Kirkland & Ellis represented Integral Group, a Tokyo-based private equity group, in the successful structuring and fundraising of Integral Fund IV, which held its final closing at its hard cap of JPY 123.8 billion on December 4, 2020.
Integral Fund IV is the fourth buy-out fund raised by Integral Group. Integral Fund IV will continue to primarily invest in buy-out opportunities in Japanese mid-market segments. The fund was substantially oversubscribed and received strong support from new and existing investors, including Japanese and international banks, insurance companies, pension funds, endowments, and other prestigious institutional investors.
The Kirkland team was led by investment funds partner Carol Liu and included investment funds partners Justin Dolling, Josh Westerholm and Michael Chu, tax partner Stephen Butler, employee benefits partner Elizabeth Dyer and financial services regulatory partner Adam Skinner.