Palantir Technologies Inc. (NASDAQ: PLTR) and law firm Kirkland & Ellis announced the launch of a proprietary enterprise platform designed for private equity fundraising. The platform represents a multiyear partnership expansion between the companies.

The fund formation engine aims to enable Kirkland to scale its institutional knowledge, streamline legal workflows and support fund formation clients across the private equity fundraising lifecycle. The platform will serve more than 1,000 lawyers in Kirkland's Investment Funds Group.

Kirkland supported nearly $500 billion in capital raised or targeted for clients in 2025, according to the press release. The firm operates approximately 4,000 lawyers across 23 cities globally.

The platform is built around Kirkland's institutional knowledge, workflows and judgment rather than using off-the-shelf legal AI tools. It connects funds, market technology, obligations and transaction history into a single operational system.

"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.

The platform supports private funds workflows including fund documentation, investor solutions, side letter drafting, obligation tracking, closing commitments and ongoing compliance. Each step incorporates Kirkland's institutional memory and market data.

"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."

The information is based on a press release from Palantir Technologies Inc.