Kirkland & Ellis advised private investment firm Arctos on the close of Arctos Sports Partners Fund II (“Fund II”), the latest iteration of its flagship sports fund. Fund II, along with co-investment and parallel affiliated vehicles, closed with over $4.1 billion in capital commitments from a diverse group of global investors, including some of the world’s leading pension funds, retirement systems, endowments, insurance companies, family offices and global wealth platforms. Approximately 30% of Fund II’s capital has been deployed across several investments, including Smith Entertainment Group, the holding company that owns Utah Jazz; Harris Blitzer Sports Entertainment, the owner of New Jersey Devils and Philadelphia 76ers; Paris Saint-Germain F.C.; and Aston Martin Aramco Formula One Team. Read the Arctos' press release The Kirkland team was led by investment funds partners Patrick Valenti, Nadia Murad, Sam Scarcello and Jeff Kaplan and associates Margaret Waickman, Ross Greenspan and Heaven Chandler, with involvement from investment funds partners John O’Neil, Daniel Lavon-Krein and John Berger; regulatory partners Alpa Patel and Chris Pristouris; tax partners Don Rocap and Alec Campbell; and employee benefits partner Sabrina Glaser.