Kirkland Advises Blue Owl on Strategic Partnership with Voya Financial

Kirkland & Ellis advised alternative asset manager Blue Owl Capital Inc. (NYSE: OWL) on a strategic partnership to develop private markets investment products for defined contribution retirement plans with Voya Financial, Inc. (NYSE: VOYA), a provider of retirement, investment and benefit solutions. The strategic partnership will offer private markets strategies in vehicles tailored for defined contribution retirement plans, addressing the growing demand for alternative investment solutions within retirement portfolios. Voya serves more than 39,000 U.S. employers and their more than nine million retirement plan participants, who hold over $630 billion in defined contribution assets on Voya's retirement platform. Blue Owl manages over $273 billion in assets and is a global leader in bringing premier private markets solutions to the private wealth channel, serving nearly 150,000 investors globally.

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The Kirkland team included investment funds lawyers Lisa Nosal, Christopher Palmer, Sabrina Glaser, Nicole Runyan, William Lane, Christine Matott, Rob Blaustein and Daniel Lavon-Krein and corporate lawyers Emma Lange-Novak and Rick Campbell.