Private Equity

  • April 18, 2025

    5 Takeaways From Texas Stock Exchange's SEC Filing

    The newly formed Texas Stock Exchange LLC is proposing rules that largely resemble those of the New York heavyweights it seeks to challenge, along with some notable differences, leaving questions on how the exchange will distinguish itself. Here are five takeaways from TXSE's securities filing.

  • April 18, 2025

    DLA Piper Adds Partner To Investment Funds Practice

    Ropes & Gray LLP partner Matt Posthuma has jumped ship to DLA Piper, where he joins the firm's investment funds practice as a partner in its Chicago office.

  • April 17, 2025

    SolarWinds Sued For Docs On $4.4B Take-Private Deal

    Citing company controller clout and alleged minority stockholder sidelining, a SolarWinds Corp. stock-owning trust has sued in Delaware's Court of Chancery for documents related to the company's $4.4 billion, $18.50-per-share take-public deal from Turn/River Capital LP.

  • April 17, 2025

    Music Rights Orgs. Trade Barbs In Copyright Office Inquiry

    The organizations responsible for getting musical artists their royalty payments sparred with each other in comments to the U.S. Copyright Office, with one legacy organization accusing newer entrants of insufficient transparency, and one of those competitors in turn alleging "anticompetitive practices" by the established players.

  • April 17, 2025

    Lawmakers Probing Fire Truck Manufacturing For PE Harms

    A bipartisan pair of senators has launched an investigation into the alleged adverse effects of private-equity driven consolidation in the multibillion dollar fire truck industry.

  • April 17, 2025

    QXO Prices $500M Offering Connected To $11B Beacon Buy

    Building products distribution company QXO Inc. announced the pricing of a stock offering, with plans to raise $500 million, which will be used to finance a portion of its pending $11 billion acquisition of Beacon Roofing Supply Inc.

  • April 17, 2025

    OpenAI Eyes Windsurf, Activist Targets HP, And More Rumors

    OpenAI is preparing to bid about $3 billion to acquire coding developer Windsurf, activist fund Elliot Investment Management has purchased a major stake in Hewlett Packard with an eye toward pushing changes at the information technology giant, and private equity giant KKR is considering selling Atlantic Aviation for $10 billion.

  • April 17, 2025

    Akin-Led Crayhill Clinches $1.31B Principal Strategies Fund

    Crayhill Capital Management LP, advised by Akin Gump Strauss Hauer & Feld LLP, announced that it wrapped its third fund with approximately $1.31 billion of capital commitments.

  • April 17, 2025

    7-Eleven Parent Floats Refreshed Board With 4 New Nominees

    Japan's Seven & i Holdings Co. on Thursday proposed a refreshed slate of directors and reaffirmed its commitment to pursuing both internal reforms and a potential acquisition by Canada's Alimentation Couche-Tard.

  • April 17, 2025

    Mubadala Joins $14.5B Education JV With $600M Investment

    Mubadala Investment Co. said Thursday it will acquire a minority stake in Nord Anglia Education for $600 million, joining an EQT-led consortium that purchased the international schools organization in a $14.5 billion deal that closed last month.

  • April 17, 2025

    Alston & Bird-Led GoldState Music Secures $500M In Funding

    Alston & Bird LLP-advised music-focused private investment firm GoldState Music on Thursday revealed that it has secured $500 million in new strategic capital.

  • April 17, 2025

    Chinese Tea Chain Prices $411M US IPO Amid Trade Tension

    Chinese teahouse company Chagee Holdings Ltd., represented by Davis Polk & Wardwell LLP and underwriters' counsel Cleary Gottlieb Steen & Hamilton LLP, on Thursday priced a $411 million initial public offering at the top of its range despite U.S.-China trade tensions.

  • April 17, 2025

    Haynes Boone Atty Joins Mintz Capital Markets Team

    Mintz Levin Cohn Ferris Glovsky and Popeo PC said Tuesday that its New York office has welcomed a corporate attorney from Haynes Boone who advises investment banks and private issuers on equity securities offerings and strategic investments.

  • April 17, 2025

    Barclays To Offload Payments Business To Brookfield

    British lender Barclays Bank PLC said Thursday that it plans to sell most of its payments business to U.S. asset manager Brookfield in a move to realize the money it has invested in the subsidiary.

  • April 16, 2025

    AI Infrastructure Biz Auradine Wraps $153M Funding Round

    Blockchain and artificial intelligence infrastructure company Auradine Inc. on Wednesday announced that it closed its oversubscribed Series C funding round with $153 million of investor commitments.

  • April 16, 2025

    Musk Rips Calif. AG Decision To Not Join Suit Against OpenAI

    Elon Musk blasted a California attorney general's office decision declining to join his federal lawsuit against OpenAI, saying in a Tuesday filing the decision appears to "misapprehend" the complaint and its derivative claims and "mischaracterizes or misunderstands" the consortium of investors he's assembled to bid on OpenAI Inc.'s assets.

  • April 16, 2025

    Consumer-Focused SPAC Details $150M IPO Plans

    Blank check company Vendome Acquisition Corp. I has filed plans to raise up to $150 million in an initial public offering with the goal of acquiring a business in the consumer sector.

  • April 16, 2025

    Biotech Glycomine Closes $115M Series C Funding Round

    Biotechnology company Glycomine Inc. on Wednesday announced that it wrapped its Series C funding round with $115 million in tow to advance its lead candidate into a Phase 2b clinical trial.

  • April 16, 2025

    Hengeler Mueller-Led KKR To Buy German IT Biz For €451M

    Private equity giant KKR & CO. Inc. has agreed to acquire German IT services company Datagroup SE for approximately €451 million ($512 million) in a deal guided by Heuking and Hengeler Mueller.

  • April 16, 2025

    Sidley Brings On Gibson Dunn M&A Expert In California

    Sidley Austin LLP continues growing its California team, bringing in a Gibson Dunn & Crutcher LLP mergers and acquisitions expert as a partner in its Century City office.

  • April 15, 2025

    Cloud Startup Figma Confidentially Files IPO Amid Volatility

    Cloud-based design platform Figma Inc. said Tuesday it confidentially filed for an initial public offering, marking a first step toward going public during tense times for equity markets and coming more than one year after a failed merger with Adobe.

  • April 15, 2025

    Insurer Denies Coverage For Short Seller Cohodes' Libel Case

    Short seller Marc Cohodes, who was accused by a financial advisory firm of causing $5 million in reputational damage via libelous posts on X, cannot have coverage for the litigation, an insurer told a Montana federal court, noting that his homeowners policy excluded intentional wrongdoing.

  • April 15, 2025

    Natural Gas Biz Finalizes $400M Credit Facility

    Natural gas gathering and processing midstream company Vaquero Midstream on Tuesday announced that it closed on an expanded $400 million credit facility led by Bok Financial.

  • April 15, 2025

    Sheppard Mullin Brings On Troutman Energy Ace In NY

    Sheppard Mullin Richter & Hampton LLP has brought on another former Troutman Pepper Locke LLP partner in New York, bolstering its energy, infrastructure and project finance industry team again after bringing on a former Troutman partner last month, the firm said Tuesday.

  • April 15, 2025

    Ares Nabs Stake In Legal Asset-Focused PE Fund For $203M

    Litigation funder Omni Bridgeway, advised by DLA Piper, on Tuesday announced that major private equity firm Ares Management Corp., led by Clifford Chance LLP, has acquired a majority stake in its ninth continuation fund for approximately AU$320 million ($203 million) in cash.

Expert Analysis

  • Philly's Algorithmic Rent Ban Furthers Antitrust Policy Trends

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    A Philadelphia bill banning the use of algorithmic software to set rent prices and manage occupancy rates is indicative of growing scrutiny of this technology, and reflects broader policy trends of adapting traditional antitrust principles to respond to new technology, say attorneys at Ballard Spahr.

  • Predicting Shareholder Activism Trends In New Trump Admin

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    While President-elect Donald Trump has promised tax policies, deregulation and lax antitrust enforcement — which all fuel shareholder activism — a closer look at his first administration's track record suggests that his second presidency might be a mixed bag for activist investors and companies alike, say attorneys at Sidley.

  • Promoting Diversity In The Selection Of ADR Neutrals

    Excerpt from Practical Guidance
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    Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.

  • Series

    Playing Ultimate Makes Us Better Lawyers

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    In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron. 

  • E-Discovery Quarterly: Recent Rulings On Metadata

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    Several recent rulings reflect the competing considerations that arise when parties dispute the form of production for electronically stored information, underscoring that counsel must carefully consider how to produce and request reasonably usable data, say attorneys at Sidley.

  • The 3rd-Party Bankruptcy Release Landscape After Purdue

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    In its Purdue Pharma ruling prohibiting nonconsensual third-party releases, the U.S. Supreme Court did not comment on criteria to render a third-party release consensual, opening a debate in the bankruptcy courts on the permissibility of opt-out versus opt-in releases, say attorneys at Morgan Lewis.

  • Parsing SEC's Emerging Trend Of Section 204A Enforcement

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    The U.S. Securities and Exchange Commission recently settled with Sound Point Capital Management for violating Section 204A of the Investment Advisers Act, adding to a slew of charges against investment advisers that allegedly failed to safeguard material nonpublic information, say attorneys at Cozen O'Connor.

  • A Look At Grewal's Record-Breaking Legacy After SEC Exit

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    Gurbir Grewal resigned as director of the U.S. Securities and Exchange Commission's Division of Enforcement last month after more than three years on the job, leaving behind a legacy marked by record numbers of penalties and enforcement actions, as well as mixed results in aggressive lawsuits against major crypto players, say attorneys at Debevoise.

  • Striking A Balance Between AI Use And Attorney Well-Being

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    As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.

  • Empathy In Mediation Offers A Soft Landing For Disputes

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    Experiencing a crash-landing on a recent flight underscored to me how much difference empathy makes in times of crisis or stress, including during mediation, says Eydith Kaufman at Alternative Resolution Centers.

  • Series

    Being An Artist Makes Me A Better Lawyer

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    My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.

  • How Judiciary Can Minimize AI Risks In Secondary Sources

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    Because courts’ standing orders on generative artificial intelligence and other safeguards do not address the risk of hallucinations in secondary source materials, the judiciary should consider enlisting legal publishers and database hosts to protect against AI-generated inaccuracies, say attorneys at Lankler Siffert & Wohl.

  • How Attorneys Can Break Free From Career Enmeshment

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    Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological.

  • Short-Seller Implications Of 10th Circ.'s Overstock Decision

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    The Tenth Circuit's Oct. 15 decision in Overstock Securities Litigation provides clarity on the pleading standard for a market manipulation claim under the Exchange Act, and suggests that short sellers might not be able to rely on the fraud-on-the-market presumption typically invoked by securities plaintiffs, say attorneys at Paul Weiss.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

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    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

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