Brian Delaney

Kirkland & Ellis advised Tailwater E&P, the upstream platform of Tailwater Capital, in connection with its acquisition of a significant non-operated working interest asset package in the Permian Basin from Accelerate Resources. The acquired assets include more than 5,000 net leasehold acres in the core of the Midland and Delaware Basins, and currently produce more than 5,000 net barrels of oil equivalent per day. Read the transaction press release The Kirkland team was led by corporate partners Kevin Crews, Thomas Laughlin and Jacqueline Scioli; investment funds partners Matt Nadworny and Brian Delaney; and tax partner Steve Butler.

Oct 1

1 min

Kirkland & Ellis advised Growth Catalyst Partners (“GCP”), a leading middle market private equity firm that focuses on building leading information, marketing and tech-enabled services platform companies in rapidly growing vertical markets, on the closing of its second investment fund, GCP II, at its amended hard cap of $270 million. GCP II had a $200 million target and received commitments in excess of its hard cap. Read the GCP press release The Kirkland team was led by investment funds partners Brian Delaney and John Muno and associate Grace Duke, and investment funds regulatory partner Nick Hemmingsen.

Apr 25

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 private equity firm Incline Equity Partners on the close of Incline Equity Partners VI, L.P., which was announced on October 12, 2023. The fund closed with more than $1.9 billion of aggregate capital commitments, which was significantly above the initial fundraising target. The fund will follow Incline’s strategy of investing in Durable Businesses with Multiple Ways to Win™ across the value-added distribution, business services and specialized light manufacturing sectors. Read Incline’s press release The Kirkland team was led by investment funds partners Brian Delaney, Katie St. Peters and Eric Scharphorn and associates Aura Gilham and Jordan Keeton; investment funds regulatory partners Josh Westerholm and Christopher Scully; and tax partners Dan Meehan and Christopher Odell.

Oct 12

1 min

Kirkland & Ellis advised SR One, a transatlantic life sciences investment firm, on the closing of its second fund (Fund II) at over $600 million, substantially exceeding its target of $500 million. Fund II is the second fund since SR One spun out from GlaxoSmithKline in 2020 to form a fully independent investment firm. The diverse investor base of existing and new limited partners includes endowments, foundations, pharmaceutical companies, pension funds, sovereign wealth funds and family offices. Read SR One’s press release The Kirkland team was led by investment funds partners Jean Jeong, Brian Delaney, Katie St. Peters and Ted Ughetta and associates Sarah Nolan and Soo Young Hong and tax partner Steve Butler and associate Grant Newman.

Mar 28

1 min