Insight

Kinderhook amasses $1.85bn for seventh fund

The fund's limited partners include domestic and international endowments, foundations, family offices and pensions.

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  • Kirkland & Ellis LLP served as legal adviser on Fund 7
  • UBS Securities LLC was placement agent
  • Fund 7 brings Kinderhook’s total committed capital to over $5.4 billion

Kinderhook Industries LLC has closed its seventh fund at $1.85 billion.

Fund 7 brings Kinderhook’s total committed capital to over $5.4 billion.

The fund’s limited partners include domestic and international endowments, foundations, family offices and pensions.

“Kinderhook remains committed to the same disciplined, replicable and value-oriented approach to investing in the lower middle market; targeting the healthcare services, business services / environmental, and light manufacturing / automotive verticals. Fund 7 will employ the same management-focused strategy that has been the cornerstone of the firm’s success for nearly 20 years,” said Chris Michalik, a managing director at Kinderhook, in a statement.

Kirkland & Ellis LLP is Kinderhook’s fund counsel and served as legal adviser on Fund 7. UBS Securities LLC was placement agent.

Founded in 2003, Kinderhook Industries manages over $5.4 billion of committed capital.