Kirkland Advises STG Partners on $2 Billion Fundraise for STG VI
Kirkland & Ellis advised STG Partners (“STG”), a leading private equity firm focused on investing in the software, data analytics and software-enabled technology services sectors, on the closing of STG VI (the “Fund”) on $2.0 billion of committed capital, including limited partner commitments of $1.85 billion. The Fund exceeded its $1.5 billion target and was oversubscribed at its limited partner hard cap in approximately four months from formal launch of the fundraise, which was executed as an entirely virtual process.
Read the press release from STG
The Kirkland team was led by investment funds partners Sarah Kirson, Warren Goodworth and Susan Eisenberg and associates Rachel O’Brien, David Wilson, Nathan Judd, Tina Chao and Alexi Warren, and tax partners Dan Meehan and Mike Greenberg.