M&A Finance
K&L Gates
Full Credential Description
Churchill Asset Management faced the challenge of providing liquidity to its investors without resorting to a traditional secondary sale. To address this niche issue, K&L Gates LLP advised Churchill on a structured liquidity transaction valued at $425 million. This innovative solution allowed Churchill to deliver material liquidity on a curated of buyout fund interests, which was essential for maintaining investor confidence and supporting the firm's growth strategies. The transaction was financed by Dawson Partners, a global alternative asset manager known for its focus on structured solutions in private markets. This strategic move not only provided immediate liquidity for Churchill's investors but also secured unfunded capital that would bolster the growth of Churchill’s middle-market GP-led secondaries and equity co-investment platforms. The tailored approach taken by K&L Gates, led by investment management partner Sasha Burstein and supported by a skilled team, ensured that Churchill could navigate its liquidity needs effectively while positioning itself for future opportunities in the market.
Measurable Results
Successfully completed $425M transaction