Nexus Group has closed its NG Capital Partners I fund at $320 million, AltAssets reports. The Peruvian private equity group’s fund exceeded the firm’s $250 million initial fundraising target.

Around 35% of capital was committed from local and regional investors, while 20% from Europe, 30% from North America and 15% from Asia/Middle East. The fund owns controlling or co-controlling stakes in Colegios Peruanos, Tiendas Peruanas, Financiera Uno, Inkafarma and Bembos.

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