-market private equity and venture capital on behalf of 100+ institutional investors, including pensions, insurers, endowments, and family offices.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Thematic / Sector-Focused Multi-Manager Platforms (FSANAGAH)

akta.pro secondary industries

Venture Capital Fund-of-Funds / Multi-Manager Platforms (FSANAAAJ), Regional / Country-Focused Multi-Manager Platforms (FSANAGAI), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Alternative asset management
• Private equity funds
• Venture capital investing
• Emerging market investments
• Co-investment strategies

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fund Management Fees and Carried Interest: 57 Stars generates revenue through management fees and performance-based carried interest from managing private equity and venture capital fund-of-funds, co-investments, and secondary transactions for institutional investors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

57 Stars is an independent global alternative asset manager that invests in private equity and venture capital funds, co-investments, and secondary transactions on behalf of institutional investors. The firm delivers its offering through primary fund commitments, secondary interests, direct co-investments alongside leading GPs, customized investment programs, a thematic investing strategy, and an Impact Investing strategy, with USD 4+ billion in Regulatory Assets Under Management as of January 1, 2025. Its investor base of 100+ institutional clients is served via a global team and on-the-ground presence in six cities across four continents.

Product overview

57 Stars is an independent global alternative asset manager offering a unified platform of private equity investment products. The core offering consists of three integrated strategies: primary private equity fund investments, secondary transactions, and co-investments. These are complemented by customized investment programs (tailored fund structures) and two specialized strategies—Impact Investing (focused on healthcare, financial inclusion, environmental sustainability aligned with SDGs) and Thematic Investing (sector-focused: Healthcare, Tech-Enablement Consumer/Enterprise, Fintech & Financial Services, Environmental Sustainability). The platform enables institutional investors to access global private equity through diversified structures with ESG integration and impact alignment across emerging markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Equity Fund Investments
• Secondary Transactions
• Co-investments
• Customized Investment Programs
• Impact Investing Strategy
• Thematic Investing

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• Global Impact Investing Network (GIIN)coreOthers57 Stars is a member of the GIIN, the leading global community of impact investors. The firm relies on GIIN's IRIS+ and Impact Management Project standards for developing its impact approach and reporting framework.
• IFRS Sustainability AlliancecoreOthers57 Stars is a member of the IFRS Sustainability Alliance, which combines SASB Standards and Integrated Reporting Business Network to develop best practices for sustainability standards and integrated reporting.
• United Nations Principles for Responsible Investing (PRI)coreOthers57 Stars considers the UN PRI among the range of codes and standards referenced in developing its ESG policy and Environmental & Social Management System (ESMS).
• International Finance Corporation (IFC) Performance StandardscoreOthers57 Stars referenced IFC Performance Standards in developing its ESG policy and ESMS framework for responsible investment.
• Institutional Limited Partners Association (ILPA)coreOthers57 Stars referenced ILPA guidelines in developing its ESG policy and investment framework.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mercer Investments (Mercer Private Markets): Mercer's private markets practice provides fund-of-funds and multi-manager solutions to institutional investors including pensions and endowments — comparable to 57 Stars in institutional focus and multi-manager delivery model.
• LGT Capital Partners: LGT Capital Partners is a global alternative investment manager specializing in private equity fund-of-funds, primaries, secondaries, and co-investments — directly comparable to 57 Stars in multi-manager structure and institutional LP focus.
• HarbourVest Partners: HarbourVest Partners is one of the largest global PE/VC multi-manager platforms offering primaries, secondaries, and co-investments — directly comparable to 57 Stars in fund-of-funds structure and institutional LP distribution.
• StepStone Group: StepStone Group is a global private markets investment firm focused on fund investments, secondaries, co-investments, and tailored solutions — a direct competitor to 57 Stars in the institutional multi-manager category.
• Adams Street Partners: Adams Street Partners is a private market investment manager offering primaries, secondaries, co-investments, and customized solutions globally — closely comparable to 57 Stars across product mix and institutional client base.
• Axiom Asia Private Capital: Axiom Asia is an Asia-focused private equity fund-of-funds and co-investment manager — directly comparable to 57 Stars' emerging-markets and Asia-Pacific orientation, with overlapping institutional LP base.
• Schroders Capital (Adveq): Schroders Capital (including the legacy Adveq franchise) operates a global PE/VC fund-of-funds and co-investment platform — directly comparable to 57 Stars in multi-manager structure and global EM capability.
• Mesirow Financial Investment Management: Mesirow's Investment Management group offers private equity fund-of-funds, co-investments, and customized mandates for institutional investors — comparable in product set and mid-sized institutional orientation to 57 Stars.
• Pantheon Ventures: Pantheon is a global private market multi-manager platform offering primaries, secondaries, and co-investments across funds and direct deals — closely comparable to 57 Stars in product breadth and institutional LP focus.

Broad incumbents

• BlackRock Private Markets: BlackRock Private Markets offers private equity fund-of-funds, secondaries, and co-investments as part of a much broader alternatives platform — a broad incumbent whose product set overlaps 57 Stars' multi-manager offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/57-stars-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments20 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 57 Stars