Kirkland & Ellis advised IK Investment Partners, a leading Pan-European private equity firm, which recently closed its eighth mid-cap fund, IK VIII Fund. The fund was closed at its hard cap with aggregate capital commitments of €1.85 billion. The fund, which will make majority investments in companies with enterprise values up to €500 million in Benelux, DACH, France and the Nordics, accepted commitments from a broad mix of global institutional investors. More information on the fundraise is available here.
The Kirkland team was led by London-based investment funds partner Christopher Braunack and associates Jeremy Leggate, Holly Clarke, Alexandra Chauvin and David Pritchett, and included London-based tax partners Jonathan Kandel and Ian Ferreira, London-based financial regulatory partner Lisa Cawley and associate Adam Skinner, and New York-based tax partner David Grenker.
Kirkland 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 nearly 300 private investment fund sponsors, raising more than 400 funds representing in excess of $315 billion of capital commitments.
Kirkland & Ellis is a 1,900-attorney law firm representing global clients in complex private investment funds, corporate/M&A, restructuring, tax, litigation and dispute resolution, and intellectual property and technology matters. The Firm has offices in London, Beijing, Chicago, Hong Kong, Houston, Los Angeles, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C.