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Latham & Watkins Advises Hg in US$5.1 Billion Sale of Gen II Fund Services to KKR

October 7, 2026
New York-based corporate team represents the European and transatlantic technology and services businesses investor.

Hg, together with General Atlantic and other minority investors, has announced the sale of Gen II Fund Services, LLC, a global leader in private capital fund administration, to KKR for a total enterprise value of US$5.1 billion.

Latham & Watkins LLP represents Hg in the transaction with a corporate deal team led by New York partners Alex Kelly and Shanta Chirravuri, with associate Miles Gilhuly.

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