Kirkland & Ellis advised Vance Street Capital, a Los Angeles-based private equity firm focused on investments in North America based companies which provide highly engineered solutions to their customers, on its first and final close of Vance Street Capital IV. Fund IV, which began marketing in January 2024 with a target of $550 million, was significantly oversubscribed and closed in April 2024 at its hard cap of $775 million. Fund IV will continue Vance Street’s strategy of partnering with founder-owned companies, multi-generational family businesses and corporate carve-outs in critical B2B manufacturing businesses across the medical, life science, industrial technology and aerospace & defense sectors.