Eric N. Fischer, P.C.
Overview
Eric N. Fischer is a partner in Kirkland & Ellis LLP’s Investment Funds Practice Group and one of the most active continuation fund practitioners in the market. Since joining Kirkland in 2021, he has closed nearly 50 continuation fund transactions with aggregate values exceeding $30 billion — a volume of experience that few practitioners in the space can match. His practice focuses on representing middle-market sponsors in single- and multi-asset continuation vehicle transactions and extends to lead investor representations in continuation vehicle transactions, as well as a full range of GP-led liquidity solutions, including fund-level preferred equity facilities, GP-led tender offers and management spinouts.
Eric has advised sponsors across a broad range of industries and transaction structures and has developed particular depth in healthcare, where his clients have included GTCR, Linden Capital Partners, Audax, Waud Capital Partners, Aterian Investment Partners, Chicago Pacific Founders and BPOC on continuation fund transactions spanning healthcare services, pharma and medical businesses.
Additional representative clients include Alpine Investors, Bain Capital, Kinderhook Industries, L Catterton, Madison Dearborn Partners, Silver Lake, Silver Oak Services Partners, Thompson Street Capital Partners, Tyree & D’Angelo Partners and Vestar Capital Partners.
Eric received his J.D. cum laude from Georgetown University Law Center, where he was a member of the Georgetown Law Journal, and his B.A. from Washington University in St. Louis. He has been recognized by Lawdragon as a leading Global Entertainment, Sports & Media Lawyer in both 2025 and 2026, and by The Hollywood Reporter as a Top Dealmaker of 2024.
Experience
Representative Matters
GP Representations
- Align Capital Partners in the recapitalization of its portfolio company, E Source, and the related formation of a single-asset continuation fund.
- Alpine Investors in the recapitalization of its portfolio company, Apex Service Partners, and the related formation of an approximately $3 billion single-asset continuation fund. This transaction was awarded 2023’s “Secondaries Deal of the Year in the Americas” by Private Equity International.
- Aterian Investment Partners in the recapitalization of its portfolio company, Vander-Bend Manufacturing, and the related formation of a $460 million single-asset continuation fund.
- Audax in multiple continuation fund transactions, including the recapitalization of its portfolio company, Aspen Surgical Products, and the related formation of a single-asset continuation fund.
- Bain Capital in multiple continuation fund transactions.
- Bansk Group in the recapitalization of its portfolio company, Arcadia Consumer Healthcare, and the related formation of a $1.4 billion single-asset continuation fund.
- BPOC in the “end-of-life” fund recapitalization of BPOC Fund IV, and the related formation of an approximately $425 million multi-asset continuation fund.
- Gemspring Capital Partners in the recapitalization of its portfolio company, Shrieve Chemical, and the related formation of a single-asset continuation fund.
- Incline Equity Partners in the recapitalization of its portfolio company, Accredited Labs, and the related formation of a single-asset continuation fund.
- Kinderhook Industries in the “end-of-life” fund recapitalization of Kinderhook Capital Fund IV and Kinderhook Capital Fund V, and the related formation of an approximately $1.3 billion multi-asset continuation fund.
- L Catterton in the recapitalization of its portfolio company, PatientPoint, and the related formation of a single-asset continuation fund.
- New Harbor Capital in the recapitalization of its portfolio company, LGM Pharma, and the related formation of a single-asset continuation fund.
- SDC Capital Partners on a $751 million single-asset continuation fund transaction involving its digital infrastructure portfolio company SummitIG.
- Silver Lake in the formation of a continuation fund as part of its take-private of Endeavor Group Holdings, Inc. (NYSE: EDR). This transaction was awarded 2025’s “Secondaries Deal of the Year in the Americas” by Private Equity International.
- Silver Oak Services Partners in multiple continuation fund transactions, including the recapitalization of its portfolio company, Smile Partners USA, and the related formation of a single-asset continuation fund.
- Thompson Street Capital Partners in multiple continuation fund transactions, including the recapitalization of its portfolio company, Gurobi Optimization, and the related formation of a single-asset continuation fund.
- Tyree & D’Angelo Partners in the recapitalization of its portfolio company, Western Veterinary Partners, and the related formation of a single-asset continuation fund.
- Vestar Capital partners in the recapitalization of its portfolio company, Circana, and the related formation of a $1.2 billion single-asset continuation fund.
- Waud Capital Partners in the recapitalization of its portfolio company, Ivy Rehab Physical Therapy, and the related formation of a single-asset continuation fund.
- Wind Point Partners in the recapitalization of its Fund VIII portfolio company, STG Logistics, and the related formation of a single-asset continuation fund.
- The Carlyle Group in the spin-out of its Ireland team.*
- The Carlyle Group in the spin-out of its Sub-Saharan Africa team.*
LP Representations
- North Hudson Resource Partners and EOC Partners as lead investors in a continuation fund sponsored by Five Point Infrastructure, which acquired an interest in San Mateo Midstream.
- HarbourVest Partners as a co-lead investor in a continuation fund sponsored by Arclight Capital Partners, which acquired an interest in the 192MW Sidney Murray Hydroelectric Project.*
- StepStone Group in its $80 million investment in a continuation fund sponsored by Qumra Capital, which acquired a strip of all portfolio assets of Qumra Capital I.*
- The lead investor in an approximately $210 million continuation fund sponsored by a leading growth equity sponsor, which acquired a single asset held by several of the sponsor’s existing funds.
- The lead investor in an approximately $120 million continuation fund sponsored by a leading Israeli private equity sponsor, which acquired multiple assets from an end-of-term fund.*
- The largest investor in a $190 million continuation fund sponsored by a middle-market U.S. private equity sponsor, which acquired a single asset from one of the sponsor’s existing funds.*
*Denotes deals completed prior to joining Kirkland.
More
Recognition
Recognized by The Hollywood Reporter as a “Top Dealmaker of 2024”
Recognized by Lawdragon as a leading Global Entertainment, Sports & Media Lawyer, 2025
Credentials
Admissions & Qualifications
- 2017New York
Education
- Georgetown University Law CenterJ.D.cum laude2016
Dean's List, 2013–2014 & 2015–2016
Georgetown Law Journal
CALI Award in Bargain, Exchange, and Liability
CALI Award in Professional Responsibility
- Washington University in St. LouisB.A., Jewish, Islamic, and Near Eastern Studies2013