Overview

Mark Boyagi is a partner in the Investment Funds Practice Group in the New York office of Kirkland & Ellis LLP. Mark is a leader in the Firm’s industry-renowned Liquidity Solutions team, which is ranked Band 1 in the 2024 edition of Chambers USA. Mark's practice focuses on advising sponsors and lead investors in connection with complex business transactions in the private funds secondary market, including continuation fund transactions, portfolio sales, structured secondaries, stapled secondaries, preferred equity arrangements, fund recapitalizations, strip-sales, tender offers and other liquidity solutions. He also frequently advises sponsors on the formation of private investment funds, co-investment programs, strategic partnerships and separately managed accounts, covering all major alternative investment strategies, as well as firm-level arrangements, succession planning and regulatory matters. Mark was most recently recognized by Lawdragon as a 2025 “Leading Global Entertainment, Sports & Media Lawyer,” Law360 as a 2024 “Rising Star” in Fund Formation, and in 2022 & 2023 by The Legal 500 U.S. for Private Equity Funds (Including Venture Capital).

Mark is well-known across the market for frequently advising on the largest and most complex continuation vehicle transactions in the world. In the last 12 months alone, Mark has advised on more than $25 billion of total continuation fund transaction volume.

Representative Clients

ABRY, Alpine Investors, Arcline, Atlantic Street, Bain Capital, Berskire Partners, Blue Owl, Blackstone, Charlesbank, Centerbridge Partners, HarbourVest Partners, Harvest Partners, Hildred Capital Partners, JMI Management, KKR, L Catterton, LSV Advisors, Macquarie Asset Management, ONCAP, Onex Partners, Quantum Capital Group, Riverstone, Seidler Equity Partners, Silver Lake, Strategic Value Partners, TPG, Trilantic Capital Partners, Vance Street, Warburg Pincus and Wind Point Partners.

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Thought Leadership

Speaking Engagements

Panelist, “Setting the pace for GP-led secondaries,” Private Equity International: NEXUS 2025, March 2025

Panelist, “GP-leds, LP-leds, GP stakes, co-mingled funds: choosing the right strategy,” SuperReturn North America, November 2024

Moderator, “Are continuation funds on the path to continual growth?” Private Equity International: NEXUS 2024, March 2024

Moderator, “A Sponsor’s Perspective on GP-Leds,” Kirkland & Ellis Liquidity Solutions Summit, October 2023

Publications

Quoted, “Private Equity’s ‘Fourth Exit’ Crimped by SEC Plan, Lawyers Say,” Bloomberg Law, May 2023

Quoted, “Multi-fund, multi-asset GP-leds see growing interest,” Secondaries Investor, March 2023

Quoted, “In It for the Long Haul: Continuation Funds on the Rise,” Middle Market Growth, January 2023

Recognition

Recognized by Lawdragon as a “Leading Global Entertainment, Sports & Media Lawyer,” 2025

Recognized by The Hollywood Reporter as a “Top Dealmaker of 2024,” 2024

Recognized by Law360 as a “Rising Star” in Fund Formation, 2024

Recognized in Legal 500 U.S. for Private Equity Funds (Including Venture Capital), 2022–2023

Credentials

Admissions & Qualifications

  • New York

Education

  • University of New South Wales Faculty of LawBachelor of Lawswith Honors
  • University of New South WalesB.Com.with Distinction