Kirkland Advises Consortium on Proposal to Take ESR Private
Kirkland & Ellis is advising a consortium led by Starwood Capital Group, Sixth Street and SSW Partners, and which also includes QIA, Warburg Pincus, and the Founders of ESR Group Limited (ESR), on their proposal to privatise ESR by way of scheme of arrangement from the Hong Kong Stock Exchange.
ESR Group is Asia-Pacific’s leading new economy real asset manager and one of the largest listed real estate investment managers globally. The proposal values ESR at HK$55.2 billion (US$7.1 billion) on an equity value basis, making it the largest privatisation from the Hong Kong Stock Exchange since 2021.
Read the transaction announcement
The Kirkland team includes transactional lawyers Joey Chau, Dan Borg, Lloyd Robertson-Jones, Annette Baillie, James Collins, Brian Ho, Andrew McAlpine, Nelson Ni, Tian Sun, Oliver Clayson, Sherry Fu, Benjamin Lewis, Estelle Lu, Jelani Okoruwa, Michelle Park, Oliver Small, Brent Tan, Aram Valesyan and Elaine Xu; tax lawyers Art Ward and Natasha Haftke; investment funds lawyers Paul Sampson, Matthew Jobson, Alex Brodkin, James Stewart and Yasmine Ziadat; real estate lawyers Jonathan Schechter, Christopher Hartmann, Andrew Shiner and David Perechocky; financial services regulatory lawyers Kilian McConnell, Sky Kim and James Bronitt; and antitrust & competition lawyers Satyen Dhana and Fiona Constant-Lotz.
