Kirkland Advises Citation Capital on Closing Inaugural Fund with $1.2 Billion in Total Commitments

Kirkland & Ellis advised private equity firm Citation Capital on the final closing of its inaugural fund, Citation Fund I. The fund was oversubscribed, reaching its hard cap of $1.1 billion in third-party limited partner commitments with additional commitments from the GP and affiliates, bringing total investable capital in Fund I to $1.2 billion. Inclusive of co-invest capital, Citation manages $2.1 billion AUM.

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The Kirkland team included investment funds lawyers Erica Berthou and Laura Stake.