Lower middle market private equity firm to commence operations in 2016
NexPhase Capital (‘NexPhase’) today announced the launch of its operation as an independent private equity firm focused on the lower middle market. NexPhase will execute a strategy of sector-focused, control investments in growth-oriented companies.
NexPhase is comprised of the former Moelis Capital Partners (‘MCP’) team. While Moelis Asset Management LP (‘MAM’) will remain the parent company of MCP, the NexPhase team will continue to manage MCP’s legacy investments. NexPhase will maintain its strategic relationships with MAM and Moelis & Company.
The firm’s website can be found at www.NexPhase.com.
About NexPhase Capital:
NexPhase Capital, formed by the former principals of Moelis Capital Partners, is a New York based private equity firm that targets equity investments between $25 and $75 million in leading middle market, growth-oriented companies. NexPhase Capital specializes in the healthcare, industrial services, software and consumer sectors. Led by Co-Managing Partners Kurt Larsen and Ted Yun, the firm will continue to manage approximately $872 million of MCP’s legacy private equity capital. For more information, please visit www.NexPhase.com.
About Moelis Asset Management:
Moelis Asset Management LP (‘MAM’) is the parent company of alternative asset management firms. MAM was established in 2007 with Moelis Capital Partners, a private equity firm focused on buyout and growth equity investments in middle market companies. The Firm has since added Gracie Asset Management, a multi-strategy credit manager, Freeport Financial Partners LLC, a direct lending platform, College Ave Student Loans, a provider of private student loan products, and Steele Creek Investment Management, LLC, a manager of collateralized loan obligations and other broadly syndicated loan products. MAM also has a joint venture with Natixis Global Asset Management, Chamonix Partners Capital Management LLC, a structured products investment manager. The asset management firms of MAM currently manage approximately $2.7 billion in assets. Further information can be found at www.moelisassetmanagement.com.
NexPhase Media Contact:
Lex Leeming
NexPhase Capital
T: 212 878-6005
lleeming@NexPhase.com
Moelis Asset Management Media Contact:
Andrea Hurst
Moelis Asset Management
T: 212 883-3666
M: 347 583-9705
andrea.hurst@moelisam.com