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January 24, 2026
Kirkland Advises Dermody Properties on Strategic Minority Investment from Almanac Realty Investors

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- Kirkland & Ellis represented Dermody Properties, a private equity investment management company specializing in national logistics real estate, in an agreement with Almanac Realty Investors, the real estate investment arm of Neuberger Berman
- Under the agreement, Almanac will acquire a passive, minority ownership stake in Dermody Properties
- Dermody aims to use the partnership to support the growth of its logistics strategies and to enhance talent acquisition and retention.
Kirkland & Ellis advised Dermody Properties, a diversified private equity investment management company focused exclusively on the national logistics real estate sector, in connection with an agreement whereby Almanac Realty Investors, the private real estate investment arm of Neuberger Berman, will acquire a passive, minority ownership stake in Dermody Properties. Dermody Properties seeks to leverage the capital partnership for continued investment in the growth of its logistics strategies, as well as a focus on attracting, retaining and growing the firm’s talent. Read the transaction press release The Kirkland team was led by corporate partners Jordan Murray, Michael Reeves and Rami Totari, and included corporate associates Ryan Slaugh, Tarah Sullivan and Kimberly Guo; investment funds partners Laura Stake and Alyssa Jutovsky and associate Yang Li; and tax partners Lee Morlock and Philip Cooke and associate Palmer Gunderson.
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