Private equity specialized Media Unquote announces the first closing of Nexxus Iberia Frivate Equity Fund I on €170m. The vehicle was launched in 2017 and held a first close on €130m in January 2018.
The vehicle was launched in 2017 with an initial €200m target and held a rst close on €130m in January 2018.
Nexxus Iberia is part of Nexxus Capital, which has been active in the Mexican private equity market since 1995 and is raising its seventh Mexico-focused buyout fund with a target of $550m.
The GP opened its Spanish ofce in December 2016 with an Iberian team to invest in the Spanish and Portuguese markets, and draw on the support and experience of its Mexican operation.