Kirkland Counsels Huron Capital Partners on Formation of $550 Million Fund V
Kirkland & Ellis LLP counseled Huron Capital Partners on the formation of The Huron Fund V L.P. (the Fund), which announced its final closing with $550 million of total limited partner capital commitments. The Fund, which is the sixth investment vehicle for Huron Capital Partners, closed at its hard cap and in excess of its $500 million target. Receiving commitments from a number of top-tier investors, the Fund closed after just three months of marketing. The full release is here.
The Kirkland team was led by investment funds partners Nicholas DiCrescenzo and Bruce Ettelson and associates Zachary Oswald and Michael Wester; and included investment management partner Michael Chu; and tax partner Daniel Meehan.
Kirkland & Ellis is a global leader in providing sophisticated advice to private investment fund sponsors and select institutional investors with respect to all major alternative investment strategies. In the past three years alone, Kirkland has advised nearly 300 private investment fund sponsors, raising more than 400 funds representing in excess of $315 billion of capital commitments.