Nexus Special Situations III’s $1.25 Billion Fundraising

Kirkland advised Nexus Capital Management the deal.

Nexus Capital Management LP, a leading middle market investment firm, closed its third private equity fund, Nexus Special Situations III, L.P. at $1.25 billion of third party committed capital. Fund III investors include public pension funds, sovereign wealth funds, foundations, insurance companies, corporate pension plans, asset managers and family offices globally.

Based in Los Angeles, California, Nexus was founded in 2013 with a flexible mandate to invest across the capital structure. The Firm employs an all-weather private equity strategy focused on asymmetric risk return investments where Nexus can drive value, primarily in U.S.-based companies operating in a focused set of industries.

The Kirkland team was led by investment funds partner Warren Goodworth (Picture) and associates Nick Carreri, Alisha Patterson, Joshua Morgan and John Jameson. Investment funds associates Brigid Reardon, Syed Madani, Hank Goldberg, Rebecca Hart and Wes Gangi also provided support.

Involved fees earner: Nick Carreri – Kirkland & Ellis; Wes Gangi – Kirkland & Ellis; Hank Goldberg – Kirkland & Ellis; Warren Goodworth – Kirkland & Ellis; Rebecca Hart – Kirkland & Ellis; John Jameson – Kirkland & Ellis; Syed Madani – Kirkland & Ellis; Joshua Morgan – Kirkland & Ellis; Alisha Patterson – Kirkland & Ellis; Brigid Reardon – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Nexus Capital Management LP;

Author: Ambrogio Visconti