Kirkland & Ellis represented J.P. Morgan Asset Management in the closing of its Lynstone Special Situations Fund, the first special situations fund from J.P. Morgan Global Alternatives.
With $1.06 billion in capital raised, Lynstone surpassed its $750 million target. Lynstone will invest in stressed, distressed and event driven situations across North American and European private and public credit markets, where underlying assets are discounted due to illiquidity or market disruption and where an event or catalyst has the strong potential to drive a positive total return.
The Kirkland team was led by investment funds partner Sean Hill (Picture) and associate Matthew Smith; and included tax partners Daniel Meehan and Meredith Levy; and transactional associate Matthew Fisher.
Law Firms: Kirkland & Ellis;
Clients: JP Morgan Asset Management;