Alpa Patel, P.C.

Kirkland & Ellis advised Vista on a $460 million continuation fund transaction involving the restructuring and sale of Vista Credit Opportunities Fund II, L.P., a 2016 vintage, which holds a portfolio of credit assets, to a newly formed continuation fund backed by Pantheon, a global private markets investor. The portfolio primarily consists of first-lien loans for companies in the technology space. The Kirkland team included investment funds lawyers Társis Gonçalves, Stephanie Berdik, John Senior, Kyle Garry, Richard Hughes, David Melvin, Hugh Oliver, Wilhelm Dietz, and Caitie Manuel; tax lawyers Elie Zolty, Allison Bray and Peter Berry; investment funds regulatory lawyers Alpa Patel, Christopher Pristouris, Tiffany Kwok, Julian Hui, Deirdre Haugh, Natalia Pszenny, Olivia Bolton, and Irena Efstathiou; transactional liability lawyer Jessica Sicsu; antitrust & competition lawyers Mark Gardner, Michael Thorpe and Marin Boney; and derivatives lawyer Scott Gordon.

Nov 26

1 min

Kirkland & Ellis advised Trivest Partners on the close of Trivest Growth Investment Fund III (TGIF III) at $730 million of total capital commitments, which includes the commitments from Trivest and its affiliates. TGIF III was meaningfully oversubscribed primarily due to the strong support of Trivest’s current investor base and was largely completed in a single close, less than 60 days from initial launch. The limited partners for the fund include endowments, corporate pensions, insurance companies, funds of funds, family offices and individuals. TGIF III represents Trivest’s thirteenth institutional private equity fund and brings Trivest assets under management to approximately $6.1 billion following TGIF III’s closing. Read the transaction press release The Kirkland team included investment funds lawyers Kevin Lam, Daniel Lavon-Krein, Alec Manfre, Alice Palkovitz, Jamie Yatcha, Judy Lin, Bill Xu and Daphne Zhao; investment funds regulatory lawyers Alpa Patel, Chris Pristouris and Lena Yoon; and tax lawyers Lee Morlock, Chris Odell and Grace Bridwell.

Oct 22

1 min

Kirkland & Ellis represented Vision Ridge Partners, a sustainable real assets investor, on the successful close of Sustainable Asset Fund IV (SAF IV), which between the Fund and related vehicles, raised approximately $2.4 billion of capital commitments, marking Vision Ridge’s largest fundraise to date. The Fund focuses on Vision Ridge’s mission of combating climate change while delivering strong financial returns by targeting investments across the energy, transportation, and agriculture sectors. The close of SAF IV follows the $1.25 billion close of SAF III in April 2021 and $700 million close of SAF Annex Fund in January 2023. Read Vision Ridge’s press release The Kirkland team included investment funds lawyers Susan Eisenberg, Daniel Lavon-Krein, Juliet Anderson, Susan Czaikowski, Anna Baxendale, Andrew Juergens, Carson Hunt, Ally Relat and Heath Stephenson; tax lawyers Steve Butler, Leah Patrick and Tex Adkins; investment funds regulatory lawyers Alpa Patel, Jennifer Kim-Gagne and Xiao-Hong Jing; sustainability lawyers Paul Barker and Dan D’Ambrosio; financial services regulatory lawyers Tom Woodhead and Olivia Bolton; investment funds ERISA lawyer Sabrina Glaser; and litigation lawyer Nick Niles.

Feb 11

1 min

Kirkland & Ellis advised Bain Capital Real Estate on the fundraising and closing of Bain Capital Real Estate Fund III, with approximately $3.4 billion in total commitments, as well as Bain Capital’s recent $1.6 billion capital raise alongside 11North Partners, which will invest through their co-owned, open-air, necessity-based retail operating platform. Together, these raises, along with additional co-investments, represent more than $5 billion of investible capital across Bain Capital Real Estate strategies. Read Bain Capital’s press release The Kirkland team included investment funds lawyers Brett Saltzman, Kyle Garry, Erica Berthou and Kelly Ryan; tax lawyers Mike Beinus and Justin Barbosa; and investment funds regulatory lawyer Alpa Patel.

Jan 21

1 min

Kirkland & Ellis represented General Catalyst in raising approximately $8 billion of new capital, including around $4.5 billion for its core GC XII VC funds focused on seed and growth equity, $1.5 billion for its GC XII Creation strategy and $2 billion of separately managed accounts. General Catalyst is a global investment and transformation company that seeks to partner with the world’s most ambitious entrepreneurs to drive transformation, resilience and applied AI. The closing was announced on October 24, 2024. Kirkland recently advised General Catalyst in connection with its combinations with La Famiglia and Venture Highway, to broaden General Catalyst’s support of founders at the seed stage. Read General Catalyst’s press release The Kirkland team was led by investment funds lawyers Jonathan Lipnick, Daniel Lavon-Krein, Mat Eapen, David Holland, Steve Yoo, Anna Umstead, Thomas Kelley, and Afsha Lakdawala Chowdhury; investment funds regulatory lawyers Alpa Patel and Chris Pristouris; and tax lawyers Lee Morlock, Brandon Short and Steven Cantor.

Oct 25

1 min