Kirkland & Ellis, an international commercial law firm, is in the process of setting up a funds practice in Asia.
As part of the launch, partners Justin Dolling from London and Albert Cho from New York will relocate to Hong Kong in January 2009.
“Moving these two experienced partners to Hong Kong reflects Asia’s growing importance in private equity fundraising and investment and our commitment to serving our clients around the globe,” said Bruce Ettelson, senior partner in Kirkland’s private equity funds practice group. “Combined with Justin and Albert’s previous work on Asia-focused funds, this is a very logical development for Kirkland’s already strong global private funds practice.”
The global private funds practice group has advised on approximately 400 private funds on behalf of more than 200 sponsors since 1995, raising approximately US$300bn.
Dolling has advised on private equity funds, secondaries, carried interest arrangements and co-investment plans, as well as the restructuring of private equity funds, leveraging and refinancing of funds and buyouts and spin-offs relating to management companies. Most recently, he advised London-based later-stage technology-focused Kennet Partners on its €200m third fund and Australia’s Pacific Road Capital Management on its US$320m global mining exploration fund.
Source: Thomson Merger News