Private Equity

  • March 19, 2026

    PE Behemoths Eye $10B OpenAI JV, Plus More Rumors

    Private equity firms, including TPG and Bain Capital, are considering forming a $10 billion joint venture with OpenAI, Finnish lift maker Kone Oyj is mulling an acquisition of its rival TK Elevator, and Australian investment firm Macquarie has backed out of a bidding war for a stake in Kuwait's oil pipeline network due to the conflict in the Middle East.

  • March 18, 2026

    Kyndryl Hid Cash Management Malpractice, Investor Claims

    Information technology services company Kyndryl Holdings Inc. and a current and former executive were hit with a proposed shareholder class action accusing them of misleading investors with representations that the company had sufficient control over its cash management practices.

  • March 18, 2026

    BofA Faces Suit Over Alleged $328M Crypto Ponzi Scheme

    Bank of America NA is the latest financial institution to face claims it aided and abetted a $328 million Ponzi scheme allegedly operated by the now-criminally charged CEO of cryptocurrency investment firm Goliath Ventures.

  • March 18, 2026

    NYU Tax Center Backs IRS In 2nd Circ. Limited Partner Fight

    An investment company's bid to restore a self-employment tax exemption for its limited partners improperly relies on state law to define their federal tax status, New York University's Tax Law Center told the Second Circuit in an amicus brief supporting the IRS.

  • March 18, 2026

    Security Biz Xbow Valued At $1B Following $120M Fundraise

    Offensive security company Xbow on Wednesday revealed that it reached a $1 billion valuation after closing a $120 million Series C funding round.

  • March 18, 2026

    KKR Plugs $310M Into Partnership With Indian E-Bus Biz

    Private equity giant KKR on Wednesday unveiled a strategic partnership with Indian electric commercial vehicle maker PMI Electro Mobility Solutions Private Ltd. and Allfleet in which KKR will plug up to $310 million to help grow Allfleet's electric bus platform and advance PMI Electro's manufacturing capabilities.

  • March 17, 2026

    SIFMA, Other Orgs Weigh In On SEC's 'Small Entity' Proposal

    The Securities Industry and Financial Markets Association is urging the U.S. Securities and Exchange Commission to increase its oversight of investment advisers should it move forward with a plan to categorize more mutual funds and advisers as small entities, saying the current playing field disadvantages broker-dealers.

  • March 17, 2026

    OpenAI, Musk Can't Argue Over Wealth In $38M Fraud Trial

    A California federal judge laid out the ground rules for an upcoming April jury trial on Elon Musk's claims OpenAI duped him into donating $38 million, barring evidence regarding the "wealth or lack thereof of any party," unless the dispute reaches the punitive damages stage, which the judge called "unlikely."

  • March 17, 2026

    BlackRock, State Street Want GOP States' ESG Suit Pared

    BlackRock and State Street have asked a Texas federal judge to significantly winnow antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that claims based on electricity buyers are too far removed from coal.

  • March 17, 2026

    Mich. Judge Denies SEC Win On Crowdfund Fraud, Urges Deal

    A Michigan federal judge Tuesday shot down the U.S. Securities and Exchange Commission's bid for summary judgment against a man the agency accused of orchestrating a $2 million cannabis crowdfunding fraud, finding the case might be better suited for settlement talks.

  • March 17, 2026

    Gradient Wraps $220M AI-Focused Venture Fund

    San Francisco-based venture capital firm Gradient on Tuesday announced that it wrapped its latest flagship seed fund after securing $220 million in investor commitments.

  • March 17, 2026

    Skechers Controllers Accused Of Unfair $9.4B 3G Buyout

    A Detroit pension fund is challenging the $9.4 billion take-private sale of Skechers U.S.A. Inc. to 3G Capital in Delaware Chancery Court, alleging the footwear company's controlling stockholders engineered an unfair deal that favored themselves at the expense of minority investors.

  • March 17, 2026

    Drug Developer GNQ To Go Public Via $500M SPAC Deal

    Techbio company GNQ Insilico has announced plans to go public by merging with special-purpose acquisition company IB Acquisition Corp. in a deal that values it at $500 million and was built by four law firms.

  • March 17, 2026

    4th Circ. Seems Leery Of Plant Closure Suit Against PE Firm

    The Fourth Circuit was skeptical Tuesday of ex-workers' bid to revive a proposed class action accusing a private equity firm of violating federal laws when it abruptly shut down a manufacturing plant, hinting that dropping the firm from a prior suit over the closure may preclude their case.

  • March 17, 2026

    Reed Smith Launches In Boston With 12 Attys From 7 Firms

    Reed Smith LLP has launched its first office in Boston with 12 lawyers from White & Case, Goodwin Procter, McDermott Will & Schulte, Morrison Foerster, Kirkland & Ellis, Weil Gotshal & Manges and K&L Gates, the firm announced Tuesday.

  • March 17, 2026

    Sands Capital Wraps $1.1B Global Innovation Fund

    Private equity shop Sands Capital revealed on Tuesday that it closed its third innovation fund after securing $1.1 billion of investor commitments.

  • March 17, 2026

    Victory Bolsters Janus Henderson Bid As Willkie Advises

    Victory Capital Holdings urged Janus Henderson Group on Tuesday to engage on a revised takeover proposal that boosts the cash portion of its bid while trimming the stock component, a move that Victory said provides greater value certainty to Janus and its shareholders.

  • March 16, 2026

    WisdomTree Snags Atlantic House In $200M Deal

    Financial services company WisdomTree Inc. on Monday announced plans to acquire London-based Atlantic House Holdings Ltd., in a deal worth roughly $200 million that was built by three law firms.

  • March 16, 2026

    Perpetual Selling Wealth Unit To Bain Capital For Up To $424M

    Perpetual Ltd. said Monday it has agreed to sell its wealth management business to private equity firm Bain Capital for up to 600 Australian dollars (about $424 million), with King & Wood Mallesons advising the Australian financial services firm.

  • March 16, 2026

    Honigman Continues PE Growth In Chicago With 2 New Attys

    Honigman LLP announced two Chicago-based additions to its private equity bench Monday — one from Kirkland & Ellis LLP and another from Ropes & Gray LLP.

  • March 16, 2026

    4 Firms Guide Crypto Firm Abra's $750M SPAC Merger

    Cryptocurrency platform Abra said Monday that it will go public through a merger with a special purpose acquisition company in a deal advised by four firms that's based on a $750 million valuation for Abra.

  • March 16, 2026

    SEC Enforcement Head Resigns After 7 Months

    The U.S. Securities and Exchange Commission announced Monday that its enforcement director, Margaret "Meg" Ryan, has resigned from the agency after nearly seven months on the job.

  • March 16, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court's docket last week featured disputes including an $83.75 million settlement tied to a renewable energy merger, fraud claims in a fertilizer company acquisition and a developer's fight for control of a major Philadelphia redevelopment project.

  • March 16, 2026

    Orion Wraps 4th Metals-Focused Fund With $2.2B In Tow

    Investment firm Orion Resource Partners LP on Monday revealed that it clinched its fourth fund with $2.2 billion, which will be used to invest across a portfolio of metals and minerals projects.

  • March 16, 2026

    Public Storage Inks $10.5B Deal To Create Industry Giant

    Public Storage Inc. said on March 16 it has agreed to acquire National Storage Affiliates Trust at an enterprise value of about $10.5 billion, with three law firms advising the REITs as they seek to create one of the largest self-storage platforms in the U.S.

Expert Analysis

  • Structuring Noncompetes In License And Collaboration Deals

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    As companies grappling with coming patent cliffs look to mergers and acquisitions to compensate, contracting parties assessing biopharma license and collaboration agreements should prepare to agree on noncompetes that ensure the parties' respective objectives are met and that their incentives are aligned, both under their collaboration and beyond, says Jeff Jay at Freshfields.

  • Patterns And Trends In Publicly Filed Insider Trading Policies

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    An assessment of insider trading policies filed by over 60 issuers reveals a range of common approaches and a few differences with respect to key policy terms, including the parties covered, the scope of prohibited activities and the exceptions to these prohibitions, say attorneys at Debevoise.

  • Series

    Coaching Cheerleading Makes Me A Better Lawyer

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    At first glance, cheerleading and litigation may seem like worlds apart, but both require precision, adaptability, leadership and the ability to stay composed under pressure — all of which have sharpened how I approach my work in the emotionally complex world of mass torts and personal injury, says Rashanda Bruce at Robins Kaplan.

  • Series

    Law School's Missed Lessons: How To Make A Deal

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    Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable.

  • 11th Circ. Ruling Shows Federal Question Jurisdiction Limits

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    The Eleventh Circuit's recent decision in AST Science v. Delclaux shows why it is extremely difficult for litigants to maintain a state law cause of action in federal court under Supreme Court precedent, says Paul Avron at Berger Singerman.

  • From Clerkship To Law Firm: 5 Transition Tips For Associates

    Excerpt from Practical Guidance
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    Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.

  • Associates Can Earn Credibility By Investing In Relationships

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    As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.

  • Assessing Strategies For Mixed-Use Pro Sports Projects

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    Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.

  • Filing Clarifies FTC, DOJ's Passive Investment Stance

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    The antitrust agencies' statement of interest filed in Texas v. Blackrock clarifies that certain forms of corporate governance engagement are permissible under the "solely for investment" exemption, a move that offers guidance for passive investors but also signals new scrutiny of coordinated engagement, say attorneys at Stinson.

  • Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling

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    The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.

  • Series

    Quilting Makes Me A Better Lawyer

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    Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.

  • What To Expect From 401(k) Plan Alternative Assets Order

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    The executive order this month making it easier for retirement plans to invest in alternative assets, including private equity, real estate and digital assets, marks a watershed moment for democratizing access to private markets, but the U.S. Department of Labor's anticipated formal rulemaking will also be impactful, say attorneys at Simpson Thacher.

  • How AI Is Easing Digital Asset Recovery In Fraud Cases

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    In combination with recent legislation and a maturing digital asset infrastructure, artificial intelligence tools are making it easier to recover stolen assets, giving litigants a more specific understanding of financial fraud earlier in the process and making it economically feasible to pursue smaller fraud claims, says Solomon Shinerock at Lewis Baach.

  • What 2 Profs Noticed As Transactional Law Students Used AI

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    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • State AGs Are Turning Up The Antitrust Heat On ESG Actions

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    Recent antitrust developments from red state attorneys general continue a trend of environmental, social and governance scrutiny, and businesses exposed to these areas should conduct close examinations of strategy and potential material risk, say attorneys at Morgan Lewis.

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