Kirkland & Ellis advised Mainsail Partners, a growth equity firm that invests exclusively in bootstrapped software companies, which announced today that it reached its hard cap of $500 million for Mainsail Partners V, L.P., having raised $531 million in total, including general partner and executive fund commitments. The majority of the capital was raised from existing investors with select new investors rounding out the fund.
Read the company press release
The Kirkland team was led by investment funds partners John Muno, Sam Scarcello, Matt Cohen and associates Kirsten Linder and Matthew Enzweiler; and also included tax partners Daniel Meehan and Alec Campbell.