# Nexa Equity LLC

> Nexa Equity LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 317201
- Filed as: NEXA EQUITY LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/317201
- AdvisorCensus page: https://advisorcensus.com/firm/nexa-equity-llc-san-francisco-ca-317201

## Quick answers

**How is Nexa Equity LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Nexa Equity LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.

**What does Nexa Equity LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Nexa Equity LLC located?**
Nexa Equity LLC's principal office is in San Francisco, CA, according to its Form ADV.

**Is Nexa Equity LLC registered with the SEC or a state?**
Nexa Equity LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 317201.

**How much does Nexa Equity LLC manage?**
Nexa Equity LLC reports $1,098,982,597 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Nexa Equity LLC's assets and staff changed since 2022?**
In the Form ADV data for Nexa Equity LLC: Regulatory assets under management: $286,574,443 in the October 2022 data and $1,098,982,597 in the October 2026 data, up 283%. Total employees: 6 in October 2022 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Nexa Equity LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10).

**Does Nexa Equity LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/317201

**Does Nexa Equity LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum commitment to the Fund by any investor will be $5 million, although the General Partners reserve the right to accept commitments of lesser amounts in its sole and absolute discretion."

**What changed in Nexa Equity LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 9 to 10. Regulatory assets under management went from $773,181,469 to $1,098,982,597 (+42%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: 2% of assets a year

> the Funds, with the exception of Co-Investment Vehicles, will pay Nexa Equity (or an affiliate thereof) an annual management fee (the “Management Fee”), payable quarterly in advance, equal to 2% of aggregate commitments

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> The minimum commitment to the Fund by any investor will be $5 million, although the General Partners reserve the right to accept commitments of lesser amounts in its sole and absolute discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,098,982,597
- Discretionary: $1,098,982,597
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $1,098,982,597 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 14 total, 10 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- nexaequity.com
- LinkedIn @nexa-equity
- X @nexaequity

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $286,574,443 | 6 | June 30, 2022 |
| October 2023 | $508,371,772 | 8 | May 12, 2023 |
| October 2024 | $574,971,028 | 10 | August 15, 2024 |
| October 2025 | $773,181,469 | 9 | April 29, 2025 |
| October 2026 | $1,098,982,597 | 14 | March 31, 2026 |

Regulatory assets under management: $286,574,443 in the October 2022 data and $1,098,982,597 in the October 2026 data, up 283%.
Total employees: 6 in October 2022 and 14 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 9 to 10.
- Regulatory assets under management went from $773,181,469 to $1,098,982,597 (+42%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Nexa Equity LLC (CRD 317201): Form ADV filing data as of October 2026.