Kirkland Advises Vance Street Capital on Oversubscribed Fund IV at $775 Million
Kirkland & Ellis advised Vance Street Capital, a Los Angeles-based private equity firm focused on investments in North America based companies which provide highly engineered solutions to their customers, on its first and final close of Vance Street Capital IV. Fund IV, which began marketing in January 2024 with a target of $550 million, was significantly oversubscribed and closed in April 2024 at its hard cap of $775 million. Fund IV will continue Vance Street's strategy of partnering with founder-owned companies, multi-generational family businesses and corporate carve-outs in critical B2B manufacturing businesses across the medical, life science, industrial technology and aerospace & defense sectors.
Read Vance Street’s press release
The Kirkland team was led by investment funds partners Richard Shamos and Justin Solomon and associate Tim Cory; tax partner Alec Campbell; and corporate partner Cory Baird.