Kirkland Advises Trivest on Closing of Trivest Recognition Fund
Kirkland advised Trivest Partners (Trivest) on the closing of Trivest Recognition Fund (Recognition) at its hard cap with over $1.3 billion of total capital commitments (including Trivest and its affiliates’ commitments) that will seek to generally invest in platform companies with EBITDA above $15 million. Recognition includes a diversified mix of limited partners including endowments, corporate and public pensions, insurance companies, funds of funds, family offices and individuals, including more than 40 founders and CEOs of current and former Trivest investments. Recognition represents Trivest’s twelfth institutional private equity fund and brings Trivest assets under management to approximately $5.5 billion.
The Kirkland team was led by investment funds partners Kevin Lam and Daniel Lavon-Krein. The team included investment funds associates Alec Manfre, Nick O’Donnell, Zoe Wang and Jamie Yatcha; investment funds regulatory partners Alpa Patel and Chris Pristouris; tax partners Lee Morlock and Christopher Odell and associate Ruth Thomson; and financial services regulatory partner Prem Mohan and associate Stefan Nesic.