Kirkland & Ellis advised Nordic Capital, a leading European private equity investor, on the recently closed Nordic Capital Fund X. The fund was closed at its hard cap with aggregate capital commitments of €6.1 billion (including sponsor commitment). The fund will focus on buyouts in Nordic Capital’s focus sectors of healthcare, technology and payments, and financial services, as well as in industrial and business services. The fund was oversubscribed, with demand from investors significantly exceeding the hard cap, and was raised in less than six months in a completely virtual capital raising process.
The Kirkland team was led by investment funds partners Anand Damodaran, Andrea Renold, Alex Brodkin and Christopher Braunack and associates Aisling Campbell, Aaron Hunt, Anan Ju, Ediz Osman, Saleem Richmond, Natalie Healy and Marieta Saktorova, and included tax partners David Grenker, Ian Ferreira, Justin Barbosa and Frazer Money, and associates Amanda Milhet, Christine Fauroux, Tabatha Bergin and Felicity Blackburn, regulatory partners Lisa Cawley, Prem Mohan and Joshua Westerholm, and associates Callum Wright, Arnold Krutilins and Tim Nolan, and ERISA partner Elizabeth Dyer.