Susan Eisenberg is a partner in the Investment Funds Group at Kirkland & Ellis, based in the Houston office. Her practice focuses on representing private equity and other alternative asset managers in fundraising, governance, organizational structure, internal operations, regulatory compliance and related matters. Susan’s experience includes advising clients on fund formation, capital raising and operation of private investment funds and their management companies, marketing and placement agent arrangements, investment and trading issues, co-investment vehicles, fund restructurings and continuation vehicles, secondary sales, fund liquidations, investment adviser registration, compliance policies, regulatory investigations and exams, carried interest arrangements and succession planning. She also works on transactions among asset managers, including spin outs, seed investments and joint ventures.

Prior to joining Kirkland, Susan was the Global Product Counsel of KKR Credit where she oversaw the legal affairs of each investment product across all investment strategies within KKR Credit, including direct lending, special situations, mezzanine, specialty finance, opportunistic credit and traded credit. She played a key role in the development and launch of new products within KKR Credit and advised on a number of other issues. Prior to KKR, Susan was an associate in the private investment funds group at Ropes & Gray.

Representative Clients

  • 3i Infrastructure
  • ACON Investments
  • AVAIO Capital
  • JPMorgan Infrastructure
  • Lionstone Partners
  • KLR Group
  • Melody Investment Advisors
  • Mithril Capital Management
  • Pearl Energy Investments
  • Reverence Capital Partners
  • Stablewood Properties
  • STG Partners
  • TPG Rise Climate
  • UBS Asset Management


Thought Leadership


Author, Trends in US Private Equity Fund Terms, Evercore State of the Market 2019 (January 2019).

Co-author, Fundraising Guidelines – The United States of America, The Private Equity Review (May 2012).

Co-author, Overview of Legal and Regulatory Considerations for Investor Relations Professionals, The Investor Relations Manual, Private Equity International (2011).

Co-author, Once An Agent, Now A Lobbyist, The Recorder (March 28, 2011).

Speaking Engagements

Moderator, “Figuring Out One’s Career Route: Lessons Learned,” Women's Leadership Unbound Summit, 2021.

Moderator, Emerging Manager Update:  Our LPs Discuss Trends They’re Seeing in Emerging GPs, PartnerConnect Texas 2018.

Speaker, The Changing Dynamics of Fundraising - Critical Research & Preparation Required For The In-Person LP Meeting, PartnerConnect Texas 2018.


Admissions & Qualifications

  • California
  • Texas


  • Vanderbilt Law SchoolJ.D.2007

    Articles Editor, Vanderbilt Law Review

  • University of PennsylvaniaB.S.E., Mechanical Engineering and Applied Mechanics2004

    Varsity Track and Field