Milbank LLP advised WhiteStar Asset Management (“WhiteStar”), a credit-focused investment management firm with a focus on CLOs, in connection with Clearlake Capital Group, L.P.’s ("Clearlake") acquisition of a majority stake in WhiteStar from Pine Brook Capital Partners in partnership with WhiteStar’s management team, as detailed in the press release issued by the companies.
The Milbank deal team was led by Structured Finance partner Sean M. Solis and Global Corporate special counsel Iliana Ongun; Structured Finance associate Mitchell Hoke; Corporate associate Alexander Shapos; Tax partner Russell Kestenbaum; and Executive Compensation and Employee Benefits partner Mike Shah and associate James Beebe.