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Sunday, April 21, 2024

KWM advises Nexxus Iberia on the launch of €200m fund

King & Wood Mallesons has advised Nexxus Iberia on the launch of its new investment vehicle, the Nexxus II Fund, with which the private equity manager aims to raise up to 220 million

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Following the success of its first vehicle, the Nexxus II strategy will focus on investing in small and medium-sized companies located in Spain and Portugal. Among its investors, many of them Spanish and Latin American, the fund manager also has the participation of Axis Participaciones Empresariales, the venture capital company of the ICO Group.

The KWM team of lawyers involved in this project was led by partner and head of the fund department Isabel Rodríguez, who was assisted by counsel María de Orueta and associate Gonzalo Lozano.

KWM Spain also advised Nexxus Iberia on the structuring of its first fund, Nexxus I, which closed in 2020 with investment commitments of €170 million.

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