– Nexa Equity, a San Francisco-based private equity firm, announced the close of Nexa Equity Fund II with over $390 million in commitments.
– Fund II was oversubscribed and reached its hard cap in six months.
– Nexa’s total assets under management now exceed $1 billion.
– Strong participation came from both new and existing institutional partners.
– Limited partners include pension funds, university endowments, insurance companies, fund-of-funds, family offices, foundations, and investment consultants.
– The firm’s investment strategy focuses on high-growth vertical SaaS companies with potential to become market leaders.
– Fund II will target SaaS businesses solving real-world problems with strong scaling potential.
– Nexa’s team of 18 experienced investors and operators works hands-on with founders to accelerate growth through operations, go-to-market strategy, and M&A.
– Founder and Managing Partner Vlad Besprozvany emphasized Nexa’s dedication to building enduring, industry-shaping companies.
– Portfolio company founders highlighted Nexa’s unique approach and deep engagement:
* Dean Dorcas (Easy Metrics): Praised Nexa’s commitment to understanding his industry.
* Patrick Fingles (Leap): Credited Nexa with helping shape his leadership team early on.
– Since its founding in 2021, Nexa has built a culture centered on partnership, accountability, scrappiness, and transparency.
– The firm’s team includes 10 investment professionals and 6 operating partners.
