Kennedy Lewis and York Capital Close on Previously Announced CLO Strategic Partnership, Generate Advisors
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 also partners with high growth companies that are causing disruption, providing structured capital solutions to fit their needs. For more information, please visit Kennedy Lewis’ website at www.klimllc.com.
About York Capital Management
York Capital Management is a global private investment firm established in 1991. The firm manages approximately $13 billion in assets. York Capital employs approximately 45 investment professionals and over 134 employees globally, primarily in New York, London and Hong Kong. For more information, please visit York Capital’s website at www.yorkcapital.com.
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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…