Kirkland & Ellis advised private equity firm GTCR in a new partnership in which funds managed by Blackstone’s GP Stakes business will acquire a minority ownership interest in GTCR. Blackstone’s GP Stakes business specializes in value-added, long-term partnerships with leading private-market alternative asset management firms. Terms of the transaction were not disclosed. Read the GTCR press release The Kirkland team was led by transactional partners Daniel Lavon-Krein, Michael Reeves, Sanford Perl and Stephen Ritchie and tax partner Dan Meehan; and included investment funds partners Sean Malone and Tana Wilner and associates Christopher Urruela Stauss, Steven Robles and Tarah Perkins; tax partner Alec Campbell and associate Brandon Short; investment funds regulatory partners Norm Champ and Alpa Patel and associate Christopher Pristouris; and employee benefits partner Liz Dyer.