Aalok is a tax partner in the Chicago office of Kirkland & Ellis LLP. His practice focuses on the tax aspects of forming and investing in private equity funds, hedge funds and joint ventures and the tax aspects of private equity transactions, mergers and acquisitions. He has extensive experience advising clients with respect to partnership, corporate and cross-border tax issues.

Prior to joining Kirkland & Ellis LLP, Aalok worked in-house at Equity International, a private equity firm that invests in non-U.S. real estate companies. Aalok was responsible for all tax aspects of the firm’s portfolio-level transactions, fund formations, sponsor-level tax planning and tax compliance. Aalok also held board and audit committee positions at various portfolio companies to help Equity International support and oversee its investments.


Thought Leadership


Panelist, Private Equity Waterfall and Carried Interest Provisions: Economic and Tax Implications for Investors and Sponsors, Strafford Publications Webinar, June 18, 2019 and September 2, 2020

Panelist, Private Equity Carried Interest Clawbacks: Fund Agreement Mechanisms and Tax Considerations, Strafford Publications Webinar, March 20, 2019

Panelist, A Look at the Upcoming New Partnership Audit Rules – What Every Fund Must Know, Private Investment Fund Operations and Compliance Forum, July 19, 2016

Panelist, Exploring the Potential Impact of BEPS on Private Equity Funds - It’s Not Just a Corporate Issue, The 6th Annual Private Investment Funds Tax Master Class, June 16, 2015

Panelist, Working Through Common Tax Implications of Foreign Investments, The 5th Annual Private Investment Funds Tax Master Class, May 22, 2014


Admissions & Qualifications

  • Illinois


  • University of Illinois College of LawJ.D.
  • University of Illinois at Urbana-ChampaignB.S., Accounting

Other Distinctions

Registered Certified Public Accountant (Illinois)