Nexes Capital Partners is a global energy investment platform — acquiring, developing, and optimising strategic assets across the energy value chain at precisely the moment when demand fundamentals remain robust and institutional capital has withdrawn.
We acquire, optimise and realise value from producing upstream oil and gas assets, energy infrastructure, and tactical positions in upstream services — combining operational rigour with financial discipline to generate superior risk-adjusted returns.
Our partners have operated at the most senior levels of ENI, Drillmec, Rosneft, BP, JPMorgan, BNP Paribas, and Citigroup. This depth of experience is not incidental to the Nexes strategy — it is the strategy.
Acquire, optimise and realise value from producing upstream oil and gas assets, energy infrastructure, and tactical positions in upstream services — combining operational rigour with financial discipline.
Hands-on experience in upstream operations, energy trading, logistics and services across five continents. Financial structuring capability across commodity finance, capital markets and M&A execution.
Access to off-market opportunities through decades of senior industry relationships with NOCs, IOCs and service majors — unavailable through conventional investment channels.
The global energy system is undergoing a fundamental structural transition — one that has created a rare convergence of strong demand fundamentals and acute capital scarcity, generating an exceptional window for disciplined, operationally capable investors.
Global energy demand continues to expand, driven by population growth, industrialisation across the developing world, and the energy-intensive requirements of digital infrastructure and AI data centres. The IEA projects oil demand above 100M bpd through end of this decade.
Global upstream oil and gas capital expenditure has declined sharply from its 2014 peak and has not recovered. The resulting supply gap is widening, creating upward pressure on commodity prices and enhancing the economics of existing producing assets.
ESG mandates, regulatory pressure and reputational concerns have driven large pools of institutional capital away from traditional energy — depressing valuations, increasing deal availability and reducing competition for high-quality assets.
IOCs and NOCs are divesting non-core producing assets at scale to fund balance sheet repair, energy transition commitments and portfolio rationalisation. Many assets carry proven reserves, established production profiles and significant operational upside.
Nexes deploys capital across three carefully defined investment pillars, each targeting a distinct segment of the energy value chain. The pillars are complementary by design — each reinforcing the others through shared operational knowledge, deal flow and industrial relationships.
Acquisition of producing oil and gas fields with strong, predictable cash flow and meaningful operational upside. Nexes targets fields with proven reserves, established production infrastructure and opportunities to enhance recovery rates, reduce operating costs and extend productive life through disciplined reservoir management and targeted capital investment.
Strategic investment in midstream and downstream infrastructure assets that underpin the energy supply chain — including storage terminals, logistics hubs, processing facilities and transportation networks. These assets typically offer long-duration contracted revenues, high barriers to entry and strong inflation linkage.
Selective investments in upstream services companies, drilling and completion specialists, and other technically differentiated businesses that support asset development and operational optimisation. These positions often provide proprietary access to deal flow and generate strong financial returns on a standalone basis.
Our value creation model is built on a repeatable, operationally intensive approach that goes beyond financial engineering. Each investment is managed as an operating business, with active involvement in strategy, capital allocation and execution.
Proprietary sourcing via NOC / IOC networks, off-market deal origination, deep technical screening.
Conservative reserve assumptions, downside-first structuring, acquisition at 1–6× EBITDA in ESG-pressured markets.
Active operational management: workovers, infill drilling, facility upgrades, cost reduction and production enhancement.
Strategic sale to IOC / NOC, secondary to infrastructure fund, or IPO on international exchange.
Targeting transactions of meaningful scale that justify the full depth of Nexes' operational and financial resources.
Returns driven by a combination of cash flow generation, operational improvement and capital appreciation at exit.
Up to five years, with flexibility to hold longer where value creation opportunities remain material.
Active pipeline across Central Asia, the Middle East, Africa and Europe — diversified by region and regulatory environment.
All investments prioritise strong downside protection through conservative underwriting, proven reserve bases, contracted revenue where available, and conservative leverage.
Nexes has identified and is actively evaluating a pipeline of investment opportunities across four strategic geographies. Each region has been selected based on asset availability, political and commercial risk profile, existing team relationships and alignment with the platform's core investment strategy.
Significant upstream asset availability through NOC partnerships and IOC divestiture programmes. Strong existing team relationships with state energy companies built through decades of direct operational involvement.
Major IOC rationalisation creating attractive entry opportunities in both upstream assets and energy infrastructure. ADGM platform provides institutional credibility and access to Gulf sovereign capital.
Material undercapitalised producing assets and infrastructure gaps across Sub-Saharan and North Africa — precisely the conditions that create value for experienced operators with established NOC relationships.
ESG-driven divestiture from major European IOCs creating acquisition opportunities in producing assets at materially discounted valuations. Strong regulatory visibility and established financing frameworks.
Nexes Capital Partners is led by a team of senior executives whose careers span the full breadth of the global energy industry — from upstream operations and energy trading to commodity finance and international M&A. This depth of experience is not incidental to the Nexes strategy — it is the strategy.
Global CEO and board-level energy, commodities, and capital markets leader with 28 years of international leadership spanning upstream oil and gas, structured commodity finance, investment banking, and financial technology. Structured and arranged over $100 billion in financing across his career, held Managing Director positions at Citigroup, JPMorgan, and BNP Paribas leading commodity franchises with revenues exceeding $500 million and teams of 100+ across 45 countries.
Senior international energy executive with 26 years of continuous experience spanning BP, TNK-BP (the 50/50 BP and AAR joint venture), and Rosneft, in which BP held a 19.75% stake. Operated at the most senior levels of downstream strategy, crude oil and products trading, refining, corporate treasury, and inter-governmental energy deal-making across Europe, Russia, Ukraine, and the Middle East. Speaks seven languages; has worked across four continents.
One of the world's most distinguished upstream oil and gas executives, with 40 years of operational, commercial, and executive leadership spanning ENI S.p.A. and PJSC LUKOIL across more than 45 countries on five continents. As ENI's Chief Upstream Officer, Antonio oversaw the delivery of 1.85 million boe/day and €10.8 billion in adjusted operating profit, reduced cash neutrality from $60 to $36/barrel, and drove some of the fastest-ever upstream project deliveries in industry history.
Italian entrepreneur and senior executive whose 25-year career spans oil and gas drilling equipment manufacturing, oilfield services, offshore renewable energy infrastructure, and large-scale international business development across the US Gulf Coast, Europe, and the GCC. As CEO of Drillmec, Simone drove one of the most remarkable growth trajectories in European oilfield services — scaling revenues from €40 million to €530 million, a 13× increase in five years.
Senior energy executive and commercial leader with a career spanning upstream engineering, major project delivery, petrochemicals, and international business development across BP, TNK-BP, and independent energy ventures. Combines deep technical grounding in chemical engineering with board-level commercial and governance experience across multiple continents.
Senior finance and M&A professional with over 20 years of experience in banking, finance, legal and financial advisory. Valeria brings a unique blend of institutional relationships and cross-border advisory expertise to the Nexes platform, bridging European institutional capital with Gulf-based investment platforms. Permanently resident in Abu Dhabi since 2022 with deeply rooted institutional relationships across the Middle East.
Under the coordination of Antonio Vella, Nexes has established an internal multidisciplinary integrated technical team composed of former senior executives of major E&P and refining companies — covering the full spectrum of upstream and downstream evaluation.
Coordination of upstream technical evaluation. Former Chief Upstream Officer, ENI. Led ENI's fastest-ever field developments including Zohr (Egypt) and Kashagan (Kazakhstan).
Upstream O&G reservoir assessment, reserves evaluation, green & brownfield development planning. CEO roles across multiple E&P ventures.
Engineering and operational management for drilling and completion activities, covering brownfield developments, gas well operations and deepwater projects.
Management of development projects from evaluation to definition. Assets management in CEO roles. Start-up portfolio management.
Management of development projects with focus on execution. Assets management in executive roles, including CEO of multiple O&G international subsidiaries.
Reservoir management, production optimisation, field development and multi-asset operations management across complex upstream portfolios.
Full lifecycle expertise across upstream evaluation, large-scale trading, logistics optimisation and cross-border M&A. Coordination of downstream technical team.
Managing Director of Refining and Petrochemical Plant operations. BioRefining plant experience. CEO in refining companies. Wide experience in refinery operations and technology.
Head of major oil company refining activities. MD of refining and biorefining companies. Board member of ERTC. Wide experience in operations, technology and process design.
General Manager of one of the largest refining supersites in Europe. Wide managerial experience in operations, technology, planning, supply, and refinery development.
Technical Manager for refining plants and engineering companies. BioRefining plant experience. Deep expertise in downstream technical management and process engineering.
Operation and Technical Manager in refining. BioRefining plant experience. CEO in Engineering Company. Broad experience spanning operations management and bio-refining.
Off-market opportunities sourced through decades of senior relationships with NOCs, IOCs and service companies — unavailable through conventional investment channels. Deal origination is driven primarily by the team's existing direct relationships with government counterparties and state energy companies.
An experienced team with the technical credibility and hands-on capability to evaluate, acquire and actively improve complex energy assets. The team has overseen combined production of over 1.8 million boe/day and structured in excess of $100 billion in energy finance transactions.
Balanced portfolio across upstream producing assets, energy infrastructure and upstream services — providing both income and growth characteristics, diversified by geography and asset type across four strategic regions.
Returns driven by cash flow quality, operational improvement and disciplined exit execution — not leverage or commodity price speculation. Acquisition discipline at 1–6× EBITDA in ESG-pressured markets provides embedded margin of safety.
Nexes Capital Partners is designed to generate sustainable long-term value for investors while supporting the development of critical global energy infrastructure at a moment of historic opportunity in the sector.
Subject to final documentation. For qualified institutional investors and sophisticated limited partners only.
| Target Fund Size | USD 1 Billion (First closing: USD 150 Million) |
| Investment Strategy | Private Equity — Energy Security |
| Industry Focus | Energy, Upstream, Infrastructure, Trading & Commodity Platform, Service Companies |
| Geographical Focus | International — Central Asia, Middle East, Africa and Europe |
| Structure | ADGM SPV for GCC & International investors. Possibility for co-investments in single deals |
| Investment Period | Permanent Capital Portfolio with opportunistic exits |
| Minimum Ticket | USD 150 Million equity |
| Deal Type | Controlling minority deals or 100% acquisition |
| ESG Classification | Art. 8 SFDR (promoting environmental and social improvements) |
| Target Returns | Periodic cash flows / dividends with opportunistic net IRR of 20%–25% on exits |
| Upfront Fee | 1.50% one-off (on portfolio construction) |
| Management Fee | 2.00% per annum |
| Performance Fee | 20.00% on NAV variation (watermark). 20.00% on opportunistic exits with 8.00% hurdle rate (standard carried interest) |
This document does not constitute an offer or a solicitation to the public. Prospective investors should rely solely on the final offering documentation. Past performance is not a guarantee of future results. Neither the Fund nor the Lead Advisor guarantee the achievement of return targets or reimbursement of capital invested.
We engage with national oil companies, sovereign wealth funds, institutional investors, and independent operators on a confidential basis. Initial conversations are without obligation.
This presentation is intended exclusively for qualified institutional investors and sophisticated limited partners. All forward-looking statements are subject to material risks and uncertainties. This document does not constitute an offer or a solicitation to the public for the subscription to the Fund's securities. The distribution of this document in certain jurisdictions may be restricted by law. Neither the Fund nor the Lead Advisor make any warranty or accept any liability whatsoever regarding the content of this document. Past performance is not a guarantee of future results.