Kirkland & Ellis LLP advised Incline Equity Partners on the formation of Incline Equity Partners IV, L.P. (Fund IV), which announced its final closing with $601 million of total capital commitments. The Fund closed at its hard cap and well in excess of its $450 million target. The Fund, which is the fourth investment vehicle for the founding principals of Incline Equity Partners, received commitments from a number of top-tier investors, including endowments, foundations, multi-manager funds, consultants, public pensions, corporate pensions and family offices. The full release is available here.
The Kirkland team was led by investment fund partners Bruce Ettelson, Jeffrey Kaplan and Katie St. Peters and associates Brian Delaney, Samuel Scarcello and Yasmine Kumar; and tax partner Daniel Meehan and associate Julie Rhoades.
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 nearly 300 private investment fund sponsors, raising more than 400 funds representing in excess of $315 billion of capital commitments.