Nextalia raises €1.1bn for second flagship fund in five months, pushing Italian platform past €3.4bn

Nextalia held a first close of more than €1.1bn on Nextalia Private Equity II (NPE II), pulling in commitments from over 200 investors in the five months since it opened fundraising in February.

The result, announced on 4 August, takes the Milan-headquartered platform past €3.4bn in assets under management and confirms it as one of the largest managers of Italian mid-market private capital.

Closing north of €1.1bn in five months, in a European fundraising market that has generally punished all but the most established brands, gives Nextalia a ra…