Kirkland Advises Benefit Street Partners on $2.3 Billion Private Credit Continuation Vehicle

Kirkland & Ellis advised Benefit Street Partners LLC (BSP), a leading credit-focused alternative asset manager with strategies spanning the credit spectrum, on the closing of a $2.3 billion private credit continuation vehicle, BSP Debt Fund IV CV. This landmark transaction, which was led by Coller Capital, involved the largest single-fund portfolio ever to trade in the private credit secondaries market.