Patrick J. Vinett
Overview
Patrick Vinett is a partner in the Investment Funds Practice Group in the New York office of Kirkland & Ellis LLP and a senior member of the Firm’s market-leading Liquidity Solutions Team.
Patrick’s practice focuses on advising sponsors and lead investors in connection with single- and multi-asset continuation fund transactions, as well other complex business transactions that seek to generate liquidity for investors in private investment funds.
Since joining Kirkland in 2024, Patrick has advised sponsor and lead investor clients in connection with continuation fund transactions (closed or currently in the market) representing aggregate transaction volume of approximately $20 billion.
Representative clients include Accel-KKR, Altas Partners, Ares Secondaries, Brookfield Asset Management, Carlyle, Coller Capital, EnCap, NorthSands Capital, Oaktree Capital, ONCAP, Onex Partners, Ridgewood Energy, Sterling Investment Partners, Strategic Value Partners, TPG, Viking Global Investors and Warburg Pincus.
Experience
Representative Matters
Select Secondaries and Other Transactions
- Represented Warburg Pincus in its first multi-asset continuation fund transaction, with over $2.2 billion in commitments.
- Represented EnCap Investments on a $2 billion single-asset continuation fund transaction for PennEnergy Resources, a natural gas company
- Represented Accel-KKR in its single-asset “CV on a CV” transaction of ~$1.9 billion involving iSolved.
- Represented a global investment firm in its ~$1.5 billion single-asset continuation fund transaction involving an infrastructure asset.
- Sterling Investment Partners on a $1.1 billion single-asset continuation fund transaction involving XKIG, an infrastructure-services provider
- Represented a North American private equity sponsor in its ~$1.1 billion single-asset continuation fund transaction.
- Represented a U.S. private equity sponsor focused on information technology and communications infrastructure in the recapitalization of a portfolio company and the related formation of an approximately $750 million single-asset continuation fund.
- Represented a leading U.S.-based secondaries firm as a lead investor in an ~$620 million single-asset continuation fund transaction run by a Canada-based private equity sponsor.
- Represented Butterfly Equity in its $527 million continuation fund transaction involving Qdoba.
- Represented a U.S. private equity sponsor focused on energy investments in its $450 million continuation fund transaction relating to a portfolio of oil and gas assets.
- Represented a Canadian private equity sponsor in an ~C$470 million continuation fund transaction that included a recapitalization of its portfolio company and related formation of a single-asset continuation fund.
- Represented NorthSands Capital as lead investor in Pike Street Capital’s continuation fund for Impel.
- Represented NorthSands Capital as lead investor in Wellspring Capital’s continuation fund for SupplyOne.
- Represented TPG Capital as sponsor in an approximately $1.5 billion continuation fund transaction relating to Creative Artists Agency.*
- Represented MBK Partners as sponsor in an approximately $500 million continuation fund transaction involving its portfolio company, BHC Group.*
- Represented Ares Secondaries as sole lead investor in an ~$170 million continuation fund sponsored by NXT Capital relating to a portfolio of credit assets.*
- Represented Coller Capital as lead investor in a variety of continuation fund and preferred equity transactions.*
Prior Experience
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Credentials
Admissions & Qualifications
- 2017New York
Education
- Duke University School of LawJ.D.Duke Forum for Law & Social Change
- University of Notre DameB.A., Political Science & Spanishmagna cum laude