Kirkland Advises Percheron Capital on Closing of $1.55 Billion Fund II at Hard Cap

Kirkland & Ellis advised Percheron Capital, a private equity firm focused on partnering with essential services businesses in North America, on the formation of its second fund, Percheron Capital Fund II (Fund II), with $1.55 billion in total commitments. Fund II was oversubscribed and closed on March 27, 2024 at its hard cap, with commitments from a diverse, global group of institutional investors. Percheron's $770 million previous fund closed at its hard cap in September 2021.

Read Percheron’s press release

The Kirkland team was led by investment funds partners Barry Le Vine and Zeke Couch, with support from investment funds partner Daniel Lavon-Krein and corporate partners Mikaal Shoaib and Karen Flanagan and associates Arman Zadeh, Alex Burt and Jack Baumruk.