David Hong is a partner in the New York office of Kirkland & Ellis LLP.
David represents private equity sponsors, portfolio companies, hedge funds and asset managers on bespoke credit transactions, including complex and creative liability management transactions, opportunistic financing transactions and CDS transactions.
David returned to private practice after 15 years at a leading global credit-oriented investment firm, where he played a critical role in identifying legal value drivers, structuring credit and derivative transactions, and co-leading many of the firm’s most successful and high-profile stressed and distressed investments.
David also has extensive experience in CDS, having been a member of ISDA’s CSC leadership team and playing a key role in the structuring, drafting and the implementation of the various rules governing CDS since 2008, including the Determinations Committee rules, the Big Bang Protocol, the 2014 Definitions and most recently, the 2019 NTCE Supplement.
With his in-house background and broad-based credit knowledge in both the cash and the synthetic credit products, David assists borrowers and capital providers alike in identifying and implementing creative credit solutions in special situations.
Memberships & Affiliations
Member, ISDA's CDS Definitions Drafting Committee, 2009, 2014 and 2018
Member, ISDA's Credit Steering Committee Leadership Group
Vice Chair, MFA's Derivatives and Swaps Committee
Admissions & Qualifications
- New York
- Harvard Law SchoolJ.D.2001
- University of California, BerkeleyB.A., Political Sciencewith Highest Distinction1998