BGH, formed by ex-TPG, Macquarie execs, closes debut fund on $2 bln

BGH Capital, formed by ex-TPG and Macquarie Capital executives, closed its debut fund on A$2.6 billion ($2 billion) for investments in New Zealand and Australia. BGH was formed by Ben Gray and Simon Harle, formerly of TPG, and Robin Bishop, former head of Australia and New Zealand at Macquarie. Kirkland & Ellis represented BGH in the fundraising.

Press Release

Kirkland & Ellis represented BGH Capital in the raising of its first private equity fund with a focus on investment in Australia and New Zealand.

BGH was founded by Ben Gray and Simon Harle (formerly partners of TPG Capital) and Robin Bishop (formerly head of Macquarie Capital in Australia and New Zealand).

The fund, which held its final closing with commitments at around A$2.6 billion (approximately US$2 billion), is the largest ever first time fund focused on investment in Australia and New Zealand.

The Kirkland team was led by investment funds partners Justin Dolling and Jonathan Tadd and included tax partner David Grenker, regulatory partner Adam Skinner and investment funds partner Corey Zarse.

About Kirkland & Ellis

Kirkland & Ellis (www.kirkland.com) is a 2,200-attorney law firm representing global clients in private equity, M&A and other complex corporate transactions, restructuring, litigation and dispute resolution/arbitration, and intellectual property and technology matters. The Firm has offices in Hong Kong, Beijing, Shanghai, Boston, Chicago, Houston, London, Los Angeles, Munich, New York, Palo Alto, San Francisco and Washington, D.C.