Matt Nadworny, Ian Jelsma, Chris Scully, Sabrina Glaser, Nathan Wolcott, Tomi Olutoye, Jennifer Kim-Gagne, Steve Butler, Grant Newman
January 24, 2026
Kirkland Advises Formentera on Oversubscribed Closing of $828.5 Million Fund II

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- Kirkland & Ellis advised Formentera Partners and its Formentera Partners Fund II, LP, which closed with $828.5 million in capital commitments, surpassing its $600 million target
- The fund received backing from a range of new and existing investors, including pension plans, asset managers, endowments, foundations, family offices, and high net worth individuals
- Formentera Partners focuses on acquiring and optimizing onshore oil and gas assets
- The Kirkland team included several partners and associates.
Kirkland & Ellis counseled Formentera Partners and its Formentera Partners Fund II, LP, which closed oversubscribed with $828.5 million in capital commitments, exceeding its $600 million target with support from a diverse group of new and existing investors, including pension plans, asset managers, endowments, foundations, family offices and high net worth individuals. Formentera is a leading energy-focused private equity firm that acquires and optimizes onshore producing oil and gas assets and strategically develops assets under management. Read Formentera’s press release The Kirkland team was led by investment funds partners Matt Nadworny and Ian Jelsma; and included investment funds partners Chris Scully and Sabrina Glaser and associates Nathan Wolcott, Tomi Olutoye and Jennifer Kim-Gagne; and tax partner Steve Butler and associate Grant Newman.
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Matt Nadworny, Ian Jelsma, Chris Scully, Sabrina Glaser, Nathan Wolcott, Tomi Olutoye, Jennifer Kim-Gagne, Steve Butler, Grant Newman
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