Kirkland Advises Blackstone Credit & Insurance on Investment in ITE Management

Kirkland & Ellis advised Blackstone Credit & Insurance (BXCI) on a strategic minority investment in ITE Management, L.P., a leading alternative asset manager focused on transportation infrastructure. The investment and strategic partnership will enable ITE and BXCI to collaborate and enhance ITE’s leadership position amidst a growing opportunity set within the transportation infrastructure sector. BXCI and ITE also launched a strategic forward flow partnership, with BXCI targeting to provide ITE with up to $2 billion of capital for investments and financing over the initial phase of partnership.

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The Kirkland team included corporate lawyers Daniel Lavon-Krein, Emma Lange-Novak, Jack Rossman and Todd Melchior; and tax lawyers Lee Morlock and Mike Greenberg.