The Paris Private Investment Funds team advised Naxicap Partners, a leading French private equity firm, on the fundraising of its third-generation mid-cap investment fund, Naxicap Investment Opportunities III (“NIO III”).
The NIO III platform comprises €2.5 billion of commitments. This includes €808 million of commitments for the NIO III Flagship Fund, alongside continuation vehicles and other bespoke structures, all of which are designed to provide the firm with the flexible long-term capital necessary to support the ambitious growth of its portfolio companies. These additional commitments demonstrate Naxicap Partners' capabilities in meeting investors’ expectations through proven, tailored investment solutions.
The fundraising benefited from strong support from long-standing existing investors, including insurance companies, pension funds, funds of funds, and family offices. In addition to securing commitments from France, continental Europe, and the UK, the firm received strong backing from a major Asian insurance company, which significantly reinforces and further internationalizes its investor base.
Reflecting the firm’s investment capabilities, the NIO III platform has already deployed over €1.5 billion across 20 high-quality assets and is currently 62% invested. Naxicap’s ability to create value is illustrated by a diversified portfolio across key sectors, including B2B services, technology, financial services, and healthcare.
The Goodwin team advising Naxicap Partners was led by Sarah Michel, Maxime Hemled, and Anabelle Cornillon on fund formation matters, and Marie-Laure Bruneel and Paul Fournière on tax matters.