Mitchell Darrin Fenster

Mitchell Fenster joined 57 Stars in 2010 and serves as Chief Financial Officer. The firm says he is responsible for the financial and operational aspects of 57 Stars, including treasury management for its funds and quarterly investor reporting. He also serves as Associate Compliance Officer.

Before 57 Stars, Fenster was Vice President of Finance and Operations for The Global Fund for Children, an international nonprofit focused on vulnerable children in emerging markets. In that role, he was responsible for accounting, finance, human resources, and internal operations.

Earlier in his career, Fenster was Chief Financial Officer of Phyto-Riker Pharmaceuticals, a Ghana-based manufacturer and distributor of essential medicines. He also worked as an investment officer for Modern Africa Fund Managers, a private equity firm focused on sub-Saharan Africa, and held roles with OPIC, the Inter-American Development Bank, and KPMG Barents Group in Mongolia.

Fenster holds a BSBA in Accounting and Finance from Washington University in St. Louis and an MBA from Georgetown University. 57 Stars notes that he has worked internationally, including in Ghana, Mongolia, and Russia.

• 57 Stars states that it invests through “private equity and venture capital fund partnerships, co-investments and secondary acquisitions” in high-growth sectors driven by secular tailwinds, disruptive forces, and technology adoption.
• The firm uses a thematic approach, identifying macro-level trends and sourcing investments expected to benefit from those trends in key economic sectors.
• Its strategy includes growth capital, venture capital, co-investments, secondaries, and special purpose vehicles.
• Current focus sectors include health & care-related technologies, consumer and enterprise tech-enablement, fintech and financial services, and environmental sustainability.
• For impact investing, 57 Stars seeks co-investments with GPs in high-growth businesses where financial drivers and impact drivers are positively correlated, especially healthcare, financial inclusion, and environmental sustainability in emerging markets.
• Fenster is not presented publicly as a front-line deal lead; his role is finance, operations, treasury, investor reporting, and compliance.