Kirkland Advises Dermody Properties on Strategic Minority Investment from Almanac Realty Investors

Kirkland & Ellis advised Dermody Properties, a diversified private equity investment management company focused exclusively on the national logistics real estate sector, in connection with an agreement whereby Almanac Realty Investors, the private real estate investment arm of Neuberger Berman, will acquire a passive, minority ownership stake in Dermody Properties. Dermody Properties seeks to leverage the capital partnership for continued investment in the growth of its logistics strategies, as well as a focus on attracting, retaining and growing the firm’s talent.

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The Kirkland team was led by corporate partners Jordan Murray, Michael Reeves and Rami Totari, and included corporate associates Ryan Slaugh, Tarah Sullivan and Kimberly Guo; investment funds partners Laura Stake and Alyssa Jutovsky and associate Yang Li; and tax partners Lee Morlock and Philip Cooke and associate Palmer Gunderson.