Kirkland Advises Bowmark Capital on £900 Million Seventh Flagship Fund

Kirkland & Ellis advised Bowmark Capital, a UK mid-market private equity firm, on the formation of its latest flagship fund, Bowmark Capital Partners VII. The fund was closed at its hard cap with aggregate capital commitments of £900 million, approximately 50% larger than its predecessor. The fund attracted significant demand in excess of capacity, enjoyed a re-up rate of over 100% and held a final close just three months after its first close. The fund will continue Bowmark’s strategy of active investment in high-quality, high-growth businesses in four core areas of the technology sector: data and insight, managed IT services, software and technology-enabled business services.

Read Bowmark Capital’s press release

The Kirkland team was led by investment funds partners Lorenza Prelz, Jeremy Leggate and Richard Watkins and associates Benjamin Bignier and Fraser Gowan; tax partners Art Ward and Gal Shemer and associates Callum McKinnon and Beatriz Gil; financial services regulatory partners Reva Raghavan and Timothy Nolan; and ESG & impact partner Daniel D’Ambrosio.