Nexxus Fund Closes at $550m

Nexxus Fund Closes at $550m

Mexico Funds Equity

Mexican private equity firm Nexxus Capital has raised $550m for its sixth fund, it says, above the $400m it targeted. Pension funds, sovereign wealth funds, endowments and other institutional investors participated. Nexxus VI includes MXP4.081bn ($312m) raised through a Certificado de Capital de Desarrollo (CCD) transaction closed in June. The economic terms of the limited partnership, which forms the other vehicle in the fund, are similar, targeting a preferred return of 10%. The CCD is denomin

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