Jocelyn A. Hirsch, P.C.

Kirkland & Ellis advised private equity and credit firm Abry Partners on the closing of a $1.6 billion GP-led transaction to create a continuation vehicle for Abry Advanced Securities Fund III. The transaction was announced August 29, 2024. Read the transaction press release The Kirkland team was led by investment funds partners Mark Boyagi, Adam Aramati, Garrett Lorentz and David Sherman and associates Davi Sacco and Kasondra West; corporate partners Dan Vaczy and Amanda Border; derivatives partner Scott Gordon; tax partners Alec Campbell and Brandon Short; and debt finance partners Jocelyn Hirsch, Ashley Gregory and Leonard Kim.

Aug 30

1 min

Kirkland & Ellis represented Kinderhook Industries, LLC in the formation of its latest flagship private equity fund, Kinderhook Capital Fund 8, L.P. (Fund 8). Fund 8 was significantly oversubscribed. The first closing was held on April 5, 2024 and the final closing was announced June 18, 2024. Fund 8 raised total capital commitments of $2.75 billion (inclusive of general partner commitments and commitments from Kinderhook’s operating partner network), exceeding its $2 billion target. Fund 8 will make investments primarily in the Light Manufacturing / Automotive, Healthcare Services and Business / Environmental Services sectors in North America. Read Kinderhook’s press release The Kirkland team was led by investment funds partners John Senior and Ramen Costa and associates Monique Groen, Savannah West, Brandeis Tilleman, Miriam Domer and Joe Walter and included transactional partner Brian Raftery; tax partners Dan Meehan, Mike Conroy and associate Natalie Kannan; investment funds regulatory partners Norm Champ, Daniel Kahl and associate Lena Yoon; ESG & impact partners Mackenzie Drutowski, Jennie Morawetz and associate Ethan Silverman; debt finance partners Jocelyn Hirsch and Leonard Kim and associate Sean Sullivan; regulatory partner Prem Mohan and associate Najma Ahmad; and technology & IP transactions partner Max Harris.

Jun 20

1 min

Kirkland & Ellis represented private equity firm Court Square Capital Management, L.P. on the completion of a single-asset continuation fund to continue its partnership with PlayCore Group, Inc., a market leading provider of multi-brand playground equipment and recreation products. Leonard Green & Partners, L.P. (LGP), through Sage Equity Investors, L.P., acted as the sole lead investor and provided incremental capital commitments to support PlayCore’s future organic growth initiatives and M&A. The transaction offered existing investors the option to generate full or partial liquidity at an attractive return as well as the ability to roll their existing interests. PlayCore’s management team will remain a significant investor in the company. Sage is capitalized primarily by funds managed by LGP and a group of its co-investors. Read the transaction press release The Kirkland team included investment funds lawyers Társis Gonçalves, Sean Malone, John Senior, Nicholas Chan, Nathan Howe, Mack Wan, Dave Chan, Deanna Schreiber, Tiffany Wang and Zacaria Alahmad; corporate lawyers Jai Agrawal, Jessica Sicsu and Caitie Manuel; tax lawyers David Grenker and Claire Oxford; investment funds regulatory lawyers Noah Qiao and Tiffany Kwok; and debt finance lawyers Jocelyn Hirsch, Angela Hagerman, Bill Bandy and Adam Gilmore.

Nov 25

1 min

Kirkland & Ellis advised TerSera Therapeutics LLC, a biopharmaceutical company with a focus on oncology and rare diseases, on an agreement whereby ESTEVE will acquire TerSera's Infusion Specialty Therapies Business Unit (IST). TerSera's IST business unit includes two specialty medications, Prialt® (ziconotide intrathecal infusion) and Quzyttir® (cetirizine hydrochloride injection). The transaction is expected to close in the first quarter of 2026, subject to regulatory clearances. Read the transaction press release The Kirkland team included corporate lawyers Kyle McHugh, Ben Vizvary, Chris Thomas and Emily Binger; technology & intellectual property lawyers Amber Harezlak, Frank Gallina and Daniel Lewis; debt finance lawyers Jocelyn Hirsch and Patrick Loughery; and tax lawyer Polina Liberman.

Jan 13

1 min

Kirkland & Ellis is advising specialty property insurance provider GeoVera Insurance Holdings, Ltd. on the sale of GeoVera MGA to managing general agent SageSure. The sale includes the underwriting operations of GeoVera MGA’s best-in-class residential earthquake franchise. The transaction was announced April 9, 2024 and is expected to close in the fourth quarter of 2024, subject to the receipt of required regulatory approvals and other customary closing conditions. Read the transaction press release The Kirkland team is being led by corporate partners Mark Fennell and Justin Joffe; debt finance partners Jocelyn Hirsch and Whitney Bosworth; and tax partner Polina Liberman.

Apr 9

1 min