Kirkland Advised Francisco Partners on $21 Billion Closing Across Flagship and Agility Funds

Kirkland & Ellis represented Francisco Partners (FP), a leading global investment firm that specializes in partnering with technology companies, on the closing of $21 billion in capital commitments across its Francisco Partners VIII, L.P. flagship fund and Francisco Partners Agility IV, L.P., its middle-market fund. FP exceeded its initial targets of $14 billion and $3.5 billion, respectively. The combined closings mark FP’s largest fundraise in its 27-year history and bring the firm’s total capital raised to more than $75 billion.

Read Francisco Partners’ press release

The Kirkland team included investment funds lawyers Justin Solomon, Michael Lee, Arman Zadeh, Austin Siegemund-Broka, Tim Cory and Oliver Cutbill; investment funds regulatory lawyers Matt Cohen and Radhika Kshatriya; and tax lawyer Michael Alcan.