Kirkland & Ellis LLP represented CVC Capital Partners in their creation of CVC European Equity Partners IV, Europe’s largest private equity fund to date. The New York-based team of Kirk A. Radke, Geoffrey W. Levin, Patrick C. Gallagher, Scott W. Naidech, Sara B. Zablotney, Vamsi P. Bonthala and Christine Padlan assisted CVC in raising EUR6 billion (US $7.2 billion) from a broad range of institutional investors and high net worth individuals in the U.S., Europe, the Middle East and Asia.
According to a press release on the CVC Web site, the CVC European Equity Partners IV fund will seek to invest in a diverse range of companies across Europe, with CVC continuing its focus on long-term investments, working in partnership with management. Since 1996, CVC has been the most active private equity firm in Europe, with CVC funds investing some $7 billion in buyout transactions.
Kirkland was also lead counsel on CVC’s recently-closed CVC Capital Partners Asia Pacific II (“Fund II”) which at US $1.975 billion, is the largest private equity fund raised in the Asia Pacific Region. This is the second Asian fund to be raised by CVC and is a joint venture with Citigroup. The fund raising success of Fund II underlines investor appetite for investment opportunities in the region.
Kirkland & Ellis LLP is a 1,000-attorney law firm representing global clients in complex corporate, restructuring, tax, litigation, dispute resolution and arbitration, and intellectual property and technology matters. The Firm has offices in New York, Chicago, London, Los Angeles, Munich, San Francisco and Washington, D.C.