Kirkland Advises Centerbridge Partners on Acquisition of $400 Million Consumer Loan Portfolio From Upstart
August 01, 2024
August 01, 2024
CHICAGO, Illinois, Aug. 1 -- Kirkland and Ellis, a law firm, issued the following news release on July 31, 2024:
Kirkland & Ellis represented funds advised by leading global alternative investment firm Centerbridge Partners, L.P. in the acquisition of a $400 million consumer loan portfolio from Upstart (NASDAQ: UPST), an AI lending marketplace. The portfolio consists of consumer loans that Upstart previously held on its own balance sheet. Goldman Sachs Bank USA and certain affil . . .
Kirkland & Ellis represented funds advised by leading global alternative investment firm Centerbridge Partners, L.P. in the acquisition of a $400 million consumer loan portfolio from Upstart (NASDAQ: UPST), an AI lending marketplace. The portfolio consists of consumer loans that Upstart previously held on its own balance sheet. Goldman Sachs Bank USA and certain affil . . .