Kirkland & Ellis advised private investment firm Gallatin Point Capital LLC on the launch of DS2 Capital, a credit investment firm specializing in actively managed collateralized loan obligation (CLO) strategies, alongside veteran credit investor Stephen Riddell. DS2 launches with significant institutional backing, including committed capital to fund CLO equity investments and initial working capital provided by funds managed by Gallatin Point and several additional institutional partners. DS2 expects to launch its inaugural CLO in 2026. Read Gallatin’s press release The Kirkland team included corporate lawyers Emma Lange-Novak, Norbert Knapke and Rajab Abbassi; structured capital & insurance solutions lawyer Lindsay Trapp; investment funds lawyer Richard Shamos; and tax lawyer Meredith Levy.