Kirkland Advises Frontenac on Oversubscribed Fund XII at $520 Million Hard Cap

Kirkland & Ellis counseled Frontenac, a Chicago-based private equity firm, on the closing of its 12th fund, consisting of $520 million of limited partner commitments. The fundraise for Frontenac XII was significantly oversubscribed, exceeding its target of $425 million based on strong support from existing limited partners and the addition of several new investors including endowments, foundations, multi-manager funds, consultants, pension funds and family offices.

Read Frontenac’s  press release here

The Kirkland team was led by investment funds partners Samara Sanderson and Katie St. Peters; and also included investment funds partners Jeffrey Kaplan and Alpa Patel and associate Tomi Olutoye.