Kirkland Advises Clearlake Capital on Close of Seventh Flagship Private Equity Fund with More Than $14.1 Billion in Capital Commitments

Kirkland & Ellis advised Clearlake Capital Group, L.P. (Clearlake), an investment firm that focuses on technology, industrials, and consumer industries, on its completion of fundraising for its seventh flagship private equity fund, Clearlake Capital Partners VII (Fund VII), with more than $14.1 billion in commitments. With an initial target of $10 billion, Fund VII reached its hard cap and was significantly oversubscribed including commitments from the General Partner and affiliates.

Read the Clearlake press release

The Kirkland team was led by investment funds partner Nicole Washington, and included investment funds partners Steve Yoo, Nadia Murad and Michael Lee, investment funds regulatory partner Alpa Patel and tax partner Joel Peters-Fransen. The team also included tax partners Alec Campbell and Daniel Hiemer, employee benefits partner Erica Rozow, financial services regulatory partners Lisa Cawley and Colin Sharpsmith, government, regulatory & internal investigations partner Nick Niles, banking regulatory of counsel Julie Kunetka, investment funds associates Aura Gilham, Nicholas Styles, Katy Kim, Ted McBride, Lesedi Mbatha, Bree Prince, Divya Suwasini and Taylor Magnuson, and tax associates Erin Mitchell, Michael Alcan, Ally Nelson, Andrew Chan, Tobias Stuppi and Allison Bray.