Kirkland & Ellis LLP represented Arsenal Capital Partners, a leading New York-based private equity firm that invests in lower middle-market specialty industrial and health care companies, which announced Thursday that it completed fundraising for Arsenal Capital Fund IV L.P. at its $1.3 billion hard cap. The firm’s previous fund, Arsenal Capital Partners III LP, was raised in 2012 with $875 million of committed capital. Since inception in 2000, Arsenal has raised institutional equity investment funds totaling $2.975 billion. The full release is available here.
The Kirkland team that represented Arsenal included investment funds partner Chris Kallos and of counsel Warren Goodworth; tax partners Donald Rocap and Daniel Meehan; investment management partner Robert Sutton and associate Elizabeth Richards; employee benefits partner Laura Bader; and corporate associates Paul Mysliwiec, Kevin Wessel and Patrick Valenti.
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. Since 2015, Kirkland has advised nearly 262 private investment fund sponsors, raising more than 358 funds representing in excess of $311 billion of capital commitments.