Kirkland & Ellis advised Livingbridge, a leading growth-focused private equity firm, which recently closed its third small-cap fund, Livingbridge Enterprise 3. The fund was closed with aggregate capital commitments of £334 million. The fund, which will make investments in fast growth SMEs primarily in the UK, accepted commitments from a broad mix of global institutional investors, including pension plans, endowments and foundations, fund of funds and family offices.
The Kirkland team was led by a London-based team of investment funds partners Jeremy Leggate and Christopher Braunack and associates Sophie Smith, Aisling Campbell and Esther Kim, and included London-based regulatory partner Prem Mohan and tax associate Art Ward, Chicago-based regulatory partner Christopher Scully and Boston-based tax partner Marguerite Lombardo.
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 450 funds with total capital commitments in excess of $680 billion.