01 Apr 2026
McDermott Will & Schulte expands funds platform with return of Cerberus COO Bill Kloos
"William (Bill) Kloos has rejoined McDermott Will & Schulte as a partner in its Transactions Practice Group in New York to bolster the firm’s investment funds and alternative investment funds practice."
Kloos returns to McDermott after spending more than a decade at global alternative investment firm Cerberus, where he served as counsel and chief operating officer of the asset-backed opportunities platform. He will join McDermott’s investment funds platform and Transactions Practice Group as a partner. At Cerberus he was responsible for developing and overseeing legal policies and procedures, and he brings experience advising across credit, private equity, and fund structuring and formation, together with a background in fundraising with limited partners and cultivating sponsor relationships. The firm notes he began his career at McDermott and will leverage his sponsor-side perspective to support the firm’s alternative investment funds work.