Debevoise & Plimpton LLP is advising Global Atlantic Financial Group, a retirement and life insurance company with $70 billion in investable assets, in a strategic transaction where KKR & Co. Inc. (NYSE: KKR) will acquire all of the outstanding shares of Global Atlantic. For more information, please see the company’s press release.

Global Atlantic, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help customers address financial challenges with confidence. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world. KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds.

The Debevoise team is led by partners David Grosgold and Nicholas Potter and includes partners Christopher Anthony, Gary Friedman and Jonathan Lewis and associates Andrew Field, Risa Gordon, Adam Namm, Matthew Parelman and Arianna Thompson.