David D. King, P.C.

Private Equity Fund Formation & Strategic Advice

• Represented GI Partners in connection with the formation of GI Data Infrastructure Partners, a $1.8 billion fund focused on communications networks, data centers, wireless access sites and networked devices.
• Represented Arcline Investment Management in connection with the formation and operating of their first fund, Arcline Capital Partners LP, a $1.5 billion fund focused on leveraged buyouts of industrial technology businesses.
• Represented White Oak Global Advisers in connection with the formation of a $450 million managed account focused on credit investments.
• Represent BlackRock, the world’s largest asset manager, in connection with the formation of a fund focused on credit-related and structured equity assets.
• Represent GI Partners, which specializes in North American middle market businesses, in connection with the formation of their flagship fund.
• Represent White Oak Global Advisers, which specializes in providing secured loans to support the growth and financing needs of small and medium enterprises, in connection with the formation of their flagship credit fund and an industry-specific credit fund.
• Represent Avante Capital Partners, a private credit and structured equity firm, in connection with the formation of their flagship fund.
• Represent Percheron Capital in connection with their spin-out from Golden Gate Capital.
• Advised Park Avenue Finance, a sophisticated financial engineering firm, in connection with a fund formed to invest in esoteric assets.
• Represent Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, in connection with ongoing fund advice.
• Represent Invictus Capital Partners, an investment management firm investing in real estate debt securities, loans and related instruments.

Sell Side Minority Investments into Private Equity Sponsors

• Represented GI Partners in connection with Blackstone Alternative Asset Management’s purchase of a minority stake.
• Represented a San Francisco-based alternative asset manager in connection with a minority equity purchase by an institutional investor.
• Represented a Los Angeles-based private equity sponsor in connection with a minority equity purchase by a large family office.
• Represented Vector Capital in connection with the strategic minority investment by Dyal Capital Partners, a division of Neuberger Berman.

Real Assets

• Continued representation of The Carlyle Group in connection with their U.S. real estate and Power funds, the formation of certain real estate funds focused on investing in Europe and Asia and an energy fund focused on investing across the globe.
• Represented San Francisco based Homestead Capital in connection with the formation of Homestead Capital USA Farmland Fund III, a $600 million fund investing in farmland in the United States. 
• Represent Ohana Real Estate, a Redwood City based hospitality-focused sponsor, in connection with their most recent fund formation and a new product launch.
• Represented Blacksand Capital, a Honolulu based real estate investment firm, in connection with the formation of BlackSand Capital Opportunity Fund II, a $325 million real estate fund.
• Advised GAW Capital Partners, a private equity sponsor focusing on global real estate, in connection with ongoing strategic advice.
• Represented a joint venture between Canyon Partners and AECOM in connection with the formation of a programmatic co-investment fund.
• Represented Robert Smith, founder of Vista Equity Partners, in connection with the establishment of a joint venture to invest in real estate.

Growth Equity & Venture Capital

• Advised Technology Crossover Ventures (TCV), a Melo Park headquarter growth equity firm, in connection with a new product launch.
• Represented Social Capital, a venture capital firm based in Palo Alto, in connection with the formation of Social Capital Growth Partners, their first growth equity fund.
• Advised Silicon Valley based Data Collective Venture Capital, who backs entrepreneurs applying deep tech to transform industries, in connection with a new product launch.
• Represent HMC Capital, a global investment and advisory platform, in connection with investment-specific fund formations and the establishment of their U.S. operations.
• Represented GSV asset management, in connection with the structuring of asset specific funds and multiple minority stake transactions.

Firm & Fund Restructurings and Portfolio Sales

• Advised Social Capital, a venture capital firm based in Palo Alto, in connection with a strategic repositioning of the firm.
• Represented Avante Capital Partners, a private credit and structured equity firm, in connection with a firm restructuring.
• Represented Paxion Capital in connection with a fund restructuring.
• Represented Energy Impact Partners, a collaborative strategic investment firm that invests in companies optimizing energy consumption and improving sustainable energy, in connection with a firm restructuring.
• Represented principals of SQN Investors, a Silicon Valley based alternative investment sponsor investing in technology, in connection with a firm restructuring.
• Represented Menlo Park based, Technology Crossover Ventures, in connection with a portfolio sale of certain legacy assets.
• Provided advice to Mainsail Partners in connection with the strategic direction of the firm and potential new products.

Previous Experience 

Prior to joining Kirkland, David was involved in the following matters:

• The Carlyle Group in establishing a variety of private funds, including:
  • Carlyle Realty Partners VII ($4.2 billion)
  • Carlyle International Energy Partners ($2.5 billion)
  • Carlyle Realty Partners VI ($2.3 billion)
  • Carlyle Power Partners II ($1.5 billion)
  • Carlyle Property Investors ($1.0 billion)
  • Carlyle Japan Partners III (¥119.5 billion)
  • Carlyle Power Opportunity Capital Partners ($500 million)
  • Carlyle Japan Partners II (¥165.6 billion)
  • a variety of Asia and Europe real estate focused funds and accounts
• The Carlyle Group in establishing managed accounts and other firm-wide arrangements with several sovereign wealth and state pension funds
• KSL Capital Partners in its acquisition of Squaw Valley Resort
• Oaktree Capital Management in establishing a $3.9 billion loan fund
• The Blackstone Group in its $5.6 billion acquisition of CarrAmerica Realty

Principal-General Counsel, Global Real Assets, The Carlyle Group (2011–2017)

Associate, Simpson Thacher & Bartlett LLP (2005–2011)

Associate, Millennium Partners, L.P. (2004–2005)