Kirkland Advises on Closing of Lynstone Special Situations Fund II
Kirkland & Ellis represented J.P. Morgan Asset Management in the final closing of its Lynstone Special Situations Fund II, with $2.4 billion in capital raised from a broad set of institutional investors comprised of pension funds, insurance companies, foundations endowments and wealth managers across the Americas, Europe, Australia and Asia.
Lynstone Fund II, which surpassed its $2 billion target, is investing in stressed, distressed, and event driven situations in European and North American private and public markets across the capital structure, where underlying assets are potentially discounted due to illiquidity or market disruption and where an event or catalyst has the strong potential to drive a positive total return.
Read more in J.P. Morgan Asset Management’s press release
The Kirkland team was led by investment funds partners Amala Ejikeme and Katerina Syomina. The team included investment funds partner Sean Hill and associates David Pritchett, Ediz Osman, Natalie Healy and Safal Ahluwalia, tax partners Jonathan Kandel and Rebecca Hill and associates Loviisa Langdon and Felicity Blackburn, and financial services regulatory partner Zach Milloy.