Kirkland Advises Knox Lane on Oversubscribed Second Fund at $1 Billion Hard Cap

Kirkland & Ellis advised Knox Lane, a growth-oriented investment firm, on the completion of its fundraising for its second institutional fund, KLC Fund II, with $1 billion in total commitments, exceeding its target of $850 million and meeting its hard cap. The oversubscribed fund received significant support from existing and new investors and saw a 46% increase in fund size over Knox Lane’s first fund, which was $610 million.