Kirkland Represents 5th Century Partners on Final Close of Fund II Above Target at $276 Million
Kirkland & Ellis advised 5th Century Partners (5CP), a purpose-driven private investment firm that partners with healthcare and business services companies that have outsized growth potential, on the final close of its second fund (Fund II) above target at $276 million in total commitments, nearly double the size of its predecessor fund. Fund II received strong support from a diverse group of both new and existing investors, including endowments and foundations, corporate and public pension plans, insurance companies and family offices. With the closing of Fund II, 5CP now manages over $550 million across its funds and co-investment vehicles since launching in 2020.
The Kirkland team included investment funds lawyers Dave Stults, Stacia Lee and Justin Frumm.
