Kirkland Advises Turn/River Capital on Close of $2.5 Billion Fund VI

Kirkland & Ellis advised leading software private equity firm Turn/River Capital on the close of Turn/River Capital Fund VI with $2.5 billion in total commitments. Fund VI was oversubscribed, hitting its hard cap with strong demand from existing and new limited partners. Turn/River has a concentrated portfolio of 19 platform companies, 14 of which have been realized. Most recently Turn/River sold Redwood Software to Vista Equity Partners and Warburg Pincus in December 2024 and signed a definitive agreement to take SolarWinds private for $4.4 billion in enterprise value in February 2025.

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The Kirkland team included investment funds lawyers Justin Solomon, Brook Sutton, Ted McBride, Irene Jeon, Kristie Kang, Christina Fallon, Ryan Sakazaki and Jamie Zhang; investment funds regulatory lawyers Matt Cohen and Leland Langston; and tax lawyers Michael Alcan, Pamela Ho and Lisa Chen.