Kirkland advises Vitruvian on closing of fourth fund at €4 Billion

Kirkland & Ellis advised leading International private equity firm Vitruvian Partners on the closing of VIP IV, one of the largest funds in the market focused on supporting high growth companies in the middle market. With a primary focus in Europe, VIP IV has a global reach with the ability to support businesses seeking assistance with international expansion. The fund was oversubscribed and reached its hard cap in under three months.

The Kirkland team was led by London investment funds partners Amala Ejikeme and Richard Watkins; tax partners Ian Ferreira, Frazer Money and Alec Campbell; and financial services regulatory partners Lisa Cawley and Prem Mohan. The US team was led by investment funds partners Joshua Westerholm and Christopher Scully; and employee benefits partner Elizabeth Dyer.

Kirkland & Ellis LLP is an American law firm. Founded in 1909 in Chicago, Illinois, Kirkland is the largest law firm in the world by revenue, and the seventh largest by its number of attorneys. Kirkland is the first law firm in the world to reach US$4 billion in revenue and the largest firm by revenue globally.

Kirkland Advises Sterling Group’s $2 Billion Oversubscribed Fund V

Kirkland & Ellis counselled The Sterling Group, an operationally focused middle market private equity firm, on the closing of Sterling Group Partners V, LP (together with its parallel fund, “Fund V”). Fund V was oversubscribed and closed at its $2 billion hard cap. The majority of Fund V’s capital was committed by returning investors. In addition, The Sterling Group, welcomed several new investors that expanded the firm’s investor base in the United States, the Middle East and Asia.

Read the company press release from Sterling Group

The Kirkland team was led by investment funds partners Matt Nadworny and Brian Delaney and associates Christine Wilson, Samara Sanderson, Nathan Wolcott, Nathan Judd and Josh Wilson; tax partner Stephen Butler and associate Victoria Chang; and employee benefits partner Liz Dyer.

Ashurst Law Firm Grows Milan Private Equity Practice

Private equity is an alternative form of private financing, away from public markets, in which funds and investors directly invest in companies or engage in buyouts of such companies. Private equity firms make money by charging management and performance fees from investors in a fund.

Ashurst law firm announces the appointment of partner Fabio Niccoli to lead the private equity offering in Milan.

Ashurst is a multinational law firm headquartered in London. It has 27 offices in 15 countries apart from the United Kingdom, across Asia, Australia, Europe, the Middle East and North America, and employs around 1600 legal advisers.

Fabio joins from CDP Equity, where he has been general counsel since 2012, having been responsible for the set-up of the entire legal structure of the business. A highly regarded and technical lawyer, Fabio has over 20 years of experience across both private practice and in-house.

Recognised in the GC Powerlist of the most influential general counsel in Italy by The Legal 500, Fabio has advised on a number of high-end private mergers and acquisitions and private equity deals, with a particular focus on the Italian mid-cap market.

He began his career at Bonelli Erede Pappalardo.

He has also worked at Gianni Origoni Grippo Cappelli & Partners, before joining the newly-founded firm Labruna Mazziotti Segni contributing to its start-up and becoming a partner in the mergers and acquisitions and private equity practice.

Carloandrea Meacci, Milan office managing partner said: “This is a significant development for our practice in Milan – we are able to offer first-rate private equity expertise to complement our market-leading offering in all areas of infrastructure and energy mergers and acquisitions.

Fabio is an excellent practitioner with a unique background and he will play a key role in helping us realise our strategy to operate a high performing integrated European corporate mergers and acquisitions and private equity team, as well as to provide support to our existing practices.”

This appointment also demonstrates our strong commitment to the Italian market, where we have operated for 20 years.”