Kirkland & Ellis LLP represented Arsenal Capital Partners, a leading private equity firm that invests in lower middle-market specialty industrial and health care companies, which today announced it completed fundraising for Arsenal Capital Fund III, L.P. The fund was oversubscribed with $875 million of committed capital and exceeded its original target of $750 million. Fund III's investor base is international in scope, with institutional investors from the United States, Europe and Asia, and consists primarily of endowments and foundations, public and corporate pension plans, diversified financial institutions and family offices.
The Kirkland team that represented Arsenal included private funds partner Chris Kallos and of counsel Warren Goodworth, tax partner Donald Rocap, investment management partner Robert Sutton, employee benefits partner Laura Bader and corporate associates Kevin Parker and Maggie Flores.
The Private Funds Practice at Kirkland & Ellis is one of the largest and most experienced sponsor-side practices in the world. Since 1995, Kirkland's private funds lawyers have represented 345 unique private equity sponsors in 666 total funds, raising approximately $441 billion in total targeted commitments.
Kirkland & Ellis is one of the world's leading law firms, with more than 1,600 attorneys across the globe representing clients in complex corporate and tax, restructuring, litigation and dispute resolution/arbitration, and intellectual property and technology matters.