April 29, 2019
The new firm will purchase minority stakes in alternative managers focused on a wide range of strategies, including private equity, credit, hedge funds, and venture capital.
Stonyrock Partners and Jefferies division Leucadia Asset Management have teamed up to raise a permanent capital vehicle to buy minority stakes in alternative managers focused on a wide range of strategies, including private equity, credit, hedge funds, and venture capital.
Willkie represented founders Craig Schortzmann and Sean Gallary who will lead Stonyrock.
The transaction was led by partner Bradley Friedman and included other partners Hillel Jacobson, Jordan Messenger and Mark Proctor, and associate Christopher Gandia.
