Kirkland

Bay Point Advisors Funds $31.4 Million Senior Loan to Kirkland Development

Retrieved on: 
Tuesday, July 26, 2022
Professional Services, Other Professional Services, Small Business, Commercial Building & Real Estate, Finance, Construction & Property, Banking, Aviation, Natural Resources, CO, Coffee, Headwaters at Vancouver Waterfront Park, Partnership, Glass, Solution, Hotel Indigo, Professional, Restaurant, Life, El Gaucho, LLC, Columbia River, Hotel, Kirkland

Bay Point Advisors, LLC has provided a $31.4 million loan to Kirkland Development to finance the opening of an eight-story, 138 room waterfront Hotel Indigo in Vancouver, WA.

Key Points: 
  • Bay Point Advisors, LLC has provided a $31.4 million loan to Kirkland Development to finance the opening of an eight-story, 138 room waterfront Hotel Indigo in Vancouver, WA.
  • The Kirkland Development team is excited to partner with Bay Point Advisors on Hotel Indigo, Vancouver.
  • We are happy to have this opportunity to work with Bay Point on another Kirkland project and anticipate others in the future, said Dean Kirkland.
  • We look forward to the opening of the hotel, adjacent condos and seeing this project come to life, said Mitchell Dagley of Bay Point Advisors.

Generate Capital Acquires Battery Storage Developer esVolta to Expand Energy Storage and Grid Resilience Offerings

Retrieved on: 
Thursday, July 21, 2022
Environment, Technology, Finance, Utilities, Professional Services, Sustainability, Alternative Energy, Green Technology, Energy, Batteries, LLP, Acquisition, Water, Kirkland & Ellis, Partnership, Solution, University, Multimedia, PBC, Leadership, Kirkland, Technology, Transport, Growth, SunLight General Capital, LP, Citigroup, Generate, Renewable energy

Generate Capital, a leading sustainable infrastructure investment and operating platform, today announced it has acquired large-scale battery storage developer esVolta LP to accelerate the availability of energy storage projects critical to decarbonizing the electric grid and improving resiliency.

Key Points: 
  • Generate Capital, a leading sustainable infrastructure investment and operating platform, today announced it has acquired large-scale battery storage developer esVolta LP to accelerate the availability of energy storage projects critical to decarbonizing the electric grid and improving resiliency.
  • Generate Capital acquired esVolta to expand energy storage and grid resilience offerings.
  • (Photo: Business Wire)
    The acquisition enables Generate to expand into the front-of-the-meter battery storage market by adding a fast-growing and experienced team with a pipeline of attractive projects.
  • Our partnership with esVolta today highlights the enormous potential for battery storage projects to rebuild our energy system.

Vecino Energy Receives $200 Million Equity Commitment from EnCap Flatrock Midstream

Retrieved on: 
Tuesday, July 19, 2022
Oil, Gas, Energy, PG&E, Gulf Oil, Kirkland & Ellis, Investment, LLP, Enron, Vecino, LLC, Industry, Chevron, Company, Winston & Strawn, EnCap Investments, Kirkland, COO, Partnership, PG, Petroleum, Management

Vecino Energy Partners, LLC (Vecino) today announced that it has secured an equity commitment of $200 million from EnCap Flatrock Midstream (EnCap Flatrock) and Vecinos management team.

Key Points: 
  • Vecino Energy Partners, LLC (Vecino) today announced that it has secured an equity commitment of $200 million from EnCap Flatrock Midstream (EnCap Flatrock) and Vecinos management team.
  • We are pleased to partner with Vecino Energy as the Company works to acquire, develop and commercialize oil and gas infrastructure, said EnCap Flatrock Managing Partner Dave Kurtz.
  • EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America.
  • EnCap Flatrock Midstream is currently making commitments to new management teams from EFM Fund IV, a $3.25 billion fund.

Phaidon International Agrees to Partner with Global Investor Consortium Led by Further Global

Retrieved on: 
Monday, July 18, 2022
Global, Travers Smith, Investment, Acceleration, Kirkland & Ellis, Supply chain, Regulation, Arab Academy for Management, Banking and Financial Sciences, Technology, OPTrust, Industry, Neuberger Berman, List of life sciences, Growth, XMS Capital Partners, Phaidon, Kirkland, Pictet, Financial services, Public relations, Marketing, Engineering

Harry Youtan, Chief Executive Officer commented, "Quilvest have been a fantastic partner for our business over the last four years.

Key Points: 
  • Harry Youtan, Chief Executive Officer commented, "Quilvest have been a fantastic partner for our business over the last four years.
  • Phaidon International operates a deliberate brand strategy that delivers talent to sectors including Financial Sciences, Supply Chain, Life Sciences, Engineering, Technology and Regulatory & Legal.
  • Olivier Sarkozy, Founder and Managing Partner of Further Global, added, "We really look forward to partnering with Harry and the Phaidon Team.
  • Further Global Partner, Max Baumrin added: "Phaidon has differentiated itself by understanding its client's needs and consistently delivering a quality product.

Phaidon International Agrees to Partner with Global Investor Consortium Led by Further Global

Retrieved on: 
Monday, July 18, 2022
Global, Travers Smith, Investment, Acceleration, Kirkland & Ellis, Supply chain, Regulation, Arab Academy for Management, Banking and Financial Sciences, Technology, OPTrust, Industry, Neuberger Berman, List of life sciences, Growth, XMS Capital Partners, Phaidon, Kirkland, Pictet, Financial services, Public relations, Marketing, Engineering

Harry Youtan, Chief Executive Officer commented, "Quilvest have been a fantastic partner for our business over the last four years.

Key Points: 
  • Harry Youtan, Chief Executive Officer commented, "Quilvest have been a fantastic partner for our business over the last four years.
  • Phaidon International operates a deliberate brand strategy that delivers talent to sectors including Financial Sciences, Supply Chain, Life Sciences, Engineering, Technology and Regulatory & Legal.
  • Olivier Sarkozy, Founder and Managing Partner of Further Global, added, "We really look forward to partnering with Harry and the Phaidon Team.
  • Further Global Partner, Max Baumrin added: "Phaidon has differentiated itself by understanding its client's needs and consistently delivering a quality product.

Leading Restructuring Partner Steve Hessler Joins Sidley as Global Practice Leader

Retrieved on: 
Wednesday, July 6, 2022
Legal, Professional Services, Wendell Pritchett, Wharton School of the University of Pennsylvania, Advertising, Sidley Austin, Chambers, Senate, Chapter 11, Title 11, United States Code, Insolvency and Bankruptcy Code, 2016, Telecommunication, The Legal 500, History, Title 11 of the United States Code, Frontier Communications, Private equity, Investment, University, Sidley, Bankruptcy Code, Kirkland, House, Lawyer, Windstream Holdings, Kirkland & Ellis, Architecture, Financial services

Sidley Austin LLP is pleased to welcome Stephen E. Hessler as the global practice leader of the Restructuring group.

Key Points: 
  • Sidley Austin LLP is pleased to welcome Stephen E. Hessler as the global practice leader of the Restructuring group.
  • Im honored to be joining Sidley as the head of its restructuring group and look forward to working with our more than 50 restructuring lawyers across the United States, Europe, and Asia, said Hessler.
  • Adding Steve reinforces our commitment to a robust restructuring practice as a strategic complement to our growing private equity practice.
  • Sidley and Sidley Austin refer to Sidley Austin LLP and affiliated partnerships as explained at www.sidley.com/disclaimer .

Leveraged Finance & Private Equity Communities Unite to Raise Record $3 Million for Melanoma Research

Retrieved on: 
Friday, June 17, 2022
Research, General Health, Family, Philanthropy, Oncology, Consumer, Fund Raising, Foundation, Science, Other Philanthropy, Other Science, Health, Doctor of Philosophy, Survivor, Latham, MRA, Elliot, Hellman, KKR, Cancer, Research, Fitch Ratings, Elliott Management Corporation, Simpson Thacher & Bartlett, Latham & Watkins, HPS, Museum, LFFM, Veritas Capital, Patient, Hellman & Friedman, White & Case, Kirkland & Ellis, White, Melanoma Research, Midcap, Melanoma, Financial services, Pharmaceutical industry, Kirkland

On Thursday, June 16, 2022, more than 900 people from over 100 firms from the leveraged finance and private equity communities came together for the Leveraged Finance Fights Melanoma (LFFM) benefit and cocktail party.

Key Points: 
  • On Thursday, June 16, 2022, more than 900 people from over 100 firms from the leveraged finance and private equity communities came together for the Leveraged Finance Fights Melanoma (LFFM) benefit and cocktail party.
  • Hosted at the Museum of Modern Art, the event raised a record breaking $3 million for the Melanoma Research Alliances (MRA) mission to advance the worlds most innovative and promising melanoma research.
  • Since its founding, LFFM has raised more than $19 million for MRA, the largest nonprofit funder of melanoma research.
  • The leveraged finance and private equity communities are some of the biggest advocates for MRA and our mission to cure melanoma, says MRA CEO Marc Hurlbert, PhD.

Court Rejects Insurance Companies' Effort to Dismiss Antitrust Claims and Limit Damages of Healthcare Providers

Retrieved on: 
Wednesday, June 8, 2022
McLean, Lawyer, Hearing, Insurance, Kirkland & Ellis, Anthem Inc. (album), Alameda County Superior Court, Court, Kirkland, United States bankruptcy court, Memory, Plan, Defendant, Cravath, Swaine & Moore, Public policy, Multiplan, VHS, Trust, SAN, Verity Health System, Plaintiff, Blue Cross Blue Shield Association, LLP, Private law, Mayer Brown, Online gambling, Health insurance, Blues, Bartko

SAN FRANCISCO, June 8, 2022 /PRNewswire/ -- On June 1, 2022, the Honorable Evelio Grillo of the Alameda Superior Court, in VHS Liquidating Trust, et al. v. Blue Cross Blue Shield Association, et al., Case Number RG21106600, issued two comprehensive orders that emphatically rejected the Defendants' attempts to dismiss the Plaintiffs' claims and limit their potential damages. 

Key Points: 
  • v. Blue Cross Blue Shield Association, et al., Case Number RG21106600, issued two comprehensive orders that emphatically rejected the Defendants' attempts to dismiss the Plaintiffs' claims and limit their potential damages.
  • First, the Court rejected Defendants' efforts to dismiss 10 of Plaintiffs' 13 claims and gave Plaintiffs leave to amend the 13th claim.
  • Second, the Court rebuffed Defendants' attempt to limit the damages period, preserving Plaintiffs' ability to pursue subscriber and provider damages dating back to 2008 and 2009, respectively.
  • Bartko is already investigating bringing similar claims on behalf of other providers similarly injured by the conduct of the Blues.

DISCO Welcomes New Chief Marketing Officer and Vice President of Product Strategy

Retrieved on: 
Monday, June 6, 2022
Professional Services, Data Management, Technology, Legal, Software, Internet, Leadership, Case management, Kirkland & Ellis, Lawyer, Product, IP, Patent, Private law, Awareness, Science and technology in Asia, Bryan Cave, Katie, Solution, Kirkland, Growth, Vonage, Technology, Review, NYSE, MongoDB, Industry, The Society of the Spectacle, History, Philosophy, LLP, API, Nightclub, Management

Tom Furr joins DISCO as chief marketing officer, and Katie DeBord joins as vice president of product strategy.

Key Points: 
  • Tom Furr joins DISCO as chief marketing officer, and Katie DeBord joins as vice president of product strategy.
  • Tom Furr will own strategy and execution across brand, communications, demand generation, sales enablement, field marketing, digital and performance marketing, creative, and communities.
  • DISCO Chief Marketing Officer Tom Furr said: The industry is just beginning to realize the potential of legal technology to transform the practice of law.
  • DISCO Vice President of Product Strategy Katie DeBord said: I am passionate about legal innovation and helping legal teams use technology in transformative ways.

Brentwood Associates Partners with Hissho Sushi

Retrieved on: 
Tuesday, May 24, 2022
Retail, Professional Services, Food, Beverage, Finance, Knowledge, Company, Conti, History, L.L.C, Food, Chicken Salad Chick, Kirkland & Ellis, Restaurant, Airport, Industry, William Blair & Company, Brentwood Associates, Partnership, Diet, Hospital, Kirkland, LinkedIn, Twitter, Associate, ContiGroup Companies, LLC, Growth, Fast food, Financial services, Facebook, Instagram

Brentwood Associates (Brentwood), a leading growth-oriented private equity firm, has acquired a majority interest in Hissho Sushi (Hissho or the Company).

Key Points: 
  • Brentwood Associates (Brentwood), a leading growth-oriented private equity firm, has acquired a majority interest in Hissho Sushi (Hissho or the Company).
  • Founded in 1998, Hissho is the second-largest franchisor of turnkey sushi solutions and is leading the charge on delivering fresh, premium sushi that customers crave.
  • Commenting on the new partnership, Mr. Beem stated, We are excited to welcome Brentwood to the next chapter in the Hissho Sushi story.
  • Rahul Aggarwal, partner at Brentwood, commented, For more than 20 years, Hissho Sushi has been disrupting the dining industry and elevating the sushi experience nationwide.