Nexa Equity, a San Francisco-based private equity firm focused on investing in lower-middle-market application software and financial technology businesses, has closed its inaugural fund, Nexa Equity Fund I LP, with over $180 million in capital commitments.

Nexa Equity has raised an additional $150 million through deal-specific co-investment vehicles, bringing the firm’s total private equity capital under management to over $330 million. Nexa Equity was founded in 2021 by Vlad Besprozvany, a software and fintech investor who previously led a number of buyout investments and exits at Insight Partners and Thoma Bravo.

Kirkland & Ellis LLP served as legal counsel to Nexa Equity, and FirstPoint Equity served as placement agent.