law firms

Four Kirkland & Ellis secondaries lawyers have been promoted to partner out of 15 across the investment funds team worldwide.

The two law firms were the first- and second-most active in the secondaries market last year.

The appointment is the latest in a series of hires over the last 18 months at the law firm giant.

Four lawyers – including three secondaries experts from Dentons, Debevoise & Plimpton and Kirkland & Ellis – discuss GP-led secondaries, ESG and the latest developments shaping private equity.

GPs should be aware of right of first refusal clauses and PTP issues when processing transfer requests from LPs brought about by the covid-19 crisis.

Individual portfolio companies may now need an injection of capital via secondaries processes, say lawyers from the legal firm.

Secondaries dealmaking is particularly vulnerable due to the way portfolios are priced and the global nature of underlying portfolios.

Law firm Stephenson Harwood's Gabriel Boghossian and Sarah de Ste Croix outline three points of contention and practical steps to ensure effective LPAC operations.

Kate Simpson has joined the advisory firm and placement agent as general counsel.

In this latest excerpt from MJ Hudson's secondaries guide, executives from PJT Park Hill, Capital Dynamics, Montana Capital partners and more share nuggets of advice.