Kirkland & Ellis International LLP announced today that private equity client Pacific Road Capital Management has held its final closing of Pacific Road Resources Fund, the Australia-based firm's first private equity fund. This global mining exploration fund, which closed with commitments of $320 million, will focus on mining projects, related infrastructure and services companies across a range of commodities.
This marks another successful closing for the private funds team who joined Kirkland in 2007 from SJ Berwin. The Kirkland team was led by partner Justin Dolling and senior associate Jenny Kapusniak.
Justin commented "We are delighted to have helped Pacific Road Capital Management form this pioneering fund. There is a lot of interest in this sector and we are already seeing other sponsors exploring the opportunities that exist."
About Kirkland & Ellis LLP
Kirkland & Ellis LLP is a 1,400-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 Pacific Road Capital Management
Pacific Road Capital Management (PRCM) is a Sydney-based private equity manager investing in the global mining industry. PRCM provides expansion and buyout capital for mining projects, mining related infrastructure and mining services business located throughout the resource rich regions of the world.