Press Release

Kirkland Advises NewQuest in a Sale of a Majority Interest to TPG

Kirkland & Ellis advised NewQuest Capital Partners in its sale of a majority interest to TPG, which was announced on February 24, 2021. NewQuest is a leading secondary private equity platform based in Hong Kong and focused on the Asia-Pacific region.  The majority investment builds upon the successful strategic partnership that began with TPG’s minority investment in NewQuest Capital in 2018. The transaction is expected to close in the second quarter.

The Kirkland team was led by corporate partners Jonathan Benloulou and Christopher Gandia, and included corporate associates Melody Soroudi and Brian Palumbo, and tax partner Mike Carew and associate Miles Johnson.