Kirkland Advises Varsity Healthcare Partners on Closing of Oversubscribed Fund IV at $700 Million
Kirkland & Ellis advised Varsity Healthcare Partners (VHP), a lower middle-market private equity firm focused on healthcare services, on the final closing of Varsity Healthcare Partners IV (VHP IV) with total capital commitments of $700 million. VHP IV had a $600 million target and received commitments in excess of its initial hard cap of $650 million. VHP IV attracted a diverse mix of U.S. and international institutional clients, including insurance companies, pensions, endowments, foundations and sovereign wealth funds.
The Kirkland team was led by investment funds partners Daniel McQuade and Ryan McNish and associates Stacia Lee and Charlie Gandelman.
