Kirkland & Ellis advised leading software private equity firm Turn/River Capital on the close of Turn/River Capital Fund VI with $2.5 billion in total commitments. Fund VI was oversubscribed, hitting its hard cap with strong demand from existing and new limited partners. Turn/River has a concentrated portfolio of 19 platform companies, 14 of which have been realized. Most recently Turn/River sold Redwood Software to Vista Equity Partners and Warburg Pincus in December 2024 and signed a definitive agreement to take SolarWinds private for $4.4 billion in enterprise value in February 2025.

The Kirkland team included investment funds lawyers Justin Solomon, Brook Sutton, Ted McBride, Irene Jeon, Kristie Kang, Christina Fallon, Ryan Sakazaki and Jamie Zhang; investment funds regulatory lawyers Matt Cohen and Leland Langston; and tax lawyers Michael Alcan, Pamela Ho and Lisa Chen