NEXA EQUITY LLC other names

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Adviser Profile

As of Date:

08/15/2024

Adviser Type:

- Large advisory firm


Number of Employees:

10 25.00%

of those in investment advisory functions:

10 25.00%


Registration:

SEC, Approved, 7/29/2022

Other registrations (1)
Former registrations

NEXA EQUITY LLC

AUM:

574,971,028 13.10%

of that, discretionary:

574,971,028 13.10%

Private Fund GAV:

574,971,028 13.10%

Avg Account Size:

82,138,718 13.10%


SMA’s:

NO

Private Funds:

7

Contact Info

415 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
508M 436M 363M 290M 218M 145M 73M
2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Private Equity Fund 6 $470,389,255
Real Estate Fund 1 $104,581,773

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Private Funds



Employees




Brochure Summary

Overview

Nexa Equity LLC (the “Management Company,”) is a limited liability company formed under the laws of the state of Delaware. Nexa Equity (as defined below) commenced operations in February 2020. Nexa Equity is primarily owned and controlled by Vladimir (“Vlad”) Besprozvany. A third party has acquired a minority interest in the Management Company and the General Partner (defined below). Nexa Equity does not expect that the minority investor would be involved in the daily management of the Management Company or the General Partner, however, certain conflicts of interest related to this arrangement are further described in Item 10 below. Nexa Equity provides discretionary investment advice to a private equity fund and its parallel investment vehicles, Nexa Equity Fund I, LP (the “Main Fund”), Nexa Equity Fund I-A, LP (the “Blocker Fund”) and Nexa Equity Fund I-B, LP (“the “Non-QP Fund”), each a Delaware limited partnership (collectively referred to as the “Fund” or “Fund I”). For legal, tax, regulatory or other reasons, the Fund is authorized to form one or more alternative investment entities to make, restructure or otherwise hold investments, including outside of the Fund. Generally, in such event, each Limited Partner (defined below) that participates in such an alternative investment vehicle would do so on substantially the same terms and conditions as it participates in the Fund. Alternative investment vehicles will be included in all references to the Fund herein as appropriate. In order to facilitate investment by non-U.S. and certain other investors, the General Partner reserves the right to create one or more parallel investment entities for the Fund, the structure of which may differ from that of the Fund but that will invest proportionately in all transactions on substantially the same terms and conditions as the Fund, except as necessary to address tax, regulatory or other considerations. Parallel investment entities will be included in all references to the Fund herein as appropriate. The Fund invests in control-oriented private equity investments in lower-middle market vertical and horizontal software and fintech businesses with a typical equity investment of between $20 million and $30 million per platform (including follow-on investments). Nexa Equity Fund I GP, LP is an affiliated entity to Nexa Equity that serves as the General Partner to Fund I (the “General Partner”), and such affiliated entity is generally deemed registered under the Advisers Act pursuant to Nexa Equity’s registration in accordance with SEC guidance. This Brochure also describes the business practices of the General Partner, which together operate as a single advisory business together with Nexa Equity. The Fund will be managed by the General Partner, although for certain structures, a Nexa Equity affiliate may provide discretionary
or non-discretionary investment advice. For purposes of this Brochure, references to “the General Partner” or “each General Partner” will also apply to any future general partners or managing members of future Funds. For purposes of this Brochure, the Management Company, and any affiliated General Partners and any other advisory affiliates thereof are referred to, collectively, throughout this Brochure as “Nexa Equity,” the “Firm,” “us,” “we,” and “our,” unless the context otherwise requires. Investors in the Fund are referred to as “Limited Partners” throughout the Brochure. Both Limited Partners and the General Partner will be collectively referred to as “Partners” throughout this Brochure. The eligibility and suitability requirements for each Fund are described in the applicable private placement memorandum (“PPM”), limited partnership agreement (“Partnership Agreement”), and subscription agreements (“Subscription Agreements”) (collectively referred to as the “Fund Offering Documents”). For purposes of this Brochure, references to “the Fund” or “each Fund” will also apply to any future private investment fund to which the Firm and/or its affiliates provide investment advisory services. Nexa Equity’s advisory services to the Funds are detailed in the relevant Fund Offering Documents and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Investors in the Funds (generally referred to herein as “investors” or “Limited Partners”) participate in the overall investment program for the applicable Fund, but in certain circumstances are excused from a particular investment due to legal, regulatory or other agreed- upon circumstances pursuant to the Fund Offering Documents; for the avoidance of doubt, such arrangements generally do not and will not create an adviser-client relationship between Nexa Equity and any investor. The Funds or the General Partners have entered into side letters or other similar agreements (“Side Letters”) with certain investors that have the effect of establishing rights under, or altering or supplementing the terms (including economic or other terms) of, the Fund Offering Documents with respect to such investors. The Fund has established a board (“Advisory Board”) whose members are appointed by the General Partner from among the Limited Partners who are not otherwise affiliated with Nexa Equity. The Advisory Board shall perform duties expressly contemplated in the Partnership Agreement as required by the General Partner in connection with the Fund to review potential conflicts of interest and other Fund matters. Assets Under Management As of December 31, 2023, Nexa Equity had $574,971,028 in regulatory assets under management. All assets are managed on a discretionary basis.