William J. Tuttle, P.C.
Overview
William Tuttle is an investment funds partner in the Washington, D.C., office of Kirkland & Ellis LLP and focuses his practice on capital markets and corporate matters. Will represents business development companies (BDCs), asset managers, closed-end funds and investment banks in capital markets transactions. His experience includes strategic mergers and acquisitions for BDCs and structuring feeder funds investing into BDCs.
Will has been recognized for his work in legal directories such as The Legal 500, Legal and IFLR1000. In addition, Will was named one of the Best LGBT Lawyers Under 40 by the National LGBT Bar Association, an affiliate of the American Bar Association.
Will’s representative clients include ARK Invest, Cliffwater, Eagle Point, Gladstone, Oaktree and Varagon. In addition, he has represented all of the major investment banks in securities offerings by business development companies.
Experience
Representative Matters
Will has been involved in the following matters:
- ARK Investment Management LLC its long-term partnerships with Nikko Asset Management Co., Ltd. and Resolute Investment Managers, Inc.
- Cliffwater LLC and its managed funds in various corporate and securities matters
- Dealer managers in the $306.8 million rights offering by Golub Capital BDC, Inc.
- Dealer managers in the $83.5 million rights offering by Lument Finance Trust, Inc.
- Eagle Point Income Company Inc. in its committed equity facility with B. Riley Principal Capital II, LLC
- Garrison Capital Inc. in its merger with and into Portman Ridge Finance Corporation
- Gladstone Capital Corporation in its issuances of $33.8 million of 5.375% Notes due 2024, $150.0 million of 5.125% Notes due 2026, $50.0 million of 3.75% Notes due 2027, $57.0 million of 7.75% Notes due 2028, its common stock at-the-market offering and its continuously offered preferred stock
- Gladstone Investment Corporation in its issuances of $127.9 million of 5.00% Notes due 2026, $134.6 million of 4.875% Notes due 2028, $74.8 million of 8.00% Notes due 2028 and common and preferred stock at-the-market offerings
- Oaktree Gardens OLP LLC in its formation and election to be regulated as a BDC
- Oaktree Specialty Lending Corporation in its issuances of $300.0 million of 3.500% Notes due 2025, $350.0 million of 2.700% Notes due 2027, $300.0 million of 7.100% Notes due 2029 and its common stock at-the-market offering
- Oaktree Specialty Lending Corporation and Oaktree Fund Advisors, LLC in the pending merger of Oaktree Strategic Income II, Inc. with and into Oaktree Specialty Lending Corporation
- Oaktree Specialty Lending Corporation, Oaktree Strategic Income Corporation, and Oaktree Fund Advisors, LLC in the merger of Oaktree Strategic Income Corporation with and into Oaktree Specialty Lending Corporation
- Oaktree Strategic Credit Fund in its issuance of $350.0 million of 8.400% Notes due 2028
- Sales agents in the at-the-market offerings by Golub Capital BDC, Inc., PennantPark Floating Rate Capital Ltd. and WhiteHorse Finance, Inc.
- Underwriters in issuances of $111.6 million of unsecured notes by First Eagle Alternative Capital BDC, Inc.
- Underwriters in issuances of $1.9 billion of unsecured notes by Golub Capital BDC, Inc.
- Underwriters/initial purchasers in issuances of more than $6.0 billion of unsecured notes by the Owl Rock BDCs
- Underwriters in the pending initial public offering of Palmer Square Capital BDC Inc.
- Underwriters in the issuance of $96.3 million of common stock by PennantPark Floating Rate Capital Ltd.
- Underwriters in issuances of $315 million of unsecured notes by PennantPark Investment Corporation
- Underwriters in issuances of $75.0 million of unsecured notes and $33.7 million of common stock by WhiteHorse Finance, Inc.
- Varagon Capital Partners, L.P. in the structuring of VCC Advisors, LLC and the formation and structuring of certain funds investing into Varagon Capital Corporation
Prior Experience
Proskauer Rose LLP
Dechert LLP
Skadden, Arps, Slate, Meagher & Flom LLP
Shearman & Sterling LLP
More
Thought Leadership
Speaking Engagements
Moderator, “BDCs,” Private Debt Investor New York Forum, September 2023
Recognition
IFLR1000 United States: Capital Markets, Capital Markets: Debt, Capital Markets: Equity – Rising Star 2021
The Legal 500 United States: Capital Markets: Debt Offerings - Advice to Issuers 2019
The Legal 500 United States: Capital Markets: Equity Offerings - Advice to Issuers 2019
The Legal 500 United States: Capital Markets: Global Offerings - Advice to Issuers 2019
The Legal 500 United States: Capital Markets: High Yield Debt Offerings - Advice to Issuers 2019
Credentials
Admissions & Qualifications
- District of Columbia
- New York
Education
- Vanderbilt Law SchoolJ.D.
Order of the Coif
Vanderbilt Journal of Transnational Law, Articles Editor
- University of VirginiaB.A.with High Distinction
News &
Insights
- Press Release Kirkland Advises Cliffwater on Sale of Minority Stake to TPG and Temasek
- Kirkland Seminar Unlocking the Retail Market
- Kirkland Alert SEC Adopts Amendments to Expand the Scope of the “Names Rule”
- Sponsored Event 2023 Private Debt Investor New York Forum
- Kirkland Alert SEC Proposes Reworking Mutual Fund Liquidity Framework, including Mandating Swing Pricing