Kirkland Advises Singerman Real Estate on Closing of SRE Opportunity Fund IV
Kirkland & Ellis advised Singerman Real Estate LLC, a Chicago-based opportunistic real estate investment firm, on the closing of SRE Opportunity Fund IV LP with capital commitments totaling over $800 million. SRE exceeded its target of $700 million and reached Fund IV's hard cap less than six months from launch. Fund IV is capitalized primarily by institutional investors including endowments, foundations, public pensions, corporate pensions, large family offices, consultants and money management firms.
The Kirkland team was led by investment funds partners Brett Saltzman, Kelly Ryan and Nicholas Hemmingsen, and associates Michael Wester, Adam Strayer, Ian Lee, Liza Miadzvedskaya and Ali Raymond; tax partner Stephen Butler and associate Steven Cantor; and employee benefits partner Elizabeth Dyer.