Spain’s Nazca Capital Launches €400 Million Defense Fund
- Nazca expects fund to make first investment before the summer
- Firm has a pipeline of more than 30 investment opportunities
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Spanish private equity firm Nazca Capital is working on its first fund to invest in defense companies.
The fund will have a size of €400 million ($417 million), which could potentially increase to €500 million, Nazca Chairman Carlos Carbo said at a press conference in Madrid on Monday. Nazca said in a press release it expects to make the fund’s first investment before the summer.