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Akin Advises Kennedy Lewis in $50 Million Growth Investment in Douglas Elliman

July 2, 2024

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(New York) – Akin advised Kennedy Lewis Investment Management, a leading credit-focused alternative asset management firm, in the closing of a $50 million growth investment in Douglas Elliman Inc., one of the largest residential brokerage companies in the United States.

The investment strengthens Douglas Elliman’s balance sheet to fuel strategic growth and expansion.

More details on the transaction can be found here.

The Akin team was led by corporate practice co-head Zach Wittenberg, and included special situations & private credit partner Ryan Kim; corporate partners John Clayton, Chip Cowell and Shar Ahmed; counsel Josh Morry, Melissa Greenwood and Yehuda Raskin; and associates Grace Zhu, Jake Gawlak and Atena Sheibani-Nejad.

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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