Kirkland Work at Kushner’s Thrive Extends Firm’s Financial Clout

When Josh Kushner’s Thrive Capital Management LLC sold a 3.3% stake in itself to a group of investors last week, it turned to Kirkland & Ellis to help close the deal.

The transaction further cemented the law firm’s ties to the venture capital firm. Thrive disclosed last month it hired Kirkland partner Marian Fowler to be its new chief compliance officer and general counsel.

Kirkland, the world’s highest-grossing law firm, uses a network of more than 6,000 former employees it calls alumni to strengthen connections with existing clients and recruit new ones—and to nail down lucrative financial transactions.

Fowler is ...