Jeremy Leggate, Christopher Braunack, Oliver Cutbill, Anouschka Tse, Daniel D'Ambrosio
January 22, 2026
Kirkland Advises FSN Capital on €400 Million Compass Fund

1 min
AI-made summary
- Kirkland & Ellis advised FSN Capital on the formation of the FSN Capital Compass Fund, a small-cap fund that recently closed above its €400 million target
- The Compass Fund focuses on investments in future-oriented themes such as green transition and the knowledge economy, and is integrated into FSN Capital’s broader platform
- Classified as an Article 8+ fund under the EU SFDR, it utilizes FSN Capital’s ESG platform for governance, decarbonisation, and ESG reporting.
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.
Article Author
Jeremy Leggate, Christopher Braunack, Oliver Cutbill, Anouschka Tse, Daniel D'Ambrosio
The Sponsor
