Nexxus Iberia advised by KWM on new €130m private equity fund

King & Wood Mallesons (KWM) advised Nexxus Iberia on the closing of its new private equity fund, Nexxus Iberia Private Equity Fund I, with €130 million of capital commitments.

Nexxus Iberia Fund I is being formed to invest in eight to ten small to medium-sized companies in Spain. The fund will make individual investments of between €10 million and €25 million of equity through majority and minority financing deals.

The KWM team advising Nexxus Iberia was led by partner Isabel Rodríguez, and included senior associate Ildefonso Alier and associate Maria de Orueta.

Rodriguez said: “The closing of Nexxus Iberia’s fund is a clear example of the great prospects for the private equity sector in 2018. In general terms, 2017 was extremely positive and we predict that 2018 will maintain this trend.”