Kirkland & Ellis and Palantir Launch AI Fund Platform
Palantir Technologies Inc. (NASDAQ: PLTR) and Kirkland & Ellis have announced the launch of a proprietary enterprise platform designed to transform private equity fundraising. The platform is part of a multi-year partnership expansion to deliver custom solutions tailored to Kirkland’s clients’ needs by leveraging Palantir’s Artificial Intelligence Platform (AIP). The fund formation engine will enable Kirkland to securely scale its institutional knowledge and judgement, streamline complex legal workflows, and more efficiently support fund formation clients and their investors throughout the entire private equity fundraising lifecycle.
Kirkland is widely recognised as a market leader in legal services for private equity and other investment funds, having supported nearly $500 billion in capital raised or targeted for clients in 2025 alone. Through its work with Palantir, Kirkland is building a new operating model for legal services: one that centralises and compounds the expertise of its most senior lawyers, embeds that expertise across workflows, and makes it available at scale to more than 1,000 lawyers supporting its Investment Funds Group.
Unlike off-the-shelf legal AI tools, this platform is built around Kirkland’s own institutional knowledge, workflows, tradecraft, and judgement. Kirkland partnered with Palantir for its ontological expertise to build the connective tissue across the fundraising lifecycle, linking funds, market technology, obligations, and transaction history into a single operational system. This allows knowledge that has historically lived across a vast array of attorneys, documents, and spreadsheets to be structured and applied directly in the execution flow, improving transparency, speed, consistency, and decision-making.
“Private equity fundraising has become significantly more complex, requiring fund managers to manage enormous volumes of information, transaction history, and investor-specific requirements across global commercial and legal frameworks,” said Erica Berthou, Partner and Global Executive Committee Member at Kirkland & Ellis. “We are building this revolutionary fund formation engine to help clients navigate that complexity more efficiently across the full lifecycle of fundraising and beyond. By combining Kirkland’s market-leading funds expertise with Palantir’s technology infrastructure, we will deliver better value and outcomes in addressing the evolving needs of both GPs and LPs by bringing to bear our most senior judgement and our extensive knowledge base.”
The platform is designed to support end-to-end private funds workflows, from fund documentation and investor solutions to side letter drafting, obligation tracking, closing commitments, and ongoing compliance. Every step in the process is informed by Kirkland’s institutional memory, market data, and decades of knowledge, without the latency inherent in older methods of tapping these sources.
“Kirkland is defining what the next generation of professional services will look like,” said Ryan Taylor, Chief Legal Officer of Palantir. “Together, we are disrupting the global fundraising market and advancing a broader vision for its future, an enterprise operating system that compounds every transaction relationship, decision, and obligation into a continuously improving platform.”