Kirkland & Ellis advised STG, a leading private equity firm focused on investing in the software, data analytics and software-enabled technology services sectors, on the closing of STG VII (together with its related vehicles, the “Fund”) on $4.2 billion of committed capital, including limited partner commitments of $4 billion. The Fund was oversubscribed at its hard cap, successfully completing the fundraise above its $3 billion target in under five months.

The Kirkland team was led by investment funds partners Rachel O’Brien and Warren Goodworth and included associates Marisa Pogofsky, David Wilson, Nicholas Styles, Anna Umstead, Casey Bond, Heaven Chandler and Grace Kim; tax partners Daniel Meehan and Mike Greenberg and associates Ally Nelson and Shiyu Ni; and investment funds regulatory partner Matt Cohen and associate Radhika Kshatriya; with additional assistance from investment funds partner Sarah Kirson.