Private Equity

  • February 26, 2025

    Matterport Tells Del. Justices Ex-CEO Cash-Out Rulings Flawed

    An attorney for 3-D building imaging company Matterport Inc. and an affiliate told Delaware's Supreme Court on Wednesday that the Court of Chancery relied on a "shockingly expansive" definition of the phrase "immediately following" in a decision that ultimately added $79 million to a former CEO's postmerger cash-out after Matterport's go-public sale.

  • February 26, 2025

    GOP-Led House Panel Pushes Easier Rules On Capital Raising

    A U.S. House of Representatives subcommittee invited input Wednesday on a slew of deregulatory bills that seek to ease rules governing private and public securities offerings, drawing plaudits from the Republican majority and mixed responses from Democrats.

  • February 26, 2025

    Simpson Thacher Guides $1B Real Estate Secondaries Fund

    Neuberger Berman, an investment management firm advised by Simpson Thacher & Bartlett LLP, has capped its second real estate private equity secondary fund at $1.05 billion, surpassing its target by $200 million, according to a Wednesday announcement.

  • February 26, 2025

    Conn. Judge Tosses False Origin Claims In Atty's Firing Suit

    A Connecticut federal judge has dismissed an attorney's lawsuit against his former firm and a litigation finance group described as its biggest client, nixing false designation and false origin claims surrounding the firm's alleged use of his name to lure clients after firing him.

  • February 26, 2025

    USC Escapes PE Exec's $75M 'Varsity Blues' Suit, For Now

    The University of Southern California escaped a $75 million suit by a Massachusetts businessman ensnared in the "Varsity Blues" college admissions scandal after a judge found that the parent's claims are time-barred, though she said she'd give him another chance to make his case.

  • February 26, 2025

    3 Firms Rep On $1.8B Global Net Lease Property Sale

    Global Net Lease Inc. said Wednesday it has agreed to sell its multi-tenant portfolio of 100 non-core properties to a subsidiary of RCG Ventures Holdings LLC for about $1.8 billion, as the real estate investment trust pushes ahead with its strategy to become a purely single-tenant leasing company.

  • February 26, 2025

    Kirkland-Led Blackstone Wraps $5.6B Energy-Focused Fund

    Private equity giant Blackstone, advised by Kirkland & Ellis LLP, on Wednesday announced that it wrapped its fourth energy transition-focused private equity fund after securing $5.6 billion of investor commitments.

  • March 05, 2025

    Fladgate Boosts Private Equity Team With Avonhurst Hire

    Fladgate LLP has added a corporate mid-market specialist as a partner to its London office, as the firm swoops to bolster its growing private capital practice.

  • February 25, 2025

    SEC Is Asked For Background On Fugitive Trader's Death Docs

    A Connecticut federal judge has asked the Securities and Exchange Commission for more information about its investigation into what appears to be a forged death certificate for a fugitive trader who fled to India nearly a decade ago.

  • February 25, 2025

    Tampa Bay Rays To Return $200K In Alleged Ponzi Proceeds

    A Georgia federal judge on Tuesday approved a settlement in which the Tampa Bay Rays have agreed to relinquish $200,000 the baseball team received for marketing services as part of an alleged Ponzi scheme.

  • February 25, 2025

    SEC's Small Biz Panel Seeks Relief For Venture Funds

    A U.S. Securities and Exchange Commission advisory group is recommending the agency ease rules to allow qualifying venture funds to attract more investors without registering with the SEC, hoping to bolster capital available to small businesses.

  • February 25, 2025

    Nelson Mullins Brings On Corporate Ace From Fla. Boutique

    Nelson Mullins Riley & Scarborough LLP announced Tuesday that it has deepened its real estate and corporate capabilities with a new partner in its Boca Raton, Florida, office from Kapp Morrison LLP.

  • February 25, 2025

    Perkins Coie Adds 3 Greenberg Traurig M&A, PE Pros In Texas

    Perkins Coie LLP announced Tuesday that it had strengthened its mergers and acquisitions and private equity practices with three Greenberg Traurig lawyers who have come aboard as partners in Dallas and Austin.

  • February 25, 2025

    Kirkland-Led Thoma Bravo Snags €1.8B For 1st Europe Fund

    Software-focused private equity shop Thoma Bravo, advised by Kirkland & Ellis LLP, on Tuesday announced that it closed its first European-focused fund after securing €1.8 billion ($1.89 billion) from investors.

  • February 24, 2025

    SEC Could Loosen Income Limits On Startup Investments

    The U.S. Securities and Exchange Commission's acting chairman said Monday that the agency is looking at a number of changes aimed at freeing up capital for investment, including the possibility of allowing lower- and middle-income Americans to invest in private, early-stage companies.

  • February 24, 2025

    'Varsity Blues' Suit Against USC An 'Uphill Battle,' Judge Says

    A Los Angeles judge said Monday that while a private equity investor's fraud suit against USC over his prosecution in the "Varsity Blues" case will likely make it past the pleading stage, he will later face an "uphill battle" given how much time has passed since the high-profile college admissions scandal.

  • February 24, 2025

    CVC Sells Stake In India Hospital Chain To KKR For $400M

    Private equity shop CVC on Monday announced that it has agreed to sell its majority stake in Indian oncology hospital chain Healthcare Global Enterprises to Simpson Thacher & Bartlett LLP-advised KKR for $400 million.

  • February 24, 2025

    Trump Media Seeks Shareholder Approval To Leave Delaware

    The owner of Donald Trump's social media platform plans to hold a shareholder vote in April asking investors whether it should move its legal address to Florida, potentially joining a growing number of companies reincorporating outside of Delaware.

  • February 24, 2025

    Fund Formation Group Of The Year: Proskauer

    Proskauer Rose LLP worked with Ares Management Corp. on its largest-ever private credit fundraise and advised StepStone Group on the formation of its $3.3 billion venture capital secondaries fund, among other achievements, earning the firm a spot among the 2024 Law360 Fund Formation Groups of the Year.

  • February 24, 2025

    NinjaOne Valued At $5B After $500M Series C Funding

    Automated endpoint management company NinjaOne on Monday revealed that it hit a $5 billion valuation after raising $500 million in Series C extension funds, which will be used to drive research and development efforts among other goals.

  • February 24, 2025

    Blackstone Paying $5.65B For US Marina Servicing Giant

    Blackstone has agreed to acquire Dallas-based Safe Harbor Marinas, the largest marina and superyacht servicing business in the U.S., from Sun Communities Inc. for $5.65 billion, the companies said Monday.

  • February 24, 2025

    Skadden, Ropes & Gray Advising On 23andMe Buyout Bid

    The CEO of 23andMe has teamed up with private equity firm New Mountain Capital on an offer to purchase and take the genetic testing company private at an equity value of approximately $74.7 million, according to a filing with the U.S. Securities and Exchange Commission.

  • February 24, 2025

    4 Firms Advise On Apollo's $1.5B Bridge Investment Buy

    Apollo Global Management said Monday it has agreed to buy Bridge Investment Group Holdings Inc., a Salt Lake City, Utah-based real estate investment manager, in a $1.5 billion deal steered by four law firms, as Apollo looks to expand its real estate equity and credit offerings.

  • February 24, 2025

    Just Eat Gets €4.1B Offer From Dutch Investor To Go Private

    Global investment group Prosus said Monday that it will buy Just Eat Takeaway.com in a €4.1 billion ($4.3 billion) take-private deal to tap into the European food delivery market.

  • February 24, 2025

    Skadden Leads Brookfield To Buy Renewables Biz For $1.7B

    National Grid said on Monday that it has agreed to sell its green subsidiary in the U.S. to Brookfield for $1.74 billion as the Canadian asset manager ups its stake in the rapidly growing renewables sector.

Expert Analysis

  • How Fund Advisers Can Limit Election Year Pay-To-Play Risks

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    With Minnesota Gov. Tim Walz now the Democratic candidate for vice president, politically active investment advisers should take practical steps to avoid triggering strict pay-to-play rules that can lead to fund managers facing mutli-year timeouts from working with public funds after contributing to sitting officials, say attorneys at Dechert.

  • FTC Focus: What Access To Patent Settlements Would Mean

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    Settling parties should adopt a series of practice tips, including specifying rationales to support specific terms, as the Federal Trade Commission seeks to expand its access to settlements before the Patent Trial and Appeal Board, say Shannon McGowan and David Munkittrick at Proskauer.

  • Why Attorneys Should Consider Community Leadership Roles

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    Volunteering and nonprofit board service are complementary to, but distinct from, traditional pro bono work, and taking on these community leadership roles can produce dividends for lawyers, their firms and the nonprofit causes they support, says Katie Beacham at Kilpatrick.

  • 9 Liability Management Tips As Debt Maturity Cliff Looms

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    As the debt maturity cliff swiftly approaches in this challenging environment, attorneys at Winston & Strawn highlight the top considerations for boards of directors and finance professionals to think about when structuring and executing liability management transactions, including reviewing capital structure, evaluating debt covenants, and more.

  • Firms Must Offer A Trifecta Of Services In Post-Chevron World

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    After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.

  • 5 Tips To Succeed In A Master Of Laws Program And Beyond

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    As lawyers and recent law school graduates begin their Master of Laws coursework across the country, they should keep a few pointers in mind to get the most out of their programs and kick-start successful careers in their practice areas, says Kelley Miller at Reed Smith.

  • Series

    Being An Opera Singer Made Me A Better Lawyer

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    My journey from the stage to the courtroom has shown that the skills I honed as an opera singer – punctuality, memorization, creativity and more – have all played a vital role in my success as an attorney, says Gerard D'Emilio at GableGotwals.

  • How Law Firms Can Avoid 'Collaboration Drag'

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    Law firm decision making can be stifled by “collaboration drag” — characterized by too many pointless meetings, too much peer feedback and too little dissent — but a few strategies can help stakeholders improve decision-making processes and build consensus, says Steve Groom at Miles Mediation.

  • Opinion

    Litigation Funding Disclosure Key To Open, Impartial Process

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    Blanket investor and funding agreement disclosures should be required in all civil cases where the investor has a financial interest in the outcome in order to address issues ranging from potential conflicts of interest to national security concerns, says Bob Goodlatte, former U.S. House Representative for Virginia.

  • What NFL Draft Picks Have In Common With Lateral Law Hires

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    Nearly half of law firm lateral hires leave within a few years — a failure rate that is strikingly similar to the performance of NFL quarterbacks drafted in the first round — in part because evaluators focus too heavily on quantifiable metrics and not enough on a prospect's character traits, says Howard Rosenberg at Baretz+Brunelle.

  • Replacing The Stigma Of Menopause With Law Firm Support

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    A large proportion of the workforce is forced to pull the brakes on their career aspirations because of the taboo surrounding menopause and a lack of consistent support, but law firms can initiate the cultural shift needed by formulating thoughtful workplace policies, says Barbara Hamilton-Bruce at Simmons & Simmons.

  • Planning Law Firm Content Calendars: What, When, Where

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    During the slower month of August, law firms should begin working on their 2025 content calendars, planning out a content creation and distribution framework that aligns with the firm’s objectives and maintains audience engagement throughout the year, says Jessica Kaplan at Legally Penned.

  • Series

    Playing Golf Makes Me A Better Lawyer

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    Golf can positively affect your personal and professional life well beyond the final putt, and it’s helped enrich my legal practice by improving my ability to build lasting relationships, study and apply the rules, face adversity with grace, and maintain my mental and physical well-being, says Adam Kelly at Venable.

  • Law Firms Should Move From Reactive To Proactive Marketing

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    Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.

  • Tips For Revamping Patent Portfolio Strategy In AI Deal Era

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    Recent data suggests patents are significantly enhancing exit valuations, particularly with cutting-edge technologies like those powered by artificial intelligence, but it is necessary to do more than simply align patent strategy with business goals, says Keegan Caldwell at Caldwell Law.

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