Kirkland & Ellis advised Peak Rock Capital LLC ("Peak Rock"), a leading middle-market private investment firm, on the closing of Peak Rock Capital Fund III LP and its parallel funds (collectively, "Fund III" or the "Fund"). Fund III substantially exceeded its target of $1.3 billion and was over-subscribed, closing at its hard cap on $2.0 billion of limited partner commitments. Peak Rock's predecessor fund, Fund II, closed on $1.3 billion of commitments in 2017 and its inaugural fund closed on over $700 million in 2013.
The Kirkland team was led by investment funds partners Kevin Wessel and John Muno and associates Nathan Jimenez and Eric Scharphorn. The team also included investment funds associates Camille Mott and Omotunde Okesanya, and tax partners Dan Meehan and Paul Patrow and associate Grace Bridwell.