Industry News
Nexxus Capital Announces Final Closing of Nexxus V
31 March 2011
(Nexxus Capital) March 2011 – Nexxus Capital announces the final closing of its fifth fund, Nexxus Capital Private Equity Fund V, L.P. (“Nexxus V”). It reached, along with Nexxus IV, US$ 315 million of investable capital.
Nexxus V will act as parallel fund to Nexxus IV, a Mexican CKD’s trust that had its final closing on October 2010, with total capital of Mxp$2,631 million (approximately US$220 million).
Nexxus IV and Nexxus V will make investments on a pro rata basis based on the total available capital of each fund. The Funds will apply the same investment strategy as the prior funds and will be managed by the same team. Nexxus Capital expects to deploy the capital during the next two to three years.
Nexxus Capital invests in middle market Mexican companies that target the rapidly growing middle income population of Mexico. Founded in 1995, it is the largest Mexican private equity manager.
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