Kirkland & Ellis Advises Warburg Pincus on Inaugural $4 Billion Capital Solutions Fund
Warburg Pincus, a leading global growth investor, announced that the Capital Solutions Founders Fund ("WPCS FF") has successfully closed, achieving total commitments exceeding $4.0 billion.
The fund is focused on exploring thesis-driven investment opportunities within carefully selected structured transactions, drawing on the firm's nearly twenty years of experience in structured investing.
Initiated in 2023, WPCS FF successfully secured over $4.0 billion in capital, surpassing its original goal of $2.0 billion. In spite of a difficult fundraising landscape, the fund garnered robust backing from prominent, top-tier investors. WPCS FF builds upon the achievements of the firm's primary global fund, Warburg Pincus Global Growth 14, which concluded with $17.3 billion, also exceeding its initial target of $16 billion.
"We are thrilled with the successful close of our first Capital Solutions focused fund and are deeply appreciative of the support of top-tier investors that partnered with us in this raise. We are confident our Capital Solutions strategy will generate attractive opportunities while positioning our investors well across various market cycles," said Jeffrey Perlman, CEO, Warburg Pincus.
"Our Capital Solutions offering looks to capitalize on the large and growing pipeline of structured investment opportunities, resulting in high-quality transactions with attractive, risk-adjusted return profiles. We look forward to continuing to offer differentiated strategies while remaining disciplined and focused on our investor first approach."
The leadership of the team was provided by investment funds partners Andrew Wright and Rob Blaustein. The team included investment funds partners Sean Malone, Kevin Lam and Michael Ramsey, investment funds regulatory partners Norm Champ and Alpa Patel, financial services regulatory partners Lisa Cawley and Prem Mohan, tax partners Meredith Levy and Dave Grenker.
Kirkland & Ellis is an international law firm with more than 3,500 attorneys who provide legal representation to clients in areas such as private equity, mergers and acquisitions, complex corporate transactions, litigation, dispute resolution and arbitration, restructuring, and intellectual property issues.
