Andrew Nichol

Kirkland & Ellis advised Elda River Capital Management on its launch as an independent real assets-focused investment firm. Elda River announced its formation on March 1, 2024 and is launching with approximately $1.5 billion in assets under management in a spin out from Magnetar. The newly independent firm has offices in Houston; Evanston, Illinois and London. Elda River is led by co-managing partners Eric Scheyer and Adam Daley, who were both former partners at Magnetar and co-heads of Magnetar’s Energy & Infrastructure business. Read the press release The Kirkland team was led by investment funds partners Andrew Nichol, Matthew Nadworny and Jordan Murray and tax partners Stephen Butler and Adam Nguyen.

Mar 1

1 min

Kirkland & Ellis represented Greenbelt Capital Partners, a private equity firm focused on investments related to the long-term changes in the production and consumption of energy, on strategic minority investment from Capital Constellation, an investment platform managed by Wafra Inc. Read Greenbelt Capital Partners press release The Kirkland team was led by corporate partner Emma Lange-Novak and investment funds partners Jordan Murray and Andrew Nichol; and included corporate partner Shubi Arora and associates Nina Bertelli and Amanda Van Auken; investment funds partners Matt Nadworny and Laura Stake; and tax partners Lee Morlock and Adam Nguyen and associate Grant Newman.

Jun 15

1 min

Kirkland & Ells advised Ziff Davis, Inc. (Nasdaq: ZD) on a definitive agreement to sell its Connectivity division to Accenture (NYSE: ACN) for $1.2 billion in cash. Ziff Davis’ Connectivity brands are globally recognized in fixed broadband, mobile and Wi-Fi network design, intelligence, insights, testing and incident detection. These brands, including Ookla, Speedtest, Ekahau, Downdetector and RootMetrics, empower organizations to optimize networks, elevate digital experiences and ensure faster, more reliable connectivity. The transaction is currently expected to close in the coming months, subject to the satisfaction of certain closing conditions and receipt of required regulatory approvals. Read the transaction press release The Kirkland team included corporate lawyers David Klein, Andrew Norwich and Daniel Wolf; tax lawyer Sara Zablotney; executive compensation lawyer Rob Fowler; capital markets lawyers Sophia Hudson and Zoey Hitzert; antitrust & competition lawyer Daniel Zach; and technology & IP transactions lawyer Daisy Darvall.

Mar 3

1 min

Paul, Weiss is advising Apollo in the formation of a partnership with Hostplus, one of the five largest pension funds in Australia, to launch a new fund, the Asia-Pacific Credit Strategy. The new strategy launches with $1.25 billion in initial assets, following an inaugural fund raise that includes a $500 million anchor commitment from Hostplus alongside Apollo’s internal and affiliated insurance balance sheets. The dedicated strategy, focused on private credit investments in Australia, India, Singapore, South Korea and Hong Kong, brings Apollo’s global credit platform together with local expertise to capitalize on growing demand for private credit across Asia-Pacific, providing companies and sponsors with flexible and bespoke solutions. The Paul, Weiss team includes corporate partner Matthew Goldstein and counsel David Levine and Andrew Nichol, and tax partners Brian Grieve and Patrick Karsnitz.

Jun 22

1 min

Kirkland & Ellis represented Goldman Sachs’ Petershill Partners and its affiliates in making a passive minority investment in Kennedy Lewis Investment Management, a high-growth alternative investment management firm with approximately $14 billion under management across private funds, a business development company and collateralized loan obligations. The transaction was announced on April 2, 2024. Read the transaction press release The Kirkland team was led by investment funds partners Andrew Nichol, Daniel Lavon-Krein and Emma Lange-Novak, investment funds associate Ethan Green, corporate associate Alexei Segall, tax partners Lee Morlock and Christopher Odell and associate Matt Advani, with support from investment funds ERISA partner Sabrina Glaser and associate Ted Brown; executive compensation partners Michael Krasnovsky and Sally Ye and associate Grace Zagorskis; employment & labor partners R.D. Kohut and Jackson Phinney and associate Maayan Sachs; employee benefits partner Matt Antinossi; investment funds regulatory partners Alpa Patel and Jennifer Kim-Gagne and associate Wanying Chai; investment funds partners Nicole Runyan and Jason Monfort; transactional liability partners Anna Geml and Jessica Sicsu; banking regulatory of counsel Julie Kunetka; debt finance partners Aditi Iyer and Sean McClay; technology & IP transactions partners Daniel Lewis and Jeffrey Seroogy and associate Aseem Jha; financial services regulatory partners Adam Skinner, Claire Rushton and Sky Kim; ESG & impact partner Mary Beth Houlihan and associate Annah Akhoun-Murat; and government, regulatory & internal investigations partner Nick Niles and associate Zach Sommers.

Apr 5

1 min