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Kirkland Advises General Catalyst on its Fund XII and Related Separately Managed Accounts, Including $8 Billion of New Capital

Kirkland & Ellis represented General Catalyst in raising approximately $8 billion of new capital, including around $4.5 billion for its core GC XII VC funds focused on seed and growth equity, $1.5 billion for its GC XII Creation strategy and $2 billion of separately managed accounts. General Catalyst is a global investment and transformation company that seeks to partner with the world’s most ambitious entrepreneurs to drive transformation, resilience and applied AI. The closing was announced on October 24, 2024. Kirkland recently advised General Catalyst in connection with its combinations with La Famiglia and Venture Highway, to broaden General Catalyst’s support of founders at the seed stage.

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Nitya Vashishtha
Nitya Vashishtha