Katie A. St. Peters, P.C.

Kirkland & Ellis advised HGGC, LLC, a values-driven, partnership-focused middle-market private equity firm, on the final closing of its fifth fund, HGGC Fund V, with approximately $3.2 billion in total capital commitments. The Fund was oversubscribed and secured investor commitments in approximately twelve months, meaningfully exceeding its target of $2.5 billion and original hard cap of $2.8 billion. Read HGGC’s press release The Kirkland team included investment funds lawyers Katie St. Peters, Michael Lee, Sean O’Connell, David Kim and Zachary Scott Roemer; investment funds regulatory lawyer Matt Cohen; and tax lawyer Dan Meehan.

Feb 25

1 min

Kirkland & Ellis advised Thoma Bravo on its acquisition of majority stake in Hypergene, a Swedish SaaS company for planning and performance management, from Monterro, the leading B2B software investor in the Nordics, and other minority shareholders. Read Thoma Bravo’s press release The Kirkland team was led by corporate partners Vincent Bergin and David Higgins and associate Dan Sarkin. The team also included debt finance partner Kirsteen Nicol and associate Adrian Kilercioglu; tax partner Peter Abbott; investment funds partners Katie St. Peters and Amy Fox and associate Luke Scott; and antitrust & competition partner Shahrzad Sadjadi.

Dec 14

1 min

Kirkland & Ellis advised Clearhaven Partners LP (Clearhaven), a Boston-based software specialist private equity firm, on the closing of its sophomore fund, Clearhaven Fund II, L.P. (Fund II), at more than $580 million of capital commitments. The close was announced on December 20, 2023. Fund II closed at its hard cap approximately two years following the closing of its debut fund. Clearhaven pursues investments in growing lower middle market software and technology companies with revenues of approximately $20 million to $100 million. Read Clearhaven’s press release The Kirkland team was led by investment funds partners Katie St. Peters and Brian Delaney and associates Erica Sims and Brianna Tsutsui; investment funds regulatory partner Alpa Patel and associate Danielle Sartain; and tax partner Mike Greenberg.

Dec 21

1 min

Kirkland & Ellis advised Pfingsten on the formation of its Pfingsten Fund VI, which includes $435 million of total capital commitments, surpassing the initial $350 million target. The commitments came from a diversified global investor base of family offices, endowments, foundations, consultants, asset managers, insurance companies and high-net-worth individuals, including former portfolio company executives and family-founder partners. Pfingsten focuses on investments in entrepreneur and family-owned lower middle market manufacturing, distribution and business services companies with transaction values ranging from $15 to $100 million. Read Pfingsten’s press release The Kirkland team is led by investment funds partners Adam Parks and Katie St. Peters and associates Angelika Pouliezos and Jordyn Sindt, tax partner Christopher Odell, and investment funds regulatory partner Nicholas Hemmingsen.

Oct 19

1 min