Kirkland & Ellis partner Debolt relocates to Hong Kong for private equity
Global law firm Kirkland & Ellis International has relocated PE-focused Partner Michel Debolt from London to Hong Kong to bolster its private equity practice in Asia.
The firm currently has 10 private equity lawyers in its Hong Kong bureau, which was launched in 2006. Since that time, Kirkland claims to have represented more than 25 PE funds in deals including leveraged buyouts and growth equity investments, further citing transactions such as Bain Capital's investment in Gome Electrical Appliances Holdings Limited and its Asimco Technologies Limited acquisition, as well as Silver Lake Partners' acquisitions of Allyes Online Media Holding and Nobao Renewable Energy Holdings, among its key deals. Elsewhere in Greater China, Kirkland has six PE-focused lawyers in Shanghai.
Debolt specifically advises PE clients and their portfolio companies on business transactions such as mergers, acquisitions, JVs and equity restructurings and has worked with clients including Advantage Partners, Apollo Management, Bain Capital, Goldman Sachs Capital Partners and Providence Equity Partners. David Patrick Eich, Partner in Kirkland's Hong Kong office, publicly said the firm is strengthening its practice because "the rapid growth in the Asian private equity markets has increased the demand" for such legal services.
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