Kirkland & Ellis advised KKR, a leading global investment firm, on its investment in Beacon Pointe, LLC, parent company to Beacon Pointe Advisors, LLC. Founded in 2002, Beacon Pointe Advisors is one of the largest independent registered investment advisory (RIA) firms in the nation with over $20 billion in assets under management, and is the largest female-led independent RIA in the country. KKR's investment will provide Beacon Pointe with growth capital to support key priorities and continue the Company's strategy for national expansion through new office openings and acquisitions. The transaction is expected to close before year-end, subject to customary closing conditions.
The Kirkland team was led by corporate partner Jennifer Perkins and associate Colin Zelicof, debt finance partner Eric Wedel, and investment funds partner Michael Reeves.