Kirkland Advises Pollen Street Capital on £1 Billion Capital Raise

Kirkland & Ellis advised London-based Pollen Street Capital on the raising of over £1 billion ($1.3 billion; €1.2 billion) in capital comprising its flagship private equity fund, PSC IV, at its £700 million hard cap and surpassing its initial target of £600 million.  Pollen Street also raised more than £150 million in co-investment capital and more than £185 million for PSC Accelerator, a dedicated top-up fund, which also serves as a continuation fund for certain assets from its prior vehicles. 

The Kirkland team was led by investment funds partners Richard Watkins and Sophie Smith and associates Faisal Obeidat, Ryan Foxwell, Stephen Giblin, Jamie Thomson and Rhett McPhie, tax partners Ian Ferreira and Philip Cooke, associates Loviisa Langdon, Fraser Eccles and Varnika Chawla and financial services regulatory partners Adam Skinner, Joshua Westerholm and Zach Milloy.