Blog Post masonry

July 15, 2021 – New York, NY – Kennedy Lewis Investment Management LLC (“Kennedy Lewis”), a leading opportunistic credit manager, and York Capital Management Global Advisors, LLC (“York”), a global private investment firm, today announced the closing of the previously announced strategic partnership, Generate Advisors, LLC (“Generate Advisors”). About Kennedy Lewis Kennedy Lewis is an opportunistic credit manager founded in 2017 by David K. Chene and Darren L. Richman with approximately $7 billion under management across private funds and CLOs. Kennedy Lewis’ private funds primarily focus on middle-market companies facing disruption, whether it be cyclical, secular or regulatory related. The firm…

June 30, 2021 – Redmond, WA – EchoNous, the leader in portable AI-guided ultrasound tools and software, announced it has raised $60 million in funding from Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager with a strong track record of supporting innovative life sciences companies. The investment from Kennedy Lewis combines senior secured debt and equity and builds on the support of KKR, which has been EchoNous’ principal investor since 2015. Proceeds from the financing will help fuel the commercial launch of Kosmos, EchoNous’ flagship device. Kosmos is the first AI-guided point-of-care ultrasound (POCUS) system to provide diagnostic-quality imaging on…

June 28, 2021 – New York – Kennedy Lewis Investment Management LLC (“Kennedy Lewis”), a leading opportunistic credit manager, has hired David Valiaveedan and Brieanne Nikrandt as Managing Directors to lead the firm’s homebuilder financing strategy. Mr. Valiaveedan and Ms. Nikrandt joined Kennedy Lewis from DW Partners where they led residential investments since 2015. Mr. Valiaveedan has over 30 years of experience in real estate focused on the structuring and placement of debt and equity for public and private companies across the homebuilding, multifamily, office and hotel segments. While at DW Partners, Mr. Valiaveedan formed and led its homebuilder and land development investment…

April 22, 2021 – New York, NY – York Capital Management (“York”), a global private investment firm, and Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager, today announced a strategic partnership to form a new entity to be called Generate Advisors, LLC (“Generate Advisors”). Under the partnership agreement, York’s approximately $4 billion Collateral Loan Obligation (“CLO”) business and investment team, led by Rizwan Akhter, will transition to Generate Advisors and continue to manage York’s current CLO portfolio as well as any future CLOs issued by Generate Advisors. Kennedy Lewis will be investing in Generate Advisors and has committed at…

March 1, 2021 – Rochester, NY – Eastman Kodak Company (NYSE:KODK) today announced a series of financial transactions that provide access to new capital, address maturing obligations, and strengthen the Company’s ability to invest in strategic growth opportunities in print, advanced materials and chemicals. The transactions reflect investors’ confidence in Jim Continenza’s leadership and the Company’s strategy and technologies, placing Kodak in its best financial position in years. Kennedy Lewis Investment Management LLC has provided Kodak with an initial $225 million term loan and a commitment to provide delayed-draw term loans of up to an additional $50 million which may be…

February 1, 2021 – New York, NY – Kennedy Lewis Investment Management LLC (“Kennedy Lewis”), a leading opportunistic credit manager, has hired Sylvia Owens as a Managing Director on the business development team. Ms. Owens joins Kennedy Lewis from Aksia, a specialty investment consultant, where she was a Managing Director and Global Private Credit and Real Assets Strategist. In her role at Aksia, she was responsible for overseeing the implementation of private credit and real assets portfolios across a global base of LPs, and advised investors with respect to portfolio construction, investment selection, risk, and tactical plans.  For years Sylvia has…

January 20, 2021 – New York, NY – Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager, today announced that it completed fundraising for Kennedy Lewis Capital Partners Master Fund II LP (“Fund II”) with $2.1 billion of capital commitments. Based on strong investor demand, Fund II attracted capital commitments far exceeding its initial $1 billion fundraising target. Kennedy Lewis’ first fund closed in November 2018 with over $500 million of committed capital. Fund II will be a continuation of the strategy employed by Kennedy Lewis’ previous fund, targeting event-driven and opportunistic financings across public, private, performing and…

January 14, 2021 – New York, NY – Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager, and Arena Aviation Capital (“Arena”), a full-service aircraft investment management company, today announced they have entered into a strategic partnership to launch a $1.5 billion aircraft leasing platform. The platform, named KLA Aviation Finance (“KLA”), will seek to acquire modern technology commercial aircraft assets leased to airlines globally, with a primary focus initially on young and new narrow-body aircraft. Kennedy Lewis has committed to provide equity financing to capitalize KLA. Arena will source transactions for the platform on an exclusive basis…

January 12, 2021 – New York, NY – KL Acquisition Corp (NASDAQ: KLAQU) (the “Company”) today announced the completion of its initial public offering of 28,750,000 units at a price of $10.00 per unit, which includes 3,750,000 units issued pursuant to the full exercise of the underwriter’s over-allotment option, for aggregate gross proceeds to the Company of $287,500,000. The Company’s units began trading on the Nasdaq Capital Market (“Nasdaq”) under the symbol “KLAQU” on January 8, 2021. Each unit issued in the offering consists of one share of the Company’s Class A common stock and one-third of one warrant, each…

January 7, 2021 – New York, NY –  KL Acquisition Corp (the “Company”) today announced that it priced its initial public offering of 25,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading Friday, January 8, 2021, under the ticker symbol “KLAQU.” Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable…