Jack P. Rossman

Prior to and since joining Kirkland, Jack was involved in the following representative matters:

Asset Management and Other Financial Institutions Matters

• Arctos Partners on its acquisition by KKR & Co. Inc. for $1.4 billion in initial consideration and up to $550 million in future equity
• Neuberger Berman Group in the $12.5 billion business combination of its Dyal Capital Partners division, Owl Rock Capital Group and Altimar Acquisition Corporation*
• Coller Capital on its acquisition by EQT AB for $3.2 billion in initial consideration and up to $500 million in contingent consideration
• Comvest Credit Partners on the sale of 75% of its private credit business to Manulife Financial Corporation for $937 million in initial consideration, up to $337 million in contingent consideration, and the ability to purchase the remaining 25% through a put/call mechanism
• Discover Bank in the sale of its private student loan portfolio to affiliates of Carlyle and KKR for a purchase price of up to $10.8 billion*
• Rithm Capital Corp. in its $720 million acquisition of Sculptor Capital Management, Inc., a publicly listed global alternative asset manager with $34 billion in assets under management*
• Pagaya Technologies Ltd. in its $8.5 billion business combination with EJF Acquisition Corp.*
• Blackstone Credit & Insurance (BXCI) on its strategic minority investment in ITE Management, L.P., a leading alternative asset manager focused on transportation infrastructure
• BlackFin Capital Partners on a strategic minority investment by funds managed by Blue Owl
• Sterling Investment Partners on a strategic minority investment by funds managed by PACT Capital Partners
• Walton Street Capital on the sale of Walton Street Capital Mexico, its Mexico-based real estate asset management platform with $2.1 billion in assets under management, to Ares Management Corporation
• Advising the board of directors of a publicly traded financial services payments company in a sell-side auction process*
• Advising a publicly traded fintech company in a process to acquire a fintech lending business*
• Perella Weinberg Partners in its $975 million business combination with FinTech Acquisition Corp. IV*
• Cannae Holdings, Inc. in its strategic partnership with, and cross equity investment in, JANA Partners*
• Fortress Transportation and Infrastructure Investors LLC in the spin-off of its infrastructure investment business into an independent public company called FTAI Infrastructure Inc.*
• Sculptor Capital Management, Inc. in a recapitalization transaction involving a significant equity reallocation from its founding partners to current management and its conversion from a limited liability company to a corporation*
• Fortress Investment Group LLC in connection with the internalization of management of Rithm Capital Corp.*
• Various private equity sponsors and asset managers on the sale of strategic minority interests to investors

Additional Matters

• Rite Aid Corporation in a variety of transactions, including its:
  
  • proposed (but terminated) $24 billion merger with privately held Albertsons Companies, Inc.*
  • $4.4 billion sale of 1,932 stores and related assets to Walgreens Boots Alliance, Inc.*
  • $2 billion acquisition of EnvisionRx from TPG Capital and other owners*
  • proposed (but terminated) $17.2 billion merger with Walgreens Boots Alliance, Inc.*
• WeWork Inc. in its $9 billion business combination with BowX Acquisition Corp.*
• Aircastle Limited in its $7.4 billion take-private merger with Marubeni Corp. and Mizuho Leasing Co. Ltd.*
• Centene Corporation in its $6.8 billion acquisition of Health Net, Inc.*
• Gilead Sciences in its $5.1 billion investment in, and expanded collaboration with, Galapagos NV*
• Boral Limited in its $2.6 billion acquisition of Headwaters Incorporated*
• Ambrx Biopharma, Inc. in its $2 billion merger with Johnson & Johnson*
• Crane Co. in its proposed (but terminated) $1.8 billion tender offer for all of the outstanding shares of CIRCOR International, Inc.*
• News Corporation in its $950 million tender offer and purchase of Move, Inc.*
• Western Digital Corporation in its evaluation of strategic alternatives and the spin-off of its Flash business into an independent public company called Sandisk Corporation*

*Prior to joining Kirkland