6 July, 2015

Kirkland & Ellis represented Ascendent Capital Partners, an independent China-focused private equity firm, on the first and final closing of its second private equity fund. The fund closed at its hard cap with aggregate capital commitments of USD 600m, exceeding its initial target of USD 500m. The fund will continue Ascendent’s investment strategy in large-scale private manufacturing and premium retail companies, and the energy and real estate sectors in China.

The Kirkland team was led by Hong Kong-based private funds partners Justin Dolling and Jonathan Tadd.