Kirkland & Ellis LLP

10/22/2024 | Press release | Distributed by Public on 10/22/2024 15:33

Kirkland Advises on Close of Trivest Growth Investment Fund III

Kirkland & Ellis advised Trivest Partners on the close of Trivest Growth Investment Fund III (TGIF III) at $730 million of total capital commitments, which includes the commitments from Trivest and its affiliates. TGIF III was meaningfully oversubscribed primarily due to the strong support of Trivest's current investor base and was largely completed in a single close, less than 60 days from initial launch. The limited partners for the fund include endowments, corporate pensions, insurance companies, funds of funds, family offices and individuals. TGIF III represents Trivest's thirteenth institutional private equity fund and brings Trivest assets under management to approximately $6.1 billion following TGIF III's closing.

Read the transaction press release

The Kirkland team included investment funds lawyers Kevin Lam, Daniel Lavon-Krein, Alec Manfre, Alice Palkovitz, Jamie Yatcha, Judy Lin, Bill Xu and Daphne Zhao; investment funds regulatory lawyers Alpa Patel, Chris Pristouris and Lena Yoon; and tax lawyers Lee Morlock, Chris Odell and Grace Bridwell.