Kirkland & Ellis LLP represented Thoma Bravo, LLC, a leading private equity investment firm, which announced today that it completed fundraising for Thoma Bravo Fund XI. The fund was significantly oversubscribed and closed at $3.65 billion, reaching its hard cap of limited partner commitments and exceeding its initial target of $2.5 billion. Fundraising activity for Thoma Bravo’s newest fund culminated relatively quickly after launching in January. The firm was able to complete fundraising with a single close.
The Kirkland team included private funds partners Bruce I. Ettelson and John M. Muno.