Kirkland & Ellis, Clifford Chance (CC) and Latham & Watkins have dominated the global league tables for private equity buyout advisers in the first quarter of 2014, as new data shows Q1 2014 was a record period for private equity exits worldwide.
Kirkland was the most active adviser by both value and volume over the three month period, which was the busiest start to a year for exits by private equity houses since 2001, according to Mergermarket trend data, with exits totalling $111.9bn (£66.8bn). The average deal size of exits reached the highest value on record for any start to the year at $598.1m (£357.2m) – 61% higher than the previous Q1 peak in 2008.
