Kirkland & Ellis represented L Capital Asia, the Asian private equity arm of LVMH Moët Hennessy Louis Vuitton S.A. (LVMH), which recently closed its second private equity fund. The fund was oversubscribed and closed at its hard cap of US$950 million, exceeding its original target of US$800 million. The fund, which will make investments in Asia’s lifestyle-consumer and branded goods sectors, accepted commitments from a broad mix of global institutional investors, including sovereign wealth funds, pension plans, endowments and foundations, diversified financial institutions and family offices.
The Kirkland team that represented L Capital Asia was led by Hong Kong-based private funds partner Christopher Braunack and included private funds partners Justin Dolling and Mark Mifsud and associates Damian Jacobs, Sandra Wu and Jennifer Feng.
Kirkland & Ellis has one of the largest and most experienced sponsor-side private funds practices in the world. Since 1995, Kirkland’s private funds attorneys have represented more than 350 unique private equity sponsors in raising more than $420 billion of capital for approximately 650 funds.
Kirkland & Ellis LLP is a 1,600-attorney law firm representing global clients in complex private funds, corporate/M&A, restructuring and tax, litigation and dispute resolution/arbitration, and intellectual property and technology matters. The Firm has offices in Hong Kong, Chicago, London, Los Angeles, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C.