Akin Advises BlackRock in its Investment in Palladium Equity Partners Sponsored Continuation Fund

January 8, 2024

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Jacinta O'Shea-Ramdeholl

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Sarah Richmond

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(Washington, D.C.) – Akin advised BlackRock, Inc. in its lead investment in a continuation vehicle formed by Palladium Equity Partners, LLC. The $450 million multi-asset continuation vehicle acquired interests in three assets – Sky Zone, Del Real Foods and Jordan’s Skinny Mixes from Palladium Equity Partners IV, L.P., which closed on $1.14 billion in 2014.

More details on the transaction can be found here.

The Akin team was led by investment management partner Fadi Samman and included fellow partners Amanda Butler-Jones and Simon Ellis; corporate partner Timothy Clark; tax partner Stuart Alter and associate Menachem Fox; antitrust/competition senior counsel Brian Rafkin; and investment management associates Alexis Marion and Morgan Hensley.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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