Nexxus Iberia has held the first closing of its second fund, Nexxus II, with total commitments of €230m. The new fund will follow the same strategy as the firms’ predecessor fund by making growth investment in Iberian SMEs with international potential, and a strong commitment to sustainability policies.
Over the past five years, Nexxus Iberia has completed twelve investments and five divestments across various industries, partnering with top-level founders and management teams.
With Nexxus II, the firm says it is aiming to complete eight to ten platform investments in companies aligned with its investment strategy and sector focus on healthcare, business services, technology, and climate action.
Nexxus Iberia now manages funds totalling circa €455m, after the first closing of Nexxus II and the launch of the OFG Continuation Fund.