Kirkland & Ellis LLP advised Swander Pace Capital, a leading private equity firm specializing in investments in consumer products companies in North America and the United Kingdom, which announced yesterday that it has reached the final closing of SPC Partners VI, L.P. at $510 million. The fund exceeded its initial target of $400 million with commitments almost exclusively from existing investors. Swander Pace’s prior fund, SPC Partners V, L.P., closed in 2013 with commitments of $350 million. More information is available here.
The Kirkland team was led by investments funds partners Bruce Ettelson, Karin Orsic and Matthew Dickman and included investment funds associates Thien Nguyen and Emma Whenham; tax partner Daniel Meehan and associate Carol Wang; and ERISA partner Laura Bader and of counsel Elizabeth Dyer.
Kirkland & Ellis is a global leader in providing sophisticated advice to private investment fund sponsors and select institutional investors with respect to all major alternative investment strategies. In the past three years alone, Kirkland has advised 280 private investment fund sponsors, raising more than 380 funds and representing more than $305 billion of capital commitments.