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January 23, 2026
Kirkland Advises Vista on $460 Million Continuation Fund

1 min
AI-made summary
- 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 fund holding a portfolio of credit assets, to a newly formed continuation fund supported by Pantheon
- The portfolio mainly comprises first-lien loans to technology companies
- The Kirkland team included lawyers specializing in investment funds, tax, regulatory matters, transactional liability, antitrust and competition, and derivatives.
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.
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