Kirkland & Ellis counseled Vestar Capital Partners, a leading U.S. middle-market private equity firm, on the closing of Vestar Capital Partners VII with $1.1 billion in capital commitments. Vestar VII exceeded its $1 billion target and includes a commitment of $100 million from the General Partner and its partners and affiliates. The fund seeks to invest in profitable and growing companies in the Consumer, Business & Technology Services, and Healthcare sectors, with a focus on family- and founder-owned opportunities. Commitments came from a select group of institutional investors, a substantial majority of whom have been previous investors with the firm, and encompass a diverse mix of investors from North America, Europe, and the Middle East.
The Kirkland team was led by investment funds partners Chris Kallos, David Stults and Nicholas DiCrescenzo and included investment funds partners Bruce Ettelson and Sam Scarcello and associate Keny Zurita; tax partners Daniel Meehan and Aalok Virmani; regulatory partner Scott Moehrke; and ERISA partner Elizabeth Dyer.