Kirkland & Ellis International LLP announced today that private equity client Actera Partners has held its final closing of Actera Partners L.P. The fund closed with investor commitments in excess of $475 million (€322 million), comfortably exceeding its original cap by 30%, and creating the largest private equity fund devoted to investments in Turkey to-date.
This marks another successful closing for the private funds team who joined Kirkland earlier this year from SJ Berwin. The Kirkland team was led by partner Justin Dolling.
Justin commented "Turkey is an emerging private equity market that presents attractive investment opportunities and there has a been great deal of investor interest in this fund. We are happy to have helped Actera with such a landmark fund raising."
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 Actera Partners
Actera Partners is a $475 million private equity fund targeting buyout and growth equity investments principally located in Turkey. The main investment principals advising the fund are Isak Antika and Murat Cavusoglu.