Kirkland Advises Eldridge on Launch of the Eldridge Diversified Credit Platform and the Closing of its First Fund, EDCF
Kirkland & Ellis advised Eldridge on the closing of a transaction where Eldridge’s inaugural diversified credit platform fund acquired a portfolio of loans and leases from Eldridge and its affiliates, that is expected to provide up to approximately $1.5 billion in investable capital. The transaction was capitalized with equity commitments anchored by Carlyle AlpInvest and its co-investors and a new asset-backed credit facility. The transaction closed on January 14, 2026.
Read the transaction press release
The Kirkland team included investment funds lawyers Mark Boyagi, Társis Gonçalves, Susan Burkhardt, Jake Heyka, Ethan Green, Bryon Boyce, Chris Marano and Eric Duncan; trusts & estates lawyer Thomas Norelli; tax lawyers Elie Zolty, Andrew Chan and Lisa Chen; investment funds regulatory lawyers Nabil Sabki and Jasmina Resic; and debt finance lawyers Stewart Ross and Sean Sullivan.
