Kirkland Advises Align Capital Partners on Close of Two Funds Totaling More Than $1.1 Billion
Kirkland & Ellis advised Align Capital Partners on the simultaneous closings of its fourth private equity fund, Align Capital Partners Fund IV, LP (ACP IV), and second independent sponsor focused fund, Align Collaborate Fund II, LP (Collaborate II). Align began fundraising in April 2026 and had a final close on June 15, reaching $770 million in commitments for ACP IV and $375 million in commitments for Collaborate II, with each fund closing at its respective hard cap. The Align team is collectively the largest investor in ACP IV and Collaborate II, reinforcing alignment across all the firm’s stakeholders. Since the firm’s founding in 2016, Align has invested in 40 platform companies, completed 145 add-on acquisitions and exited 13 investments.
The Kirkland team included investment funds lawyers Dan McQuade, Michael Wester, Derek Thomas and Jacob Sandy; investment funds regulatory lawyers Josh Westerholm and Hannah Cloh; and tax lawyers Dan Meehan, Liz Ji and Ethan Matthews.
