Kirkland & Ellis represented Arcline Investment Management LP in the structuring and fundraising of its second flagship fund, Arcline Capital Partners II LP, with aggregate capital commitments of $2.75 billion. Fund II comes approximately two years after Arcline closed on capital commitments of $1.5 billion for its inaugural fund. Arcline’s global investor base is primarily comprised of institutional investors including university endowments, sovereign wealth funds, pension funds, insurance companies, fund-of-funds, family offices and charitable foundations. The fund will enable Arcline to continue its flagship strategy of investing in industrial-focused middle-market opportunities predominantly located in North America.
The Kirkland team was led by investment funds partners David King, Daniel Lavon-Krein and Barry Le Vine and associates Zeke Couch, Jonathan Kashani, Sean O’Connell, Arman Zadeh, Emily Hren, Taylor Magnuson and Zac Mijares-Shafai. The team also included tax partners Lee Morlock and Aalok Virmani and associate Vinita Singh, and investment funds partner Matt Cohen and associate Radhika Kshatriya.