An infrastructure trust created by Chicago Mayor Rahm Emanuel whose mission is to pump private funding into public works projects has enlisted Kirkland & Ellis as its pro bono legal counsel. Crain’s Chicago Business reported Friday that Kirkland is one of three pro bono advisers to the Chicago Infrastructure Trust, along with recruiting firm Spencer Stuart and financial adviser PFM Group. Announced in March, the trust is expected to raise $1.7 billion from private investors to be used for “transformative” infrastructure work, including energy efficiency projects in the city’s government buildings. Emanuel has identified the $7 billion, three-year initiative dubbed “Building a New Chicago”—which the mayor has said could generate up to 30,000 construction jobs—as one potential recipient of the trust’s largesse. Chicago-based Kirkland corporate partners R. Scott Falk and R. Henry Kleeman are heading the firm’s efforts on behalf of the trust, according to a firm spokeswoman. Falk generally handles M&A work for Kirkland clients, and was named The Am Law Daily‘s “Dealmaker of the Week” in April in connection with his role advising Molson Coors Brewing Company on its $3.54 billion purchase of Prague-based brewer StarBev. Kleeman, who specializes in corporate and securities law, has served as pro bono outside general counsel for another Chicago-based public/private partnership—the city’s Millennium Park civic center—since 1998. Last year, Emanuel hired former Kirkland litigation partner Stephen Patton to serve as the city’s corporation counsel.
To view this content, please continue to Lexis Advance®.
Not a Lexis Advance® Subscriber? Subscribe Now
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
For questions call 1-877-256-2472 or contact us at firstname.lastname@example.org