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Private Equity
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October 31, 2025
Paul Weiss PE Partner On The Evolution Of Sports Investing
On the heels of launching its official sports practice, Paul Weiss Rifkind Wharton & Garrison LLP partner Marco Masotti spoke with Law360 about the booming sports deals market, as the sector experiences a steady stream of new private investment.
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October 31, 2025
TXSE Boasts $250M Total Capital After Latest Funding Round
TXSE Group, a company preparing to launch a Texas-based stock exchange similar to the likes of the New York Stock Exchange, revealed Friday it has raised more than $250 million in total capital following its second financing round that welcomed new investor J.P. Morgan.
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October 30, 2025
CoreWeave's $9B Deal For Core Scientific Scrapped After Vote
CoreWeave Inc.'s deal to acquire crypto mining company Core Scientific Inc. for roughly $9 billion has been terminated after Core Scientific's shareholders voted against the proposed merger, the companies announced Thursday.
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October 30, 2025
PE Fund, Adviser Overvalued Portfolio, Investor Suit Claims
A private equity fund faces a proposed investor class action alleging its net asset value collapsed after it invested heavily in companies that benefited the fund's owners, and falsified their valuations to conceal the "severe underperformance" of these portfolio companies.
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October 30, 2025
NBA OKs Walter's Purchase Of Lakers, Ends Buss Family Era
Mark Walter, co-chair and CEO of holding company TWG Global, was approved Thursday as majority owner of the Los Angeles Lakers by a unanimous vote of NBA owners.
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October 30, 2025
Agri Stats, Pork Producers Push To Pause Price-Fixing Case
Agri Stats Inc. and pork producers facing an impending trial on allegations that they schemed to limit pork supply and drive up prices are asking a Minnesota federal judge to pause the case while they continue a push for his recusal in the Eighth Circuit.
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October 30, 2025
Conn. Justices Urged To Define 'Written Consent' To Jury Trial
An investment bank and related companies want Connecticut's Supreme Court to restore their $10.4 million win in a fraud suit after an appellate court overturned a bench trial verdict because it said the parties had agreed to present the case to a jury.
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October 30, 2025
Cooley, Fenwick Drive Travel Tech Firm Navan's $923M IPO
Corporate travel and expense management software provider Navan began trading publicly Thursday after raising $923 million in its initial public offering.
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October 30, 2025
OpenAI Preps For IPO At $1T Valuation, Plus More Rumors
Sam Altman's OpenAI is prepping plans for an initial public offering that could value the artificial intelligence behemoth at up to $1 trillion, Facebook-owner Meta is preparing for an up to $25 billion bond offering, and major banks are gearing up for the launch of a $38 billion debt offering to fund data centers to be used by technology giant Oracle.
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October 30, 2025
NewPoint, Morgan Properties Close $348M RE Fund
NewPoint Real Estate Capital and Morgan Properties have closed their affordable housing-focused credit fund with $348 million worth of equity commitments after the fund started off with a $250 million to $275 million fundraising target, NewPoint announced Oct. 30.
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October 29, 2025
ZoomInfo Must Face Investors' Accounting Fraud Suit
A Washington federal judge is allowing investors in software provider ZoomInfo Technologies Inc. to move forward with claims that the company acted to conceal post-pandemic customer losses, but threw out allegations against controlling shareholders that the judge said lacked a factual basis.
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October 29, 2025
OpenAI Co-Founder Dodges Musk Contempt Bid, For Now
A California federal magistrate judge refused Wednesday to let Elon Musk tee up contempt proceedings against an OpenAI co-founder for limiting what he'd say in a court-ordered second deposition and imposing conditions on a key document in the California federal court lawsuit challenging the ChatGPT maker's transition to a for-profit structure.
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October 29, 2025
Warburg, Madison International Unveil $300M RE Initiative
Private equity firm Warburg Pincus announced Wednesday that it has teamed up with real estate investment firm Madison International Realty to create a $300 million initiative that aims to use "liquidity solutions" to invest in discounted residential, industrial, cold storage and data center properties, among others.
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October 29, 2025
Dems Spotlight Risks Of Crypto, Private Equity In 401(k) Plans
The Trump administration's support for cryptocurrency and other private market investments in American retirement plans is "dangerous," a group of Democratic senators told two agencies tasked with carrying out an executive order that aims to make it easier for retirement plans to feature such assets.
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October 29, 2025
PE-Backed Medical Supplies Giant Medline Files For IPO
Private equity-backed medical supplies giant Medline has filed for its long-awaited initial public offering, eyeing a return to public markets four years after being taken private through a large buyout.
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October 29, 2025
PE Firm's £187M Bid For Engineer Renold Becomes Effective
Renold said Wednesday that private equity company MPE Partners' approximately £186.7 million ($247 million) takeover of the British industrial chain manufacturer has become effective, after the High Court sanctioned the deal on Monday.
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October 29, 2025
Kirkland, Simpson Advise On $2.2B Jamf Go-Private Deal
Tech-focused private equity firm Francisco Partners will acquire Jamf in an all-cash transaction valued at approximately $2.2 billion, the companies said Wednesday, in a deal steered by Kirkland & Ellis LLP and Simpson Thacher & Bartlett LLP.
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October 29, 2025
3 Firms Guide Thermo Fisher On $8.9B Clario Deal
Thermo Fisher Scientific Inc. said on Wednesday it will acquire Clario Holdings Inc., a provider of endpoint data solutions for clinical trials, from a shareholder group led by Astorg, Nordic Capital, Novo Holdings and Cinven for $8.875 billion in cash.
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October 29, 2025
CMA Clears Healthcare Property Biz's £1.8B Assura Deal
The competition regulator said on Wednesday that it has cleared the acquisition by Primary Health Properties of rival healthcare properties landlord Assura PLC for approximately £1.8 billion ($2.38 billion).
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October 29, 2025
London Court Backs Corpay's £1.6B Deal For Alpha Group
A London court has given the green light to the £1.6 billion ($2.1 billion) acquisition of foreign exchange platform Alpha Group International PLC by Corpay Inc., paving the way for the deal to complete.
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October 28, 2025
3 Firms Guide Apex Treasury's $300M Blockchain, Crypto IPO
Special purpose acquisition company Apex Treasury Corp., guided by Perkins Coie LLP and Appleby (Cayman) Ltd., has completed a $300 million blockchain and cryptocurrency-focused initial public offering, which was supported by Pillsbury Winthrop Shaw Pittman LLP-led underwriters.
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October 28, 2025
Lexington Clinches $4.6B Co-Investment Vehicle
Private equity shop Lexington Partners, advised by Simpson Thacher & Bartlett LLP, on Tuesday revealed that it wrapped fundraising for its sixth co-investment fund after securing $4.6 billion worth of committed capital in what the firm says is "one of the largest" funds of its kind raised to date.
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October 28, 2025
Exactech Gets Another $19M In DIP Funds Ahead Of Sale
Joint implant maker Exactech Inc. received a Delaware bankruptcy judge's permission Tuesday to borrow an additional $19.1 million in its Chapter 11 case as the company works to complete an asset sale by the end of the week.
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October 28, 2025
Canada's Cygnet Buying Kiwetinohk In $1B Energy Deal
Cygnet Energy Ltd. said Tuesday it has agreed to buy fellow Canadian energy company Kiwetinohk Energy Corp. for approximately CA$1.4 billion ($1 billion) inclusive of equity and assumed debt.
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October 28, 2025
Kirkland, V&E Steer Close Of EnCap's $2B Continuation Fund
Energy investor EnCap Investments LP, advised by Kirkland & Ellis LLP and Vinson & Elkins LLP, on Tuesday announced that it wrapped fundraising for a continuation vehicle meant to continue its partnership with PennEnergy Resources LLC after securing more than $2 billion in capital commitments.
Expert Analysis
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Series
Judging Figure Skating Makes Me A Better Lawyer
Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.
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What Ethics Rules Say On Atty Discipline For Online Speech
Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.
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Balancing The Risks And Rewards Of Private Equity In 401(k)s
The recent executive order directing government agencies to consider encouraging private equity and other alternative investments in 401(k) plans does not change the fundamental fiduciary calculus or reduce risk, as success with private investments will depend on careful analysis of both participant demand and fiduciary obligations, say attorneys at Jenner & Block.
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2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers
Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.
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Junior Attys Must Beware Of 5 Common Legal Brief Mistakes
Excerpt from Practical Guidance
Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.
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Series
Power To The Paralegals: How And Why Training Must Evolve
Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.
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Series
Playing Softball Makes Me A Better Lawyer
My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.
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IPO Suit Reinforces Strict Section 11 Tracing Requirement
A California federal court's recent dismissal of an investor class action against Allbirds in connection with the company's initial public offering cites the U.S. Supreme Court's 2023 Slack v. Pirani decision, reinforcing the firm tracing requirement for Section 11 plaintiffs — even at the pleading stage, say attorneys at Paul Weiss.
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Law School's Missed Lessons: Mastering Time Management
Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.
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Calif. Bill May Shake Up Healthcare Investment Landscape
If signed by the governor, newly passed California legislation would significantly expand the Office of Health Care Affordability's oversight of private equity and hedge fund investments in healthcare companies and management services organizations, and raise several questions about companies' data confidentiality and filing burdens, say attorneys at Ropes & Gray.
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How Hyperlinks Are Changing E-Discovery Responsibilities
A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.
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State False Claims Acts Can Help Curb Opioid Fund Fraud
State versions of the federal False Claims Act can play an important role in policing the misuse of opioid settlement funds, taking a cue from the U.S. Department of Justice’s handling of federal fraud cases involving pandemic relief funds, says Kenneth Levine at Stone & Magnanini.
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Revamped Opportunity Zones Can Aid Clean Energy Projects
The Qualified Opportunity Zone program, introduced in 2017 and reshaped in the One Big Beautiful Bill Act, offers investors federal tax incentives for development in low-income communities — incentives that are especially meaningful for clean energy projects, where capital-intensive infrastructure and long-term planning are essential, say attorneys at Dentons.
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Atkins-Led SEC Continues Focus On Private Funds
Since the change in administration, there has overall been a more accommodative regulatory stance toward private funds, but a recent enforcement action suggests that the U.S. Securities and Exchange Commission is not backing off from enforcement in the space completely, say attorneys at Simpson Thacher.
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Series
Writing Musicals Makes Me A Better Lawyer
My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.