Overview

Pete is a partner in Kirkland’s corporate and transactional practice and is one of the leading innovators and strategic advisors in the asset management transaction industry over the last decade. A former investment team managing director within Blackstone Inc.’s “GP Stake” business, Pete divides his practices across the “sell-side” and “buy-side” representing clients ranging from the largest public alternative asset management firms to first time fund managers in asset management transactions (including control, minority-for-control, “GP Stake”, preferred equity, and seeding transactions). Pete has been involved in all aspects of the GP Stakes industry since its very early days, with diversified roles including raising capital for funds, transaction sourcing, transaction underwriting and valuation, and leading the principal-to-principal business negotiations on some of the earliest and most consequential GP Stake transactions to date.

Pete also represents founders and other “C-Suite” executives of alternative asset firms on strategy and value creation initiatives, upper-tier arrangements, succession planning and broader firm restructurings, and led the transaction memorializing the landmark transition of control of Bridgewater Associates from Ray Dalio to the next generation of firm leadership. In this role, Pete often consults with executives, investors, bankers, advisors and other experts in the industry around the “institutionalization” of firms, asset manager valuations and value drivers, and best practices.

Representative Clients

Actis, Arctos Sports Partners, BayPine, Blackstone Inc., Bridgewater Associates, Cushman & Wakefield, Deerfield Capital, GLP Capital Partners, Host Hotels, Hunter Point Capital, GCM-Grosvenor, ICONIQ, King Street Capital Management, Landmark Partners, Leeds Equity Advisors, LSV Advisors, OCP Asia, Post Road Group, Starwood Capital Group, TPG Capital, TPG Next, Wafra, Whitehorse Liquidity Partners

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Thought Leadership

Speaking Engagements

Panelist, IBAInvestment Funds International Conference on Private Investment Funds – GP Stakes, March 2023

Panelist, Maples Investment Funds Forum – Succession Planning, February 2020

Panelist, Kirkland & Ellis Fund Finance Roundtable, November 2019

Panelist, 17th Annual IBA International Conference on Private Investment Funds, GP Stakes, March 2016

Credentials

Admissions & Qualifications

  • 2009New York

Education

  • Seton Hall University School of LawJ.D.2006
  • Boston College2000