Kirkland & Ellis LLP

08/26/2024 | Press release | Distributed by Public on 08/26/2024 14:33

Kirkland Advises CenterOak Partners on Oversubscribed Third Fund at $1.1 Billion Hard Cap

Kirkland & Ellis represented CenterOak Partners LLC, a Dallas-based private equity firm, on the closing of CenterOak Equity Fund III, L.P. (Fund III or the Fund). The Fund was oversubscribed and achieved its hard cap with total capital commitments of over $1.1 billion. The Fund's capital was largely committed by existing institutional investors, but it also attracted support from many new limited partners globally, including private and public pensions, endowments and foundations.

Read CenterOak's press release

The Kirkland team was led by investment funds partners John Senior, Laura Stake and Anna Baxendale and associate Megan Bourassa; and tax partner Steve Butler.