Kirkland Advises North Hudson on Launch of $275 Million Energy Credit Fund
Kirkland & Ellis advised North Hudson Resource Partners LP (“North Hudson”), a Houston-based energy investment firm, on the launch of its inaugural credit fund, North Hudson Energy Credit Partners LP (“NH Energy Credit”). NH Energy Credit seeks to deploy $275 million of capital to support middle-market, North American onshore oil and gas production companies with senior secured loans to refinance existing debt, finance acquisitions and fund development. NH Energy Credit will primarily provide senior secured loans between $20 and $50 million as well as flexible capital solutions for special situations.
The Kirkland team was led by investment funds partner Ian Jelsma and corporate partners Shubi Arora and Zach Savrick, with assistance from investment funds associate Tomi Olutoye; debt finance partner Lucas Spivey; and tax partners Mark Dundon and Ryan Phelps.