Kirkland Advises GIC on Investment in Hotel Investment Partners
Kirkland & Ellis is advising GIC, a global institutional investor, on its capital investment in Hotel Investment Partners (HIP), a leading owner of resort hotels in Southern Europe. GIC will become an approximately 35% shareholder, with funds managed by Blackstone continuing to be a majority shareholder in HIP, with approximately 65% ownership of the company.
The Kirkland team was led by corporate partners Celyn Evans and Matthew Elliott. The team included corporate partners James Hunn, Hamesh Khatkar and Claire Rushton and associates Jamie Gordon, Oliver Newling, Claudia Carr and Talodabioluwa Olu-Odugbemi; debt finance partners Kazik Michalski and Yasmin Smedley and associate Sara Topa; tax partners Mavnick Nerwal and Frixos Hatjantonas and associate Michael Akpomiemie; and technology & IP transactions partner Joanna Thomson.
