Kirkland Advises Montrose Lane on Final Close of Second Fund with $64 Million in Capital Commitments

Kirkland & Ellis counseled Montrose Lane on the final close on its second fund with total capital commitments of $64 million, double the size of its first fund. Investors in Fund II include legacy Fund I investors, new institutional investors, and strategic corporations. Montrose Lane was founded in 2017 and has since raised approximately $100 million in aggregate capital commitments and invested in ten portfolio companies. Montrose Lane is continuing to invest in existing and new portfolio companies out of its second fund. Cottonwood Venture Partners, an investment firm partnering with technology companies that provide software solutions for the broad energy industry, also announced that it has changed its name to Montrose Lane.

Read Montrose Lane’s press release

The Kirkland team was led by investment funds partner Matt Nadworny and associate Nathan Wolcott;  and tax partner Steve Butler.