Kirkland Advises CORE on Closing of Two New Funds Totaling $887 Million
Kirkland & Ellis counseled CORE Industrial Partners (CORE), a manufacturing, industrial technology, and industrial services-focused private equity firm, on the closing of $887 million in capital commitments between its $685 million flagship fund, CORE Industrial Partners Fund III, L.P. and its parallel fund (Fund III) and $202 million in its new offering, CORE Industrial Services Fund I, L.P. and its parallel fund (Services Fund I) with both funds exceeding their targets. In the past five years, CORE has raised more than $1.58 billion of total limited partner commitments dedicated to investing in the industrial sector.
The Kirkland team was led by investment funds partners Jeff Kaplan, David Stults and Patrick Valenti and associates Anna Metzger, Sean Linehan and Alice Palkovitz; tax partners Dan Meehan and Christopher Odell; regulatory investment funds partners Josh Westerholm, Reed Schuster and Vanessa Walters; and ERISA investment funds partner Christine Matott.