Acting as Cayman Islands counsel on HGGC, LLC's Oversubscribed Fund V at $3.2bn

We are pleased to have acted as Cayman Islands legal counsel to longstanding client HGGC, LLC (HGGC), a values driven, partnership oriented middle market private equity firm, on the final closing of HGGC Fund V, (the "Fund"), which secured approximately $3.2bn in capital commitments.
 
The Fund was oversubscribed and secured investor commitments in approximately 12 months, meaningfully exceeding its target of $2.5bn and original hard cap of $2.8bn. The Fund's investor base includes global public and private pension funds, sovereign wealth funds, insurance companies, family offices and other institutional investors.
 
Our team was instructed by HGGC and Kirkland & Ellis and was led by Cayman Islands partner Christine Ballantyne-Drewe, with assistance from senior counsel Arezou Rezai, and associates Bethany Oakley and Eli Samson.