Kirkland Advises on Wind Point Partners and Neuberger Berman Private Equity Continuation Vehicle
Kirkland & Ellis advised both Wind Point Partners, a leading private equity investor focused on middle-market investing, and certain investment funds managed by Neuberger Berman in connection with the structured purchase of certain assets of Wind Point Partners VI, L.P. and related investment by Neuberger in a special purpose vehicle formed to hold the assets called Wind Point Partners CVI, L.P. The transaction was structured to provide liquidity to investors in Wind Point VI while maintaining continuity of management of the portfolio companies. More information on the transaction is available in Wind Point’s press release.
The Kirkland team representing Wind Point was co-led by investment funds partners Michael Belsley and John Muno, and included investment funds partners Bruce Ettelson, Warren Goodworth and Michael Snow, investment funds associates Alyssa Jutovsky, Jonathan Lipnick, Sarah Roberts and Sam Scarcello, financial regulatory partner Michael Chu, tax partner Donald Rocap and tax associate Christine Lehman, antitrust and competition partner Ellen Jakovic, employee benefits partner Elizabeth Dyer and of counsel Christine Matott.
The Kirkland team representing Neuberger was co-led by investment funds partners Sean Hill and John Kelley, and included corporate partner Neal Reenan and associate Dena Medford, investment funds associate Julia Sternman, tax partner Vincent Thorn and litigation of counsel Mike Robert-Smith.
Kirkland is a global leader in providing sophisticated advice to investment fund sponsors, institutional investors and other market participants in the alternative investment fund space. With more than 330 dedicated investment funds attorneys, few firms approach the breadth, depth and scope of Kirkland’s experience in investment funds legal services. Since 2016, Kirkland has advised nearly 300 private investment fund sponsors, raising more than 400 funds representing in excess of $700 billion of capital commitments. In both 2016 and 2017, Private Equity International named Kirkland as “secondary law firm of the year” in each of Europe, North America and Asia.