01/22/2026 | Press release | Distributed by Public on 01/22/2026 12:05
Kirkland & Ellis advised Groupe Bruxelles Lambert (GBL) on its approximately €2 billion portfolio sale anchored by Carlyle AlpInvest. This transaction represents Europe's largest LP secondary sale in 2025 and one of the largest in secondary market history.
The portfolio comprised of more than 45 funds, primarily European buyout exposure.
The Kirkland team included investment funds lawyers Ted Cardos, Arie Scharf and Samuel Gibson; and tax lawyers Gal Shemer, Beatriz Capeloa Gil, Andrew Zhang and Lauren Lin.