Kirkland Counsels Huron Capital Partners on Formation of $142 Million Flex Equity Fund
Kirkland & Ellis LLP counseled Huron Capital Partners on the formation of The Huron Flex Equity Fund, L.P. (the Fund), which announced its final closing with $142 million of total capital commitments, beating its $100 million target. The Fund will make non-control investments in the lower middle market and intends to provide customized and flexible solutions to help business owners accomplish a variety of growth and liquidity objectives. The Fund’s limited partners include endowments, foundations, multi-manager funds, corporate pensions and family offices. Read the company’s press release 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 is a global leader in providing sophisticated advice to investment fund sponsors, institutional investors and other market participants in the alternative investment fund space. Kirkland offers clients the unsurpassed resources of a large, integrated, multidisciplinary, global team located across offices in the United States, Europe and Asia-Pacific. With more than 260 dedicated Investment Funds attorneys, including over 100 partners, few firms approach the breadth, depth and scope of Kirkland’s experience in investment funds legal services. In the past three years alone, Kirkland has advised nearly 300 private investment fund sponsors, raising more than 400 funds representing in excess of $440 billion of capital commitments.