Trivest Fund VII and Trivest Discovery Fund II’s Fundraising

Kirkland & Ellis advised Trivest Partners on the closings of Trivest Fund VII and Trivest Discovery Fund II.

Trivest Partners announced the closings of Trivest Fund VII (Fund VII) and Trivest Discovery Fund II (Discovery II) with approximately $950 million and $600 million of total capital commitments (including Trivest commitments), respectively. Both funds were oversubscribed and the fundraise for each fund was substantially completed in a single closing. Raised concurrently, Fund VII and Discovery II represent Trivest’s tenth and eleventh institutional private equity funds and bring Trivest assets under management to more than $4.0 billion. 

Trivest Partners is a private investment firm that focuses on partnering with founder/family-owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed over 400 transactions, totaling over $7.0 billion in value.

The Kirkland team was led by investment funds partners Kevin Lam (Picture) and Daniel Lavon-Krein. The team also included investment funds partner Alpa Patel and associates Katy Kim, Alec Manfre, Nick O’Donnell, Graham L. Fisher, Soo Young Hong, Christopher Pristouris and Anna-Kay O. Richards, tax partners Lee K. Morlock, Paul Patrow and associate Simona Brooks, debt finance partner Aditi Iyer, employee benefits associate Kara M. Maddalena, financial services regulatory partner Zach Milloy, litigation partner Nick Niles, paralegal Ethan Miner and junior paralegals Yoav Yaakov Weinberg and Jesse Blanco.

Involved fees earner: Simona Brooks – Kirkland & Ellis; Soo Young Hong – Kirkland & Ellis; Aditi Iyer – Kirkland & Ellis; Katy Kim – Kirkland & Ellis; Kevin Lam – Kirkland & Ellis; Daniel Lavon-Krein – Kirkland & Ellis; Kara Maddalena – Kirkland & Ellis; Zach Milloy – Kirkland & Ellis; Lee Morlock – Kirkland & Ellis; Nick Niles – Kirkland & Ellis; Nicholas O’Donnell – Kirkland & Ellis; Alpa Patel – Kirkland & Ellis; Paul Patrow – Kirkland & Ellis; Christopher Pristouris – Kirkland & Ellis; Anna-Kay Richard – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Trivest Partners;