Kirkland & Ellis advised Palatine Private Equity on the recent closing of Palatine Private Equity Fund III. The fund was oversubscribed and held a first and final closing at its hard cap with aggregate capital commitments of GBP220 million.
The fund, which will make investments in the UK regional lower mid-market, accepted commitments from a broad mix of global institutional investors, including endowments, foundations, insurance companies, family offices and fund of funds. More information on the fundraise is available here.
Kirkland has one of the largest and most experienced sponsor-side private funds practices in the world with more than 100 attorneys focused on private funds across 12 offices in six time zones. The Firm has represented approximately 430 private equity sponsors in raising more than USD570 billion of capital for more than 800 funds since 1995.
Kirkland & Ellis LLP is a 1,600-attorney law firm representing global clients in complex private funds, corporate/M&A, restructuring and tax, litigation and dispute resolution/arbitration, and intellectual property and technology matters. The Firm has offices in London, Beijing, Chicago, Hong Kong, Houston, Los Angeles, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, DC.
