Avesi Partners I’s $875 Million Fundraising

Kirkland & Ellis advised Avesi Partners on the deal.

Avesi Partners LLC closed its debut fund, Avesi Partners I LP with $875 million of capital commitments.

Avesi is a private equity firm focused on partnering with lower-middle market privately-held and family-owned businesses in key sectors of the economy, including healthcare services and technology, and business services. The debut fund was oversubscribed and closed above its original target of $650 million, just several months after launching. 

Lazard Frères & Co. LLC served as the exclusive placement advisor to the Fund.

The Kirkland team was led by investment funds partners John Muno (Picture), Michael Snow and Nick Hemmingsen and associates Rachel O’Brien, Wes Gangi, Taylor Magnuson and Marc Sana, and tax partners Dan Meehan and Mike Greenberg. 

Involved fees earner: Wes Gangi – Kirkland & Ellis; Michael Greenberg – Kirkland & Ellis; Nicholas Hemmingsen – Kirkland & Ellis; Taylor Magnuson – Kirkland & Ellis; Daniel Meehan – Kirkland & Ellis; John Muno – Kirkland & Ellis; Rachel O’Brien – Kirkland & Ellis; Marc Sana – Kirkland & Ellis; Michael Snow – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Avesi Partners;

Author: Martina Bellini