Kirkland & Ellis LLP

11/05/2025 | Press release | Distributed by Public on 11/05/2025 10:49

Kirkland Advises Fortress on Strategic Investment in Ripple

Kirkland & Ellis is advising funds managed by affiliates of Fortress Investment Group in connection with their participation in a $500 million strategic investment in Ripple, a leading financial technology company that offers crypto solutions for businesses. The investment values Ripple at a $40 billion valuation. Fortress is leading the investment round, with five other institutional investors joining.

Read the transaction press release

The Kirkland team includes corporate lawyer Kevin Crews and debt finance lawyer H.T. Flanagan, as well as corporate lawyers Adam Wojcik and Jack Messer; capital markets lawyer Jennifer Lee; and tax lawyers Mark Schwed and Daniella Wenger.

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