Kirkland Advises AE Industrial Partners on Close of $850 Million Continuation Vehicle for Blue Raven
Kirkland & Ellis advised AE Industrial Partners, LP, a private investment firm focused on technologies and services considered critical to national and economic security, on the closing of AE Industrial Partners BR Fund, LP, a new single-asset continuation vehicle with approximately $850 million in commitments in connection with the recapitalization of its portfolio company Blue Raven. The continuation vehicle is led by Lexington Partners, with additional investment from several leading institutional investors. Blue Raven management and certain existing shareholders rolled significant proceeds in connection with the transaction.
Read the transaction press release
The Kirkland team included investment funds lawyers Eric Fischer, Wes Gangi, Daniel McQuade, Andrew Silvia, Chris Marano, Peter Alexander Pyatigorsky, James Steiner, Michael Shields, Jake Ahlgren, Zach Durst, Connor Bebb, Andrew Stern, Matthew Hudson and Bailey Wilson; corporate lawyers Andrew Struckmeyer, Jeffrey Swatzell, Zackary Theo, Colin Norton and James Suarez; tax lawyers Rachel Cantor, Jaclyn Goldberg and Ally Nelson; investment funds regulatory lawyers Nicholas Hemmingsen, Jasmina Resic and Felix Jen; and transactional liability lawyer Hayley Hollender.
