Press Release

Kirkland Counsels Pearl on Close of Inaugural Fund at $500M Hard Cap

Kirkland & Ellis LLP advised Pearl Energy Investments on the close of its inaugural fund, which reached its hard cap and held the final closing with total commitments of $500 million. Pearl is a provider of private equity capital and sponsorship to the energy industry, concentrating on oil and gas production, midstream, and services sectors. The full release is available here.

The Kirkland team included private funds partners Sarah Kirson and Matthew Dickman and associates Sojeong Hong and David Mashburn; tax partner Donald Rocap and associate Joel Peters-Fransen; investment management partner Kevin Bettsteller and associate Matthew Cohen; and employee benefits partner Laura Bader.

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 approximately 430 unique private equity sponsors in more than 800 total funds, raising more than $580 billion.