Kirkland Advises Paine Schwartz on Close of $1.7 Billion Agribusiness-Focused Fund VI
Kirkland & Ellis advised private equity firm Paine Schwartz Partners on the close of its $1.7 billion Paine Schwartz Food Chain Fund VI L.P. (“Fund VI”), which exceeded the fundraising target of $1.5 billion. Fund VI, which will focus exclusively on sustainable investments in the food and agribusiness sector, is 17% larger than the firm’s $1.4 billion Fund V. Paine Schwartz has already deployed approximately 40% of Fund VI, including investments in AgroFresh Solutions, Costa Group, Elemental Enzymes, HGS BioScience and Monterey Mushrooms.
Read Paine Schwartz’s press release
The Kirkland team was led by investment funds partners Jeff Kaplan, Seth Fishman, Michael Lee and Paul Caruso and associates Michael Shea and Wes Gangi, tax partners Stanley Ramsey and Philip Cooke and investment funds regulatory partner Alpa Patel.