Overview
Luci Hague gains widespread praise for her expertise in the CFIUS space, and is distinguished by sources as ‘knowledgeable, responsive and extremely client-focused,’ ‘very sharp and multitalented,’ and ‘really good on strategy.’ - Chambers Global and Chambers USA
Luci Hague is a partner in Kirkland & Ellis LLP’s International Trade and National Security Practice Group in the Washington, D.C., office. Luci advises investors and companies on complex cross-border transactional and advisory matters involving U.S. national security, with a focus on CFIUS reviews as well as OFAC sanctions matters and U.S. export controls.
She is widely recognized for her significant experience in advising private equity sponsors, asset managers, and operating companies on addressing CFIUS considerations and risks across matter contexts and transaction types, including fund formation and design, transaction structuring, co-investments, joint ventures, license agreements, and exits. Luci also advises frequently on CFIUS non-notified, enforcement, and penalty/settlement matters.
Her experience includes securing CFIUS clearance for buy- and sell-side clients, including co-investors, in a range of industries including biotech, defense, real estate, logistics, infrastructure, telecom, cybersecurity, semiconductors, and software, as well as negotiating complex mitigation agreements to address the U.S. government’s identified national security concerns in specific transactions.
Experience
Representative Matters
TPG in the formation of TPG Rise Climate, a $7.3 billion global climate-focused fund
Hermetic Solutions Group, a portfolio company of Windjammer Capital, in its acquisition of Cristek Interconnects, Inc.
Centre Lane Partners in its strategic partnership with Investcorp’s Strategic Capital Group (ISCG)
GTCR in the formation of its $7.5 billion GTCR Fund XIII
Resonetics, which is owned by GTCR portfolio company Regatta Medical, in its acquisition of the medical business of Hutchinson Technology Inc.
Thoma Bravo in its acquisition of AxiomSL
MCR in its acquisition of “proptech” business StayNTouch pursuant to a CFIUS mandated divesture process
Castleton Resources LLC in its acquisition of Terryville upstream assets in Northern Louisiana from subsidiaries of Range Resources Corporation for $245 million plus contingent payments tied to future commodity prices
Kayne Anderson Real Estate in the sale of a minority interest to Goldman Sachs Asset Management’s Petershill program
Golden Gate Capital and Cole-Parmer in their agreement with GTCR to recapitalize Cole-Parmer
Kodiak Gas Services, a portfolio company of EQT Infrastructure, in its acquisition of Pegasus Optimization Managers from affiliates of Apollo Natural Resource Partners
Siris Capital Group in the strategic minority investment by affiliates of Wafra Inc. and Landmark Partners, LLC
HGGC in its strategic minority investment by Dyal Capital Partners
Arcline Investment Management LP in the formation and operating of their first fund, Arcline Capital Partners LP, a $1.5 billion fund focused on leveraged buyouts of high-quality middle market businesses
GI Partners in the sale of a minority interest in the firm’s management companies and general partners to Blackstone
Mycom Group Limited in its sale to Inflexion Private Equity
Industrial Growth Partners in its acquisition of Electric Power Systems International, Inc.
Grakon Parent Inc. in its acquisition by Methode Electronics, Inc.
Clearlake Capital Group in its sale of Sage Automotive Interiors
Syncora Holdings in connection with the sale of its American Roads infrastructure business to global infrastructure investor DIF
Apax Partners in its $200 million acquisition of 3M’s electronic monitoring business
CapVest Partners in its $690 million acquisition of Mallinckrodt’s nuclear imaging business
Creat Group Corporation in its €940 million public takeover of Biotest AG
Vista Equity Partners in the $3.6 billion acquisition of D+H Corporation and its subsequent merger with Misys
The Blackstone Group, L.P. in its $6.1 billion acquisition of TeamHealth
VWR International, a portfolio company of Madison Dearborn Partners, in its $6.4 billion sale to New Mountain Capital
Mead Johnson in its $18 billion merger with Reckitt Benckiser
Clerk & Government Experience
Law ClerkUnited States Department of Justice, Civil Division
Prior Experience
Fried, Frank, Harris, Shriver & Jacobson LLP
Research Assistant, Georgetown University Law Center
Research Assistant, American Enterprise Institute
More
Thought Leadership
Speaking Engagements
CFIUS and Private Equity Funds: Expanded Review of Foreign Investments, Filing Requirements Structuring Investments to Minimize CFIUS Risk (2018, 2019, 2020, 2021 and 2023).
Publications
"Foreign Investment Restrictions in US Real Estate: Recent Developments and Takeaways," Mario Mancuso, Lucille Hague and Erika Krum, PREA Quarterly (Spring 2023).
“National security investment reviews go global: key policy themes and recommendations,” Mario Mancuso, Lucille Hague and Sam Moss, Financier Worldwide Magazine (August 2018).
“INSIGHT: Where CFIUS Reform Stands Now,” Mario Mancuso and Lucille Hague, Bloomberg Law (July 12, 2018).
“This is What the U.S. Government Thinks About CFIUS: Four Takeaways From the GAO’s Report on CFIUS,” Mario Mancuso, H. Boyd Greene IV, Lucille Hague, Bloomberg Law's Corporate Law & Accountability Report (April 18, 2018).
“U.S. Targets Putin's Inner Circle: Five Takeaways for Companies and Investors,” Mario Mancuso, Joanna Ritcey-Donohue, Sanjay Mullick, Lucille Hague, Bloomberg Law's Corporate Law & Accountability Report (April 12, 2018).
“Watch This Space: How National Security Investment Clearance is Evolving,” Mario Mancuso, Anna Schwander and Lucille Hague, International Financial Law Review (March 27, 2018).
“Proposed Export Control Legislation Would Place New Restrictions on Technology Transfer, Even Within the U.S.,” Mario Mancuso, Joanne Ritcey-Donohue, Sanjay Mullick, Lucille Hague, Kirkland Alert (March 13, 2018).
“CFIUS Weighs in on Broadcom/Qualcomm Fight,” Mario Mancuso, Sarkis Jebejian, Joanna Ritcey-Donohue, Sanjay Mullick, H. Boyd Greene IV, Jennifer Fernandez, Luci Hague, Kirkland Alert (March 9, 2018).
“CFIUS in 2018: What Lies Ahead,” Mario Mancuso, Boyd Greene IV, Lucille Hague, Bloomberg Law's Corporate Law & Accountability Report (February 9, 2018).
“No Smoke without Fira,” Mario Mancuso, Boyd Greene, Lucille Hague, International Financial Law Review (December/January 2018).
“US ponders complement to Cfius regime,” Mario Mancuso, Boyd Greene, Lucille Hague, International Financial Law Review (November 29, 2017).
“Washington’s New Asia Map: Five International Risk Themes to Watch,” Mario Mancuso, Boyd Greene, Sanjay Mullick, Joanna Ritcey-Donohue, Jennifer Fernandez, Luci Hague, Kirkland Alert (December 15, 2017).
“Managing Foreign Investment Clearance Risk in Cross-Border Deals,” Mario Mancuso, Dr. Anna Schwander, Luci Hague, Kristin Beharry, The M&A Lawyer (November/December 2017).
“US ponders complement to Cfius regime,” Mario Mancuso, Boyd Grenee, Lucille Hague, International Financial Law Review (November 29, 2017).
“New Bipartisan CFIUS Reform Begins To Take Shape,” Mario Mancuso P.C., H. Boyd Greene IV, Lucille Hague, Law360 (November 13, 2017).
“September CFIUS Roundup: Lessons and Things to Watch,” Mario Mancuso & Lucille Hague, New York Law Journal (October 16, 2017).
“Inside CFIUS’ Annual Report: 7 Highlights,” Mario Mancuso, Boyd Greene & Lucille Hague, Law360 (September 25, 2017).
“CFIUS After Lattice: What Boards, Investors, and Bankers Need to Know Now,” Mario Mancuso, Lucille Hague, Bloomberg Law: Corporate Law & Accountability Report (September 21, 2017).
“Increasing U.S., Global Scrutiny of Foreign Investment: Things to Watch,” Mario Mancuso, Lucille Hague, Dr. Anna Schwander, Kirkland Alert (July 18, 2017).
“Changes in U.S. Cuba, Russia and Iran Sanctions Create Uncertainty for Global Businesses,” Mario Mancuso, Joanna Ritcey-Donohue, Lucille Hague, Kirkland Alert (June 21, 2017).
“U.S. Senators Raise Questions About CFIUS and Real Estate Transactions,” Mario Mancuso, Joanna Ritcey-Donohue, Lucille Hague, Kirkland Alert (May 19, 2017).
“Trump Administration Launches Rare Probe of the National Security Impact of Steel Imports,” Mario Mancuso, Joanna Ritcey-Donohue, Lucille Hague, Kirkland Alert (April 25, 2017).
“President Obama Heeds CFIUS and Blocks Chinese Takeover of German Semiconductor Company,” Mario Mancuso, Joanna Ritcey-Donohue & Lucille Hague, Kirkland Alert (December 6, 2016).
“Dealmakers, Take Note: GAO to Study CFIUS at Congress’ Urging,” Mario Mancuso, Joanna Ritcey-Donohue, Sanjay Mullick, & Lucille Hague, Kirkland Alert (October 17, 2016).
“OFAC Issues New Iran Guidance,” Mario Mancuso, Joanna Ritcey-Donohue & Lucille Hague, Kirkland Alert (June 16, 2016).
“CFIUS Annual Report to Congress: What Dealmakers Should Know,” Mario Mancuso, Joanna Ritcey-Donohue & Lucille Hague, Kirkland Alert (March 4, 2016).
“Iran Sanctions: A New Era Announced,” Mario Mancuso, Joanna Ritcey-Donohue, Satnam Tumani, Jon Newman, Lucille Hague & Joshua Thompson, Kirkland Alert (January 26, 2016).
Recognition
Chambers USA, International Trade: CFIUS Experts, 2023
Chambers Global, Up and Coming, International Trade: CFIUS Experts, 2023–2024
Chambers USA, Up and Coming, International Trade: CFIUS Experts, 2022
The Legal 500 United States, International Trade, 2021–2023
Chambers USA, Associates to Watch, International Trade: CFIUS Experts, 2020–2021
Credentials
Admissions & Qualifications
- 2017District of Columbia
- 2015Maryland
Languages
- English
- French
Education
- Georgetown University Law CenterJ.D.cum laude2015
Senior Articles Editor, Georgetown Journal of Law and Public Policy
CALI Awards: International Trade Law and Regulation; Legal Research and Writing
Senior Writing Fellow
Law Fellow
Moot Court
- Davidson CollegeB.A., Political Science; Russian Minorcum laude, with Honors2008Dean Rusk grant recipient