Kirkland Advises Valor Equity Partners on $3.4 Billion in Commitments to Valor Funds
Kirkland & Ellis counseled Valor Equity Partners, an operational growth-focused private equity investment firm with $17.5 billion in assets under management, on the final closing of its flagship fund, Valor Equity Partners VI (Fund VI). Fund VI was substantially oversubscribed, closing on $2.35 billion in commitments as compared to the Fund’s $2 billion target, with strong support from existing and new limited partners.
Concurrent with the Fund VI fundraise, Valor also received over $1 billion in new commitments for other Valor managed funds, including Valor Siren Ventures II, a venture fund strategy and the Valor Opportunity Fund, a later stage growth fund, bringing total new commitments during the period to $3.4 billion.
The Kirkland team was led by investment funds partners Chris Kallos and Adam Parks and associates Angelika Pouliezos, Patrick Green, Charlie Gandelman, Olivia Liska and Ross Greenspan; and included investment funds partner Scott Moehrke; tax partners Dan Meehan and Mike Conroy; and ERISA partner Sabrina Glaser.