Private Equity

  • April 15, 2026

    Ace Secures $228M Across 2 Flagship Funds Despite Volatility

    Global investment group Ace & Company on Wednesday revealed that it secured a total of $228 million of capital commitments across two of its flagship funds in the first quarter of the year, a feat that the firm said came during "significant" market volatility and "heightened" geopolitical uncertainty.

  • April 15, 2026

    Cvent Investors Reach $12M Deal To End Take-Private Suit

    Stockholders of cloud-based event management technology provider Cvent Holding Corp. have reached a $12 million settlement with the company, its top brass and its controlling shareholder over claims that they breached their fiduciary duties in connection with the company's $4.6 billion take-private sale to affiliates of Blackstone Inc.

  • April 15, 2026

    V&E, Kirkland Advise On $650M Natural Gas Storage Sale

    Spire Inc. said Wednesday it has agreed to sell its natural gas storage assets in Wyoming and Oklahoma to global infrastructure investor I Squared Capital for $650 million.

  • April 15, 2026

    White & Case Hires Reed Smith M&A Partner In DC

    White & Case LLP has hired a former Reed Smith LLP partner, who is joining the team in Washington, D.C., to continue her practice focused on mergers and acquisitions matters.

  • April 15, 2026

    Leo Says Missteps Sank $50M SpaceX Investment In Appeal

    The Delaware Supreme Court on Wednesday grappled with whether a fund manager's handling of a failed $50 million SpaceX investment crossed the line into fiduciary misconduct, as attorneys for both sides clashed over causation, fairness and a controversial $16 million fee award stemming from the dispute.

  • April 15, 2026

    Goodwin-Led Topspin Wraps $328M Consumer-Focused Fund

    Goodwin Procter LLP-advised private equity shop Topspin Consumer Partners on Wednesday revealed that it closed its third fund after securing $328 million in capital commitments.

  • April 15, 2026

    Sidley Adds Another NY Capital Markets Pro From Cravath

    Sidley Austin LLP announced Wednesday that it has hired another New York-based capital markets attorney from Cravath Swaine & Moore LLP, touting her history advising venture capital-backed companies, founders, investors and financial institutions on a range of corporate matters.

  • April 15, 2026

    Smaller Deals Drove US Private Equity In Q1 As Exits Slumped

    U.S. private equity dealmakers closed more transactions in the first quarter of 2026 than a year earlier but deployed less capital as exits plunged, signaling a shift to smaller deals amid heightened macroeconomic and geopolitical uncertainty.

  • April 14, 2026

    Armistice Capital Used COVID To Juice Vaxart Stock, Jury Told

    Hedge fund Armistice Capital and two of its executives exploited the COVID-19 pandemic to issue press releases that falsely inflated their controlling share in pharmaceutical company Vaxart, then dumped the shares for $250 million before the bottom fell out, investors told a California federal jury at the start of trial Tuesday.

  • April 14, 2026

    Trump's Fed Chair Pick Will Get Senate Hearing Next Week

    The Senate Banking Committee will meet next week to vet Kevin Warsh as President Donald Trump's nominee as the next leader of the Federal Reserve, moving forward with his confirmation process despite bipartisan protests over a still-pending probe of current Fed Chair Jerome Powell.

  • April 14, 2026

    Foundation Building Investors Ink $26M Deal Over PE Buyout

    The CEO, controlling investor and board members of specialty building product maker Foundation Building Materials Inc. and others have reached a $26 million settlement with stockholders who challenged the company's $1.4 billion sale to a private equity buyer on claims that the defendants breached their fiduciary duties.

  • April 14, 2026

    Red State AGs Fight Bid To Trim Suit Against BlackRock

    Republican attorneys general are opposing a bid by BlackRock and State Street to trim a suit accusing the asset managers of driving up coal prices, arguing that the firms' assertion that the suit cannot get past the U.S. Supreme Court's decision on federal antitrust damages claims is incorrect.

  • April 14, 2026

    Aluminum Parts Maker Strikes $2M Deal To End ESOP Lawsuit

    An aluminum components manufacturer will pay $2 million to resolve a proposed class action alleging it mismanaged its employee stock ownership plan by investing non-company assets too conservatively, according to a Tuesday filing in California federal court.

  • April 14, 2026

    3 Firms Guide TPG's Bet On College Sports Rights Giant

    Alternative asset manager TPG said Tuesday it has agreed to acquire Learfield, a leading college sports media and technology company, in a deal steered by three law firms. 

  • April 14, 2026

    Davis Polk-Led Lightyear Capital Raises $2.5B For 6th Fund

    Davis Polk & Wardwell LLP-advised middle market private equity shop Lightyear Capital on Tuesday announced that it closed its sixth fund at its hard cap after securing $2.5 billion of investor commitments.

  • April 14, 2026

    Eli Lilly To Purchase Cooley-Led CrossBridge In $300M Deal

    Venture-backed pre-clinical biotechnology firm CrossBridge Bio Inc., advised by Cooley LLP, on Tuesday announced that it has agreed to be bought by pharmaceutical giant Eli Lilly & Co. in a deal worth up to $300 million.

  • April 14, 2026

    OpenAI Says Musk Remedy Shift Leaves 'No Case Left To Try'

    OpenAI is pushing back after Elon Musk said he would seek to have Sam Altman removed as the artificial intelligence company's CEO in a case challenging its conversion to a for-profit entity, telling a California federal court that the last-minute change adds a host of issues just weeks before trial.

  • April 14, 2026

    Avanos Medical Going Private In $1.3B Deal Led By 3 Firms

    American Industrial Partners has agreed to acquire Avanos Medical Inc. in an all-cash transaction valued at nearly $1.3 billion, a take-private deal steered by three law firms, Avanos announced Tuesday. 

  • April 13, 2026

    Citron's 'Shadowy Gang' Sued Over Short Selling Campaign

    Shareholders of PolarityTE have alleged in a new suit that "members of a shadowy gang of short sellers" conspired to short the biotechnology company's stock through targeted negative media attacks with Citron Research to enrich themselves at the expense of the shareholders, and that they ultimately caused the company's bankruptcy.

  • April 13, 2026

    Obesity Drugmaker Leads 2 Biotech Startups Eyeing IPOs

    Two biotechnology startup companies on Monday filed plans for their public debuts, with obesity-focused Kailera Therapeutics planning to raise an estimated $500 million in its initial public offering and protein biomarker detection platform Alamar Biosciences planning to raise around $150 million.

  • April 13, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court's docket this past week featured a mix of high-stakes settlements, fast-moving deal litigation, governance disputes and a notable post-trial ruling involving fraud-tainted loans.

  • April 13, 2026

    Stikeman-Led GFL Inks $4.6B Waste Management Deal

    GFL Environmental Inc. has agreed to buy Secure Waste Infrastructure Corp. in a CA$6.4 billion ($4.6 billion) deal that would combine one of North America's largest waste haulers with a Western Canadian disposal and industrial waste infrastructure operator.

  • April 13, 2026

    26North Wraps $5.9B Debut PE Fund Above Target

    New York-based private equity shop 26North Partners LP announced Monday that it has closed its inaugural private equity fund above target with $5.9 billion in tow.

  • April 13, 2026

    DOJ Seeks OK On Blackstone's LivCor Rent Price-Fixing Deal

    The Justice Department has asked a North Carolina federal court to grant final approval to its settlement with LivCor LLC, a Blackstone portfolio company, which would resolve allegations that the landlord used RealPage's revenue management software to fix rent prices.

  • April 13, 2026

    Cooley Adds Ex-Silver Lake Leader To Private Equity Team

    Cooley LLP has strengthened its private equity offering by adding Silver Lake's former legal director of fund formation as a New York-based partner, the firm announced Monday.

Expert Analysis

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • Chancery Exec Noncompete Ruling Offers PE Buyer Lessons

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    In Derge v. D&H United Fueling Solutions, the Delaware Court of Chancery sided with a private equity-backed portfolio company by enforcing a noncompete against an executive, providing private equity buyers with a checklist of factors for an enforceable noncompete in the sale-of-business context, says Danielle Asaad at Squire Patton.

  • Expect A New Normal In Commercial Real Estate This Year

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    Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.

  • Food Industry Braces For MAHA And Other Challenges In 2026

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    After the Make America Healthy Again movement kept the U.S. Food and Drug Administration under pressure in 2025, actions in the food safety space are likely to continue this year, including updated Supplemental Nutrition Assistance Program dietary guidelines and processed food definitions, say attorneys at Wiley.

  • Top 5 Antitrust Issues For In-House Counsel To Watch In 2026

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    With Trump administration enforcement policy having largely taken shape last year, antitrust issues that in-house counsel should have on the radar range from scrutiny of technology-assisted pricing to the return of merger remedies, say attorneys at Squire Patton.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • How Fractional GCs Can Manage Risks Of Engagement

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    As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.

  • SEC Rulemaking Radar: A Reset, A Shift And A Preview Of '26

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    With major proposals withdrawn and new priorities emerging, forthcoming U.S. Securities and Exchange Commission proposals in 2026 will look to reshape how digital assets are regulated, recalibrate market structure and simplify how small companies go public, says Christopher Grobbel at Goodwin.

  • M&A Midmarket Shows Resilience Amid 2025 Challenges

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    Midmarket mergers and acquisitions showed a slight decline in volume but climbed in value for much of 2025, particularly in the private equity space, indicating that the middle market M&A environment is cautious but steady heading into 2026, say attorneys at Stoel Rives.

  • Del. Dispatch: Key 2025 Corporate Cases And Trends To Know

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    The Delaware corporate legal landscape saw notable changes in 2025, spurred by amendments to the Delaware General Corporation Law, ubiquitous artificial intelligence fervor, boardroom discussion around DExit, record shareholder activism activity and an arguably more expansive view of potential Caremark liability, say attorneys at Fried Frank.

  • Series

    Nature Photography Makes Me A Better Lawyer

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    Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.

  • 2025 Brought A New Paradigm For Federal Banking Regulation

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    A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.

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