The Firm is representing KKR & Co. L.P. in its acquisition of Avoca Capital, a leading European credit investment manager with approximately $8 billion in assets under management.  Avoca invests across five strategies – European loans and bonds, credit opportunities, long/short credit, convertible bonds and structured and illiquid credit.  The transaction is expected to close in the first quarter 2014.

The Simpson Thacher team who worked on this transaction includes: Elizabeth Cooper, Gary Horowitz, John Kupiec and Jihyun Chung (M&A); Lisa Klar and Peter Gilman (Funds); Joe Kaufman and Jennifer Nadborny (Capital Markets); and Katharine Moir and Jason Vollbracht (Tax).