Kirkland Advises Vestar on Closing of Fund VII Above Target at $1.1 Billion

Kirkland & Ellis counseled Vestar Capital Partners, a leading U.S. middle-market private equity firm, on the closing of Vestar Capital Partners VII with $1.1 billion in capital commitments. Vestar VII exceeded its $1 billion target and includes a commitment of $100 million from the General Partner and its partners and affiliates. The fund seeks to invest in profitable and growing companies in the Consumer, Business & Technology Services, and Healthcare sectors, with a focus on family- and founder-owned opportunities. Commitments came from a select group of institutional investors, a substantial majority of whom have been previous investors with the firm, and encompass a diverse mix of investors from North America, Europe, and the Middle East.
 
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The Kirkland team was led by investment funds partners Chris Kallos, David Stults and Nicholas DiCrescenzo and included investment funds partners Bruce Ettelson and Sam Scarcello and associate Keny Zurita; tax partners Daniel Meehan and Aalok Virmani; regulatory partner Scott Moehrke; and ERISA partner Elizabeth Dyer.