Kirkland & Ellis represented AE Industrial Partners, LP, a leading private equity investor in aerospace and defense, power generation, and specialty industrial companies, in the closing of its second private equity fund, AE Industrial Partners Fund II, LP, with $1.36 billion in equity commitments. Fund II will be dedicated to making control investments in technical manufacturing, distribution and supply chain management, MRO (maintenance, repair and overhaul), and industrial service-based businesses in AEI's target markets. Fund II exceeded its $1 billion target and was substantially oversubscribed, reaching its hard cap. To read more about the transaction, see the company’s press release.
The Kirkland team was led by investment funds partner Jeffrey Kaplan and associates Daniel McQuade and Ryan McNish; private equity partners Douglas Gessner and Jeremy Liss; regulatory partner Scott Moehrke and associate Ryan Swan; and tax partner Donald Rocap and associate Daniel Sito.