"Formentera Partners Secures $934.8 Million for Third Flagship Fund, Exceeding Target"

"Kirkland & Ellis advised Formentera Partners on the successful closing of its third flagship fund, Formentera Partners Fund III, LP, which raised $934.8 million, surpassing its $900 million target. The fund also secured an additional $375 million in co-investment capital, bringing the total capital raised to $1.31 billion. This reflects strong support from a diverse group of investors, including pension plans and family offices."

Kirkland & Ellis advised Formentera Partners, a prominent energy-focused private equity firm, in connection with its third flagship fund, Formentera Partners Fund III, LP. The transaction involved the successful closing of the fund, which raised $934.8 million in capital commitments, surpassing its target of $900 million. Additionally, Formentera secured $375 million in co-investment capital, bringing the total capital raise to $1.31 billion. This achievement reflects strong confidence from a diverse group of investors, including pension plans, asset managers, endowments, registered investment advisors, and family offices. The Kirkland team comprised investment funds lawyers Ian Jelsma, Matt Nadworny, Kim Dusseldorp, Jonathan Williams, and Daniel Dreyfus; investment funds regulatory lawyers Dan Kahl, Jennifer Kim-Gagne, and Jarvis Yau; tax lawyers Steve Butler and Grant Newman; and investment funds ERISA lawyers Sabrina Glaser and Ted Brown.

"Formentera Partners Secures $934.8 Million for Third Flagship Fund, Exceeding Target"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads