Skip to content

Industry News

Nexxus Capital reaches US$ 290M for PE with its first closing of Nexxus V

2 February 2011

(Nexxus Capital) February 2, 2011 – Nexxus Capital announces the first closing of its fifth fund, Nexxus Capital Private Equity Fund V, L.P. (“Nexxus V”). It reached, along with Nexxus IV, US$ 290 million of investable capital. Nexxus V had a first closing with US$70 million of commitments. The fund will continue its marketing and will have a final closing prior to March 4, 2011.

Nexxus V will act as parallel fund to Nexxus IV, a Mexico based 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.

Visit www.nexxuscapital.com for more information.