Papua New Guinea Opportunities Fund. Compass partnered with Pertusio Capital Partners, a firm formed by Lars Mortensen, Nathan Chang and Dairi Vele (now Treasury Secretary of PNG) to raise $50.0 million private equity capital to invest in PNG. Lars, Nathan and Dairi were legacy Compass relationships that were formed over 5 years ago through our Advisory business. With a value investment mandate, Compass will provide the local Pertusio team with best practices, corporate governance, and investment oversight. Compass will retain 50% of the GP and of the Management Company.
The Fund is currently working with specific lead institutional investors. Please click here for more information.