Kirkland & Ellis International LLP announced today that private equity client Mid Europa Partners has held its final closing of Mid Europa Fund III. Mid Europa, the largest private equity firm focused on buyouts in Central Europe, reached the hard cap of €1.5 billion in investor commitments for the largest Central European buyout fund seen to-date. With Mid Europa's second fund already 80 percent invested in less than 24 months, the new investment vehicle allows the private equity firm to continue to take advantage of the buyout opportunities in Central Europe.
This marks another successful closing for the private funds team who joined Kirkland earlier this year. The Kirkland team was led by partner Richard Watkins and senior associate Jenny Kapusniak.
Richard, who acted for Mid Europa on their establishment and previous fund raising, commented "We are delighted to have helped Mid Europa with such a landmark fund raising which is testament to the strength and quality of the team"
About Kirkland & Ellis
Kirkland & Ellis LLP is a 1,300-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 London, Chicago, Hong Kong, Los Angeles, Munich, New York, San Francisco and Washington, D.C.
About Mid Europa Partners
Mid Europa Partners is a leading independent private equity investment firm focused on Central and Eastern Europe with approximately €2.6 billion of assets under management. Mid Europa Partners invests in businesses based in or with significant exposure to Central & Eastern Europe, with a focus on the new European Union member states and the EU accession candidate countries.