Kirkland & Ellis International LLP relocated Partner Michel Debolt to Hong Kong from London. The move is designed to expand the firm’s private equity practice in Asia. Debolt advises private equity sponsors and their portfolio companies in Asia, Europe and North America. He focuses on mergers, acquisitions, joint ventures, interim and final liquidity realizations, equity restructurings and executive compensation, the firm said.
Kirkland & Ellis International LLP expanded its private equity practice in Asia by relocating partner Michel Debolt from London to Hong Kong.
“The rapid growth in the Asian private equity markets has increased the demand for the kind of sophisticated advice Kirkland provides,” said David Patrick Eich, partner in the Hong Kong office. “Michel is a very talented guy with terrific experience in complex deals who adds serious muscle to our team.”
Kirkland has 10 private equity lawyers in Hong Kong and six in Shanghai. Since the firm’s Hong Kong office opened in 2006, it has represented more than 25 private equity funds in their fund formations, leveraged buyouts, growth equity investments and other complex deals in Asia, including such notable deals as Bain Capital’s investment in Gome Electrical Appliances Holdings Limited and acquisition of Asimco Technologies Limited and Silver Lake Partners’ acquisitions of Allyes Online Media Holding and Nobao Renewable Energy Holdings Limited
Mr. Debolt advises private equity sponsors and their portfolio companies in Asia, Europe and North America. He focuses on complex business transactions, including mergers, acquisitions, joint ventures, interim and final liquidity realizations, equity restructurings and executive compensation. His clients include Advantage Partners, Apollo Management, Bain Capital, Energias de Portugal (EDP), Goldman Sachs Capital Partners, Mid Europa Partners, Palamon Capital Partners, Park Square Capital, Providence Equity Partners, Sun Capital Partners, TowerBrook Capital Partners, Veronis Suhler Stevenson and Vestar Capital Partners.
Chambers Asia 2010 notes that Kirkland’s Asia team is “so good at understanding sensitivities for sponsors globally and bringing the best lawyers around the world to serve their clients in Asia.” The Legal 500 notes that Kirkland’s “upstream and downstream private equity offering in Asia is ‘hailed as creative and commercial in its focus.’” IFLR1000 2011 notes that “Kirkland & Ellis has one of the most promising outlooks in private equity among the stacks of US firms that entered the Greater China market in the last few years.”
Approximately 60 percent of the firm’s more than 600 transactional lawyers, across 10 offices, practice primarily in private equity. Kirkland has formed more than 490 private equity funds (principally LBO funds) on behalf of over 250 private equity firms since 1995, raising approximately $320 billion, and has been called “second to none” by Chambers & Partners, a leading publisher of research on the legal profession.
Active in Asia for more than two decades, Kirkland & Ellis LLP is a 1,500-attorney law firm representing global clients in complex private funds and private equity, corporate, intellectual property and technology, litigation, restructuring and tax matters. The Firm has offices in Hong Kong, Chicago, Los Angeles, London, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C.