NexPhase Capital, LP (NexPhase), a thematically driven and operationally focused private equity firm, has closed its NexPhase Capital Fund with over $795m of capital commitments, exceeding the fund’s target of $750m and representing a more than 45% increase in size from its predecessor fund.
Fund V was oversubscribed and saw backing from both existing and a diverse base of new investors.
Consistent with its previous funds, NPC V will target control positions in lower middle-market, growth-oriented companies in North America across the healthcare, software and consumer industry verticals.
Atlantic-Pacific Capital Inc. acted as the lead global strategic fundraising adviser for NexPhase. Kirkland & Ellis LLP acted as the global legal, tax and regulatory counsel.
