PPM America Private Equity Fund VII LP’s $648 Million Fundraising


Kirkland & Ellis LLP advised PPM America, Inc.’s private equity arm, PPM America Capital Partners, on its formation of its seventh co-investment fund, PPM America Private Equity Fund VII LP, with a 159% increase in size from its predecessor fund.

The newly-closed Fund is a part of PPM’s long-standing private equity program which primarily focuses on North American middle market buyout and growth opportunities.

Founded in 1990, PPM America is a client-focused investment manager with more than $111 billion in assets as of December 31, 2017, including $8.5 billion managed by PPM Finance Inc., an affiliate that manages commercial mortgage loans and certain real estate investments.

The Kirkland team was led by investment funds partner Chris Kallos (Picture) and associate Priya Gupta; and tax partner Dan Meehan.

Involved fees earner: Chris Kallos – Kirkland & Ellis; Priya Gupta – Kirkland & Ellis; Daniel Meehan – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: PPM America Inc.;