Kirkland Advises Silversmith Capital Partners on Close of $1.7 Billion Fifth Fund
Kirkland & Ellis advised Silversmith Capital Partners, a growth equity firm focused on supporting the best entrepreneurs in technology and healthcare, in connection with the first and final close of Silversmith Capital Partners Fund V. The fund closed with $1.7 billion in total commitments, including $1.6 billion from limited partners and $110 million from the Silversmith team. This is Silversmith’s fifth fund in 10 years, bringing total capital commitments to over $5 billion and marking a decade of disciplined execution and a founder-first investment strategy. Launched in May 2025, Fund V was oversubscribed and closed at its target and hard cap in three months – continuing the firm’s track record of raising funds quickly and with strong conviction from its investor base. Fund V will make both minority and majority investments in growth-stage technology and healthcare companies.
Read the transaction press release
The Kirkland team included investment funds lawyers Katie St. Peters, Ed Kirby, Anna Umstead and Benno Sauermann; tax lawyer Brandon Short; and investment funds regulatory lawyers Alpa Patel and Mac Laban.
