Kirkland & Ellis counseled Global Infrastructure Partners (GIP), a leading independent infrastructure fund manager, on its agreement to be acquired by BlackRock, Inc. (NYSE: BLK) for a total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock. The combination of GIP with BlackRock’s highly complementary infrastructure offerings creates a best-in-class global infrastructure franchise with differentiated origination and asset management capabilities. The combined platform, which will manage over $150 billion assets under management (AUM), will deliver clients market-leading, holistic infrastructure expertise across equity, debt and solutions at substantial scale.
The Kirkland team was led by asset management M&A partners Daniel Lavon-Krein and Christopher Gandia; corporate partners Melissa Kalka, Andy Calder, Doug Bacon, Stephen Noh, Kate Willson and Rami Totari; capital markets partner Julian Seiguer; and tax partners Stephen Butler and Joseph Tootle.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
