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.