Kirkland Represents Gen II on Investment from General Atlantic, Hg and IHS Markit

Kirkland & Ellis advised Gen II Fund Services, LLC (“Gen II”), a leading independent private equity fund administrator, on a strategic investment in the company led by General Atlantic, a leading global growth equity firm, and Hg, a leading global software investor. IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, will also make a minority investment and Cobepa S.A will continue to hold a minority position in Gen II. The Gen II founders and management team will continue to hold a significant investment in the company while continuing to lead the business. The terms of the transaction were not disclosed and closing of the transaction is conditional on customary approvals.
 
Read the Gen II press release
 
The Kirkland team was led by transactional partners Jennifer Perkins and Andy Fleischman and associates Matthew Benedetto and Jordan Federer, tax partners Sara Zablotney and Philip Cooke and associate Mohammed Jaljule, executive compensation partner Scott Price and associate Jake Ebers, antitrust partners James Mutchnik, Michael DeRita and Michael Thorpe, technology & IP transactions partner Shellie Freedman and associate Michael Hemes, international trade partner Mario Mancuso and associate Matt O’Hare, and debt finance partners Ashley Gregory and Brett Pallin.