Kirkland Advises Alberta Investment Management Corporation on Expansion of Ownership in Howard Energy Partners
Kirkland & Ellis advised Alberta Investment Management Corporation (AIMCo), one of Canada's largest and most diversified institutional investment managers with more than $150 billion of assets under management, on its acquisition of Astatine Investment Partners' (formerly Alinda Capital Partners) stake in Howard Energy Partners. As a result of this transaction, AIMCo holds a total ownership stake of 87 percent in Howard Energy Partners (HEP). HEP is a diversified energy platform business with strategically located midstream and downstream assets in the United States, where long-term, fixed-fee contracts make up the majority of revenues.
The Kirkland team was led by corporate partners Adam Larson and Cy Jones and associates Fernanda Langa and Jessica Stenglein and tax partner Mark Dundon.
