Kirkland Advises General Catalyst on Closing of Fund XI at $4.6 Billion

Kirkland & Ellis advised General Catalyst Group Management, LLC (“General Catalyst”), a leading venture capital firm, on the closing of its eleventh flagship fund group (“Fund XI”), which raised $4.6 billion, consisting of a “Creation Fund” ($800 million), “Ignition Fund” ($1.1 billion) and “Endurance Fund” ($2.7 billion).  Fund XI represents General Catalyst’s largest fundraise to date. 

Read the General Catalyst press release

The Kirkland team was led by investment funds partners Daniel Lavon-Krein, Matthew Smith, Jonathan Lipnick and Matthew Block, with involvement from investment funds regulatory solutions partner Alpa Patel, tax partner Lee Morlock, financial services regulatory partner Prem Mohan, investment funds associates Charles Chen, Mat Eapen, Sarah Anischik, John Kostelnak, Soo Young Hong, Ben Turin, Daniel Sylvia and Thomas Kelley, investment funds regulatory solutions associate Chris Pristouris, tax associates Steven Cantor and Natalie Kannan and law clerk Afsha Lakdawala.