Kirkland & Ellis advised Nordic Capital, a leading European private equity investor, on the recently closed Nordic Capital Fund XI. The fund was closed at its hard cap with aggregate capital commitments of €9 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 selectively in industrial and business services. The fund raising exceeded its €8 billion target and was raised in nine months.
The Kirkland team was led by investment funds partners Anand Damodaran, Amy Fox, Andrea Renold, Alex Brodkin, Agne Eriksson, Aisling Campbell, Lorenza Prelz and Christopher Braunack and associates Alex Clarke, Ediz Osman, Matthew Pollock, Natalie Healy, Richard Hughes, Tom Clucas, Luke Redstone, Anton Trofimchenko and Tom Colverd, and included tax partners David Grenker, Ian Ferreira, Justin Barbosa and Shimaela Anwar and associates Christine Fauroux, Ted Meddick-Dyson, Koko Xu and Ashley Flor, financial services regulatory partners Prem Mohan and Joshua Westerholm and associates Tim Nolan and Hannah Cloh and ERISA partner Sabrina C. Glaser.