Jeremy Leggate

Kirkland & Ellis advised Fremman Capital, a pan-European, mid-market investment firm, on closing its debut fund, Fremman I MM and accompanying SMA (together, the “Fund”), raising over €600 million and, together with related co-investment funds, taking total assets under management to over €1 billion. The Fund is the largest first-time pan-European buyout fund raised since 2020, with the formation of the management business and raising of the Fund occurring throughout the COVID-19 pandemic. Read Fremman’s press release The Kirkland team was led by investment funds partners David Pritchett and Jeremy Leggate and associates Ryan Mason and Candice Kwok; financial services regulation partner Zach Milloy; and ESG & impact partner Daniel D’Ambrosio and associate Andy Burnett.

Jul 20

1 min

Kirkland & Ellis advised IK Partners, a leading European private equity firm, with teams across Northern Europe focusing on the mid-market segment, on the sale of a controlling interest in the firm to Wendel, one of Europe’s leading listed investment firms. Read IK Partners’ press release The Kirkland team was led by investment funds partners James King, Jeremy Leggate and Daniel Lavon-Krien and corporate partners Adrian Duncan, Gregory Scott and Ben Hai, and included corporate partners Vincent Ponsonnaille and Emmanuel Enrici; investment funds partner David Pritchett and associates Toby Karenowski, Hannah Wilson and Tejaswini Krishnaprasad; corporate associates Julian Holland and Adam Diouri; tax partner Nadine Gelli and associate Krishan Patel; antitrust & competition partner Mark Gardner; and regulatory partner Julian Hui and associate Kate McDermott.

Oct 30

1 min

Kirkland & Ellis advised FSN Capital, a leading Northern European private equity firm, on the formation of the FSN Capital Compass Fund, which recently held its final closing above its €400 million target. The Compass Fund is a small-cap fund which invests within future-oriented themes that seek to address society’s key challenges over the coming decade, including green transition and knowledge economy. The new strategy is an integrated part of the FSN Capital platform, developed over 25 years and six flagship mid-cap funds. The Compass Fund is considered an Article 8+ fund under the EU Sustainable Finance Disclosure Regulation (SFDR) and will draw on FSN Capital’s industry-leading ESG platform, including established processes for governance, decarbonisation and ESG measurement and reporting. Read FSN Capital’s press release The Kirkland team was led by investment funds partners Jeremy Leggate and Christopher Braunack and associate Oliver Cutbill. The team also included investment funds associate Anouschka Tse and ESG & impact partner Daniel D'Ambrosio.

May 14

1 min

Kirkland & Ellis advised Bowmark Capital, a UK mid-market private equity firm, on the formation of its latest flagship fund, Bowmark Capital Partners VII. The fund was closed at its hard cap with aggregate capital commitments of £900 million, approximately 50% larger than its predecessor. The fund attracted significant demand in excess of capacity, enjoyed a re-up rate of over 100% and held a final close just three months after its first close. The fund will continue Bowmark’s strategy of active investment in high-quality, high-growth businesses in four core areas of the technology sector: data and insight, managed IT services, software and technology-enabled business services. Read Bowmark Capital’s press release The Kirkland team was led by investment funds partners Lorenza Prelz, Jeremy Leggate and Richard Watkins and associates Benjamin Bignier and Fraser Gowan; tax partners Art Ward and Gal Shemer and associates Callum McKinnon and Beatriz Gil; financial services regulatory partners Reva Raghavan and Timothy Nolan; and ESG & impact partner Daniel D’Ambrosio.

Jan 18

1 min