Kirkland revenue up 15% as partner departs for Pillarstone
Kirkland & Ellis reported increases in revenue and profit per equity partner (PEP) for the 2016 financial year, with revenue up 15% to $2.65bn. PEP rose 14%, increasing to $4.1m from $3.6m the prior year.
The firm has also announced that restructuring partner Mark Knight has exited the firm, taking on a position as general counsel and partner at Pillarstone, an investment platform established by private equity company KKR Credit. Pillarstone was established in 2015 and is based in London.