Overview
Nadia Murad is a partner in the Investment Funds Group at Kirkland & Ellis LLP where she advises leading private equity sponsors and investment managers on fundraising, platform growth, investor relations and strategic initiatives. With over 20 years of experience at the Firm advising on aggregate capital raised totaling over $100 billion, she is a trusted advisor to sponsors as they build, scale and institutionalize their investment platforms.
Nadia’s practice spans the full lifecycle of an investment firm, from first time fund launches to the development of global, multiproduct platforms. As an instrumental part of the Firm’s leading global IFG platform, she advises clients on a wide variety of fund formation and related matters, including numerous mega-fund formations and fundraises across a broad spectrum of strategies, including private equity buyout and mega funds, hybrid (PE/hedge) and open-ended funds, first-time funds, secondary funds, continuation funds, co-invest vehicles, feeder vehicles and HNW retail platforms, fund-of-one and single asset vehicles and alternative investment vehicle structures. She regularly helps clients navigate ongoing regulatory and compliance matters, conflicts, allocations, cross-fund transactions and evolving investor expectations.
In addition to representing clients on fund formation matters, Nadia is frequently called upon at critical inflection points to advise clients on a wide range of complex business transactions and operational matters, including but not limited to: acquisitions and structuring, strategic expansions and new product launches, AUM growth, current and anticipated trends and market developments, investor communications and investor relations considerations, establishment of new offices, and liquidity solutions including structured secondaries and GP-led transactions. Nadia also has been a key partner representing private equity sponsors on internal firm structuring and restructuring, including complex succession planning, team expansions and separations, economic arrangements and founder-related investments.
Nadia has been instrumental in establishing Kirkland’s family office practice. She regularly represents family offices and high net worth individuals in connection with private equity investments, co-investments and sports-related investments.
Nadia is recognized as a leading global Entertainment, Sports and Media lawyer for Investment Funds, and is a recognized thought leader in the private funds and asset management space, frequently speaking and moderating at industry conferences and authoring widely cited publications on fund structuring, ESG, regulatory developments and market trends. Nadia has been quoted numerous times by Law360, The Deal, Financial Worldwide, Private Equity Law Report and authored numerous Kirkland thought-leadership pieces.
Within the Firm, Nadia plays an active leadership role and has been integral in leading strategic initiatives across the Investment Funds platform, collaborating across practices to deliver integrated client solutions, mentoring and training junior partners and associates, and contributing to recruiting, client development, investor solutions and AI strategy, as well as pro bono contributions.
With a personalized, relationship-driven approach to her practice and a passion for the private equity asset class, Nadia has an unwavering commitment to providing clients with best-in-class service, commercial advice, innovative solutions and strategic support at every stage of their firm’s lifecycle.
Nadia is an active supporter of the arts and is a member of the Women’s Board of the Museum of Contemporary Art in Chicago and the Whitney Contemporaries.
Representative Clients
3G Capital, Inc., Arctos Partners, Ares Management, Centerview Partners, Clearlake Capital Group, Crestview Partners, Dawson Partners, Golden Gate Capital, GTCR, ICONIQ Capital, Irving Place Capital, Northern Trust, Patria Finance Limited, Warburg Pincus, Wynnchurch Capital, York Capital Management
Experience
Representative Matters
3G Capital in:
- the formation of 3G Fund VI, L.P., a multibillion dollar buyout fund
- the fundraise and fund-related matters in connection with the acquisition of Skechers, a company with $9 billion in annual sales
- fund-related matters in connection with the $8 billion financing for the Skechers acquisition
Arctos Partners in the formation of Arctos Sports Partners Fund II, a $4.1 billion sports fund
Ares Management in the formation of Landmark Real Estate Partners IX, a $3.3 billion secondaries real estate fund
Clearlake Capital Group in:
- the formation of Clearlake Capital Partners VII, a $14.1+ billion buyout fund
- the formation of Clearlake Capital Partners VI, a $7+ billion buyout fund
- the formation of Clearlake Flagship Plus Partners, a $1.5+ billion buyout fund
- its acquisition of Pathway Capital Management
- the sale of Precisely (Icon II) for an aggregate value of $1.6 billion
Dawson Partners in the formation of:
- Dawson Portfolio Finance 6, a $7.7 billion liquidity solutions fund
- Dawson Portfolio Finance 5, a $5.3 billion liquidity solutions fund
- Dawson Portfolio Finance 4, a $4 billion liquidity solutions fund
- Dawson Portfolio Finance 3, a $2 billion liquidity secondaries fund
- Dawson GP Finance 1, a $ 400 million GP solutions fund
- Dawson Equity 1, a $300 million equity fund
Golden Gate Capital in the formation of Golden Gate Capital Opportunity Fund, a multibillion private equity/hybrid fund (final close pending)
GTCR in the formation of:
- GTCR Fund XI, a $3.85 billion buyout fund
- GTCR Fund X, a $3.25 billion buyout fund
- GTCR Fund IX, a $2.75 billion buyout fund
ICONIQ in connection with various investments and the formation of single-asset fund vehicles related thereto
Irving Place Capital (f/k/a Bear Stearns Merchant Banking) in:
- the formation of Doral Holdings, a $610 million single-asset investment fund
- the formation of Bear Stearns Merchant Banking Partners Fund III, a $2.675 billion private equity fund
- connection with its spin-out from J.P. Morgan and launch as new firm
Patria Investments Ltd. in connection with the cross-border restructuring of Patria’s flagship private equity funds
Warburg Pincus in the formation of:
- Warburg Pincus Global Growth, a $14.75 billion flagship fund
- China-Southeast Asia II, a $4.25 billion secondaries fund
York Capital Management in the formation of York Special Opportunities Fund III, a $800 million private equity fund
Fundraising for a multibillion dollar private equity buyout fund (sponsor confidential)
Formation of numerous continuation funds and co-invest vehicles with aggregate capital of $2+ billion
Formation of numerous SMA/funds of one vehicles in excess of $1 billion
Fundraising for a $1 billion evergreen fund (sponsor confidential)
Pro Bono
Representation of Nobel Peace Prize laureate and education activist, Malala Yousafzai and her husband Asser Malik on the founding and launch of Recess Capital, a sports investment platform and fundraising related thereto
PeacePlayers International
Asian University for Women
More
Thought Leadership
Publications
Contributor, "ILPA ESG Resources: Iterative Roadmap Can Help LPs in Early Integration Stages (Part Two of Two)," Private Equity Law Report, October 2021
Contributor, "ILPA ESG Resources: Assessment Framework Utility Depends on Stage of LPs’ and GPs’ ESG Programs (Part One of Two)," Private Equity Law Report, October 2021
Contributor, “From Nice to have to Mainstream: ESG in Private Equity,” Financier Worldwide, February 2021
Author, “Expected ESG and Climate Regulation Impacting Private Equity Under the Biden Administration,” Kirkland Alert, February 2021
Author, "U.S. Regulators Increase Focus on ESG as Investor Demand Grows," Kirkland Alert, July 2020
Author, “U.S. Regulators Increase Focus on ESG as Investor Demand Grows: What Private Equity Firms Need to Know,” KirklandPEN, July 2020
Author, “Family Offices: Cybersecurity Threats and Best Practices,” Kirkland Private Investment & Family Office Insights, May 2020
Contributor, "Kirkland Guides York Capital To $800 Million Middle-Market PE Fund," Law360, April 2020
Contributor, "In Brief: Clearlake Doubles Latest Flagship Fund," The Deal, April 2020
Author, "Family Offices: Structuring for Investment Adviser Compliance," Kirkland Private Investment & Family Office Insights, December 2018
Contributor, “PE's Emerging Markets Push Presents Opportunity for Attys,” Law360, June 2018
Contributor, “PE Firms Intensify Focus on Responsible Investments,” Law360, December 2016
Seminars
Moderator, “The Architects: Running the Game from the Inside, In-House & Front Office Leaders Across Teams,” Women in Sports Law Symposium, October 2025
Presenter, “Structuring Your Firm: Important Legal Considerations,” NAIC NextGen Symposium, March 2025
Moderator, “First Time Funds: Best Practices and Lessons Learned from Successful Launches,” The Wharton School PEVC Conference, March 2023
Presenter, “WeChat, TikTok & Messaging Applications: U.S. Regulatory Implications for Private Fund Sponsors Webinar,” Kirkland Seminar, September 2020
Moderator, “Keynote Interview: Making An Impact,” Women’s Alternative Investment Summit, November 2019
Panelist, “The Matrix Revolution: Operating Funds in the Cyber World,” Maples and Calder, Maples FS, Maples Investment Funds Forum, February 2018
Presenter, “Investment Funds — Long-Date Funds and Permanent Capital Vehicles,” Harvard Management Co. Endowment and Foundation Conference, October 2017
Panelist, “The Future State of the Funds Industry,” Maples and Calder, Maples FS, 7th Maples Investment Funds Forum, February 2016
Panelist, “Private Equity Funds: Overview of Recent Trends In Market Terms & Structures,” 21st Annual Columbia Business School Private Equity & Venture Capital Conference, March 6, 2015
Panelist, “‘Associates’ under the new HSR Rules,” ABA Section of Antitrust Law, March 22, 2013
Recognition
Memberships & Affiliations
Women's Board Member, Museum of Contemporary Art Chicago
Whitney Contemporaries
Credentials
Admissions & Qualifications
- 2005Illinois
- 2018New York
Education
- University of Michigan Law SchoolJ.D.cum laude2005
Associate Editor, Michigan Journal of International Law
Studied at Oxford University, University College, Oxford, England, 2003
- Northwestern UniversityB.A., Economicsmagna cum laude2002
Phi Beta Kappa