Structured Finance and Asset Securitization

Seward & Kissel LLP represented Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager, in connection with its strategic partnership with York Capital Management (“York”), a global private investment firm, 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 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 least $200 million of capital to be invested in the equity of Generate Advisors’ future CLOs.