Kirkland Advises Thompson Street on its Single-Asset Continuation Fund

Kirkland & Ellis represented private equity firm Thompson Street Capital Partners (TSCP) on the completion of its single-asset continuation fund transaction. The continuation fund acquired one of TSCP’s strongest performing assets, Gurobi Optimization, from TSCP IV. The transaction is TSCP’s second continuation fund and was led by Hamilton Lane and StepStone Group, and supported by a diverse group of high quality new and existing investors. The transaction was announced on September 18, 2024.

Read the transaction press release

The Kirkland team was led by investment funds partners Eric N. Fischer, Sam Scarcello and William Koch and corporate partner Kyle McHugh, and included investment funds partner John Muno; corporate partner Ted Frankel; investment funds associates Tahanna Byatt, Evan Merritt, Jordyn Sindt, Afsha Lakdawala Chowdhury and Justin Frumm; corporate associates Joshua Cowin, Becky Henz and Chris King; tax partners Dan Meehan and Mike Conroy and associate Michael Thurston; investment funds regulatory partner Nick Hemmingsen and associates Danielle Sartain and Felix Jen; and investment funds ERISA partner Christine Matott.