Press Release

Kirkland Advises LightBay Capital on Second Private Equity Fund Closing at Over $1 Billion

Kirkland & Ellis advised LightBay Capital (LightBay), a Los Angeles-based private equity firm focused on high-quality service-based middle-market companies, on the formation and successful close of LightBay Investment Partners II LP and its related vehicles (the Fund) with total capital commitments of $1.04 billion. The oversubscribed Fund exceeded its target of $800 million and closed at its hard cap, attracting commitments from a diverse investor group.

Read LightBay’s press release

The Kirkland team was led by investment funds partners Steve Yoo and Justin Solomon and associates Mike D’Andrea, Ugo Nwasike, Meron Bayu and Mary Ramzy; investment funds regulatory partner Matt Cohen; tax partner Joel Peters-Fransen and associate Ally Nelson; investment funds ERISA partner Christine Matott; and financial services regulatory partner Prem Mohan.