John Budetti is a partner in the Firm's New York office focusing his practice on counseling sponsors of private equity funds and forming their investment vehicles. Since 2005, he has represented private fund sponsors organizing funds ranging in size from $75 million to $4.5 billion.
John also counsels private fund sponsors on a variety of matters involving sponsor's operational, legal, compliance, and governance matters; internal economic arrangements; alternative investment vehicle structures and M&A transactions; strategic investments; as well as joint ventures, spin-outs and other corporate transactions involving private investment funds.
John is praised as "excellent" in The Legal 500 U.S.’s 2014 Tier 1 Ranking of Kirkland & Ellis LLP’s Private Equity Funds Practice and is ranked as a leading investment funds lawyer in the IFLR1000.
He has significant experience with a diverse group of private investment firms, and representative clients include Altaris Capital Partners, Arlington Capital Partners, Audax Group, Braemar Energy Ventures, GTCR LLC, H.I.G. Capital, Kinderhook Industries, Lincolnshire Management and Summit Partners, among others.
2015: Represented Audax Group on $2.25 Billion Audax Private Equity V
2014: Represented GTCR LLC on $3.85 billion GTCR Fund XI
Global, U.S. and European leverage buyout, mezzanine and subordinated debt and venture capital funds
Separately managed accounts
Global secondary fund
Investment funds for multiple other asset classes and geographies
Various private-market primary and secondary purchase and sale transactions
Structuring alternative investment vehicle transactions and co-investments
Represented individual seeking citizenship under Violence Against Women Act
Represented multiple Iraq and Afghanistan war veterans with combat-related disabilities
Led merger of two non-profit corporations
Represented low-income tenants association in property joint-venture
Recognized in The Legal 500 U.S. Private Equity Funds, 2014
Leading Lawyer, Investment Funds, IFLR1000
Kirkland & Ellis Pro Bono Service Award Recipient
John co-authored "'Pay-to-Play' Arrangements and Placement Agent Involvement with Public Pension Funds Subject to Nationwide Investigations,” a Kirkland PEN article
John co-authored "Private Equity Firm Files Lawsuit Against Two of Its Allegedly Defaulting LPs," a Kirkland PEN article.
John co-authored "SEC Proposes Changes to Accredited Investor Definition and Certain Private Offerings Under Reg D," a Kirkland PEN article.
John co-authored "Federal Court Rejects Illinois’ Restrictions on Investment in Sudan," a Kirkland PEN article.
John co-authored "SEC Proposes New Accredited Investor Test for Private Equity, Hedge and Certain Other Funds," a Kirkland PEN article.