Kirkland Advises HPS on Majority Investment in Nucleus

Kirkland & Ellis is advising HPS Investment Partners (“HPS”), a leading global investment firm with over $80 billion of assets under management, on the financing for the proposed majority investment by funds and accounts managed and/or advised by HPS in Nucleus, a leading investment platform provider. HPS will work alongside existing shareholder Epiris to further Nucleus’ vision to build the leading retirement-focused investment platform for financial advisors in the UK.

The transaction, which remains subject to regulatory approval, is expected to close in the second half of 2022 and the terms of the financing are confidential.

Read the Nucleus press release

The Kirkland team was led by debt finance partners Sam Sherwood and Neel Sachdev and associates Jerome Hoyle and James Lee; tax partners Tim Lowe and Art Ward and associate Varnika Chawla; and financial services regulatory partner Philip McEachen.