Kirkland & Ellis represented Vista Equity Partners (Vista), a leading private equity firm focused on investments in software, data and technology-enabled businesses, in the closing of Vista Equity Partners Fund VII at its hard cap of $16 billion. Fund VII is the largest technology-focused fund ever raised by an independent private equity firm.
The Kirkland team was led by investment funds partners Paul Watt, John O'Neil, Daniel Lavon-Krein, Robert Emerson and Juliet Anderson.
Kirkland also recently represented Vista in the closing of Vista Equity Endeavor Fund II at its hard cap of $850 million. Endeavor Fund II, which focuses on high growth enterprise software, data and technology-enabled solutions companies, held a single closing less than three months following launch. The Kirkland team advising on Endeavor Fund II was led by investment funds partners Paul Watt, John O'Neil and Daniel Lavon-Krein.
In addition, tax partner Donald Rocap, investment funds partners Norm Champ and Alpa Patel, financial services regulatory partner Adam Skinner, employee benefits partner Elizabeth Dyer, and international trade and national security partner Mario Mancuso all played key roles in both fundraises.
Kirkland is a global leader in providing sophisticated advice to investment fund sponsors, institutional investors and other market participants in the alternative investment fund space. Kirkland offers clients the unsurpassed resources of a large, integrated, multidisciplinary, global team located across offices in the United States, Europe and Asia-Pacific. With more than 400 dedicated Investment Funds attorneys, few firms approach the breadth, depth and scope of Kirkland's experience in investment funds legal services. Since January 2016, Kirkland has advised over 460 funds with total capital commitments in excess of $660 billion.