Chinese private equity firm Vision Knight Capital has closed its second private equity fund Vision Knight Capital China Fund II. The fund closed at its hard cap with aggregate capital commitments of $550 million.
Kirkland & Ellis represented Vision Knight Capital, a leading independent Chinese private equity firm, which recently closed its second private equity fund Vision Knight Capital China Fund II. The fund closed at its hard cap with aggregate capital commitments of US$550 million. The fund, which will make investments in China’s retail and consumer internet and e-commerce sectors, accepted commitments from a broad mix of global institutional investors, including sovereign wealth funds, pension plans, endowments and foundations, diversified financial institutions and family offices.
The Kirkland was led by Hong Kong-based private funds partners Christopher Braunack and Carol Liu, private funds associate Jennifer Feng and senior transaction manager Allison Hune.
Kirkland has one of the largest and most experienced sponsor-side private funds practices in the world with nearly 100 attorneys focused on private funds across nine offices in six time zones. The Firm has represented nearly 350 unique private fund sponsors in raising more than $443 billion of capital for approximately 670 funds since 1995.
Kirkland & Ellis is a 1,600-attorney law firm representing global clients in complex private funds, corporate/M&A, restructuring and tax, litigation and dispute resolution/arbitration, and intellectual property and technology matters. The Firm has offices in Hong Kong, Beijing, Chicago, London, Los Angeles, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C.