Kirkland & Ellis advised Butterfly, a Los Angeles-based private equity firm specializing in the food sector, in connection with its recently closed sophomore fund. Nearly doubling in size from the previous vintage, the fund closed with commitments of $1 billion from a wide range of partners including institutional investors, family offices, entrepreneurs and food investors. Together with its previous fund and co-investments, Butterfly has nearly $4 billion of assets under management.
Read the Butterfly press release
The Kirkland team was led by investment funds partners Justin Solomon and Andrew Wright and included investment funds associates Justin Samson and Esther Kim.
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