Kirkland Counsels Wilshire Advisors on Partnership with XTP Implementation Services
Kirkland & Ellis advises Wilshire Advisors LLC, a leading global financial services firm, on its alliance with XTP Implementation Services (XTP), a tech-enabled and data-driven specialist focused on improving transparency, reducing risk, enhancing investment governance, and increasing net returns for institutional investors globally. Through this partnership, which was effectuated by an acquisition of XTP by Wilshire, with simultaneous reinvestment in Wilshire by former XTP shareholders, XTP will continue to operate independently under its existing leadership team and brand. Financial terms of the transaction were not disclosed.
Read the transaction press release
The Kirkland team is led by corporate partners Lauren Colasacco and Philip Goj and associates Sumer Marquette and Tamara Zehentbauer; tax partners Michael Ehret and Ben Schreiner; debt finance partners Fred Lim and James Dickson; and executive compensation partner Anthony Ji.