Carol Liu

Practice Areas

Carol Liu is a private investment funds partner of Kirkland. She routinely advises and leads teams of lawyers advising global and Asian fund sponsors on structuring and forming private investment funds across a wide variety of strategies, including buyout, growth capital, venture capital, fund of funds, private credit fund, co-investment funds and separate managed accounts, in sectors across healthcare, TMT, consumer, the financial sector and others. She is frequently called upon to advise clients on delicate sponsor internal issues, such as designing carried interest and other compensation incentives, advising equity stakes transactions and succession planning issues. Clients also turn to Carol on a wide range of complex fund-related transactions, including GP-led restructuring of investment funds, fund tender offers, stapled secondaries, secondary purchase and sale of limited partner interests, and other complex transactions.

Carol was ranked as a “Band 1” lawyer in investment funds by Chambers Global and Chambers Greater China in 2022. Carol has been recognized for several years as a leading lawyer by a number of other reputable legal publications, including Legal 500 Asia-Pacific, IFLR1000 and Who's Who Legal.