Kirkland & Ellis Advises Basalt Infrastructure Partners on Closing of US$1.285 Billion Second Fund
Kirkland & Ellis advised Basalt Infrastructure Partners, an independent infrastructure equity investment firm with over US$2 billion under management, which recently closed its second fund, Basalt Infrastructure Partners II. The fund exceeded the initial fundraising target of US$1 billion, closing with final commitments of US$1.285 billion from over 30 global pension funds, sovereign wealth funds, fund of funds and other institutional investors. The fund will focus primarily on investments in utilities, energy and transport infrastructure and has already invested in assets across Italy, the UK and the U.S. More information is available here.
The Kirkland team was led by London-based investment funds partners Richard Watkins and Jeremy Leggate with associates Zoë Pople and David Pritchett.
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