Kirkland Advises Hildene Capital Management on Sale of 50% Stake to Jeffries
Kirkland & Ellis advised Hildene Capital Management, LLC, an $18+ billion credit-focused alternative asset manager, on the sale of a 50% stake to Jefferies Financial Group (NYSE: JEF) (Jefferies). The investment by Jefferies, which includes cash of $340 million, is coincident with Hildene signing a definitive agreement to acquire SILAC, Inc., the parent company of SILAC Insurance Company, a provider of fixed and fixed indexed annuity products in the U.S.
Read the transaction press release
The Kirkland team included corporate lawyers Emma Lange-Novak, David Towarnicky, Jeremy Watson, Ryan Slaugh, Jack Yamin and Elliot Hacker; investment funds lawyers Daniel Lavon-Krein, Alexander Green and Richard Shamos; tax lawyers Allison Bray and Lee Morlock; executive compensation lawyers Rohit Nafday, Anthony Ji, Devin Kern and Rebekah Kostelak; and debt finance lawyers Jared Axelrod, Jocelyn Hirsch and Emily Hogan; and investment funds regulatory lawyers Michael Chu, Daniel Kahl and Matt Davis.
