Kirkland & Ellis LLP advised Monomoy Capital Partners in the closing of its second fund, Monomoy Capital Partners II, L.P. ("Fund II"), with $400 million of limited partner commitments. Monomoy's Fund II, which exceeded the firm's $350 million fundraising target, was significantly oversubscribed at its final closing. Monomoy secured commitments from a substantial majority of its existing investors and added a number of high-quality new investors from Europe and the United States to its limited partner base.
The Kirkland team includes Chicago partners Bruce Ettelson and John Muno and associates Justin Solomon and Charles Walker.
About Kirkland & Ellis LLP
Kirkland is a 1,500-attorney law firm representing global clients in complex corporate, private equity, litigation and dispute resolution/arbitration, restructuring, tax and intellectual property matters. The Firm has offices in Chicago, Hong Kong, London, Los Angeles, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C. Kirkland & Ellis has formed more than 500 private funds on behalf of more than 260 private equity firms since 1995, raising approximately $327 billion. Since January 2010, Kirkland has represented approximately 125 funds that have closed or are in progress, targeting approximately $80 billion.
About Monomoy Capital Partners
Monomoy was formed by Daniel Collin, Justin Hillenbrand and Stephen Presser in 2005. The firm targets sound businesses with $70 to $400 million in annual revenues in the manufacturing, services, distribution and consumer sectors facing operational, financial or strategic stress. With a staff of 20 investment professionals, including eight operating professionals, Monomoy implements customized business improvement programs at each portfolio company designed to increase profitability and encourage meaningful growth.
Through its debut fund, Monomoy has completed 30 transactions over the last five years and currently owns ten businesses. Please visit www.mcpfunds.com for a detailed review of Monomoy and its portfolio.