Kirkland Advises Castlelake on Close of Second Income Opportunities Fund with $782M

Kirkland advised Castlelake on the closing of Castlelake Income Opportunities II (CIO II), with approximately $782 million in capital commitments. CIO II, an asset-based private credit product, is the successor to Castlelake's 2018 vintage fund, which raised $456 million and closed in 2020. CIO II has already deployed $333 million across several attractive investment opportunities spanning real assets, specialty finance and aviation.

Read the Castlelake press release

The Kirkland team was led by investment funds partners Erica Temel, Samuel Weber, Samuel Francis and included Daniel Lavon-Krein, David Lenzi, Stefan Paulovic and Andrew Wright, and associates Josh Rabinovits, Daniel Carlen and Gilda Sophie Prestipino, tax partner Marguerite Lombardo and associate Brandon Short, employee benefits partner Sabrina Glaser, investment funds regulatory partners Alpa Patel and Daniel Kahl and associate Janet Jun, and debt finance partner Jocelyn Hirsch and associates James Kelly and Charles Hagerman.