NexPhase Capital, LP – a thematically driven and operationally focused private equity firm – recently announced it has successfully closed NexPhase Capital Fund V (NPC V) with over $795 million of capital commitments, exceeding the fund’s target of $750 million and representing a more than 45% increase in size from its predecessor fund NexPhase Capital Fund IV. NPC V was oversubscribed with robust backing from existing investors and major support from a diverse base of new investors.
Consistent with its previous funds, NPC V will target control positions in lower middle-market, growth-oriented companies in North America across the healthcare, software, and consumer industry verticals. And NexPhase proactively screens these verticals to identify attractive growth themes and sub-sectors to source investments. The target companies are typically entrepreneur-owned, capital-efficient, and cash-flow-positive businesses. NexPhase employs its substantial operating experience and resources to implement its value-creation methodology systematically.
NexPhase’s team of 21 investment professionals, including 8 Partners, is supplemented by an impressive team of 15 senior-level operating executives with a range of C-suite operating and functional expertise.
KEY QUOTES:
“We are proud to announce the successful close of NexPhase Capital Fund V. In a challenging fundraising environment, we are deeply grateful for the enthusiastic support from both our existing investors and the new investors who have come onboard. Exceeding our target for NPC V speaks volumes about the trust and confidence placed in NexPhase, and we remain committed to continuing to deliver exceptional results for our valued investors.”
— Ariana Scotti, Vice President and Head of Investor Relations at NexPhase
“The overwhelming support from our investors demonstrates the strength of our platform and talented team. Our thematic approach to sourcing compelling investment opportunities, paired with the methodical application of our value creation strategy, has delivered attractive returns for our investors. With NPC V, we look forward to continuing to partner with exceptional entrepreneurs and management teams to build institutional-quality companies within the most attractive segments of our industry verticals.”
— Ted Yun, Managing Partner at NexPhase
