https://www.law360.com/privateequity?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Private Equity Copyright 2025 Portfolio Media, Inc. en-US Thu, 01 May 2025 21:33:07 +0000 https://www.law360.com/privateequity/articles/2332900?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332900 Private equity giant Apollo, advised by Paul Weiss Rifkind Wharton & Garrison LLP, on Thursday said that it closed on $8.5 billion in total commitments for its Accord+ strategy, including a $4.8 billion fund. Thu, 01 May 2025 20:01:48 +0000 https://www.law360.com/privateequity/articles/2333014?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2333014 Private equity-tilted limited liability company contract terms beat minority investor challenges to the fairness of the $8.9 billion merger in January 2023 that joined Summit Health-CityMD and VillageMD, a Delaware vice chancellor ruled late Wednesday. Thu, 01 May 2025 19:17:25 +0000 https://www.law360.com/privateequity/articles/2333071?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2333071 The Consumer Financial Protection Bureau has agreed to a proposed consent judgment that would vacate a Biden-era rule banning an estimated $49 billion in medical debt from credit reports, striking a deal with lender trade groups that sued in Texas federal court to block the rule. Thu, 01 May 2025 18:35:19 +0000 https://www.law360.com/privateequity/articles/2332962?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332962 A special purpose acquisition company led by crypto influencer Anthony Pompliano and advised by Reed Smith LLP has filed for an initial public offering to raise $200 million, while two other blank-check companies eyeing the fintech and tech sectors have raised more than $400 million combined. Thu, 01 May 2025 16:56:41 +0000 https://www.law360.com/privateequity/articles/2333264?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2333264 White & Case LLP-advised Dream Games, which makes popular mobile games such as Royal Match and Royal Kingdom, on Thursday announced that it secured a strategic investment from its sole equity partner, Latham & Watkins LLP-led private equity shop CVC Capital Partners. Thu, 01 May 2025 15:36:10 +0000 https://www.law360.com/privateequity/articles/2332683?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332683 In a move designed to expand the firm's ability to serve clients in transactional matters, national private equity law boutique Massumi & Consoli announced that it has added a real estate practice, led by two New York-based partners who made the leap from Brown Rudnick LLP. Thu, 01 May 2025 14:31:06 +0000 https://www.law360.com/privateequity/articles/2332896?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332896 Hometown Food Co., a portfolio company of Holland & Knight LLP-advised private equity shop Brynwood Partners, on Thursday announced plans to acquire the iconic Chef Boyardee brand from Mayer Brown LLP-led Conagra Brands Inc. in a $600 million deal. Thu, 01 May 2025 12:02:52 +0000 https://www.law360.com/privateequity/articles/2332894?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332894 Paul Weiss Rifkind Wharton & Garrison LLP-led private equity giant Apollo on Thursday revealed that it wrapped its inaugural flagship secondaries fund with $5.4 billion in tow. Thu, 01 May 2025 10:51:17 +0000 https://www.law360.com/privateequity/articles/2332769?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332769 Sony could sell its semiconductor unit for $49 billion, while proxy advisory firm Glass Lewis is considering ending its practice of advising shareholder votes on politically charged topics, and AI startup Nscale plans to raise $2.7 billion in private capital to support the construction of data centers around the world. Thu, 01 May 2025 10:21:44 +0000 https://www.law360.com/privateequity/articles/2305667?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2305667 Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins. Wed, 30 Apr 2025 19:48:30 +0000 https://www.law360.com/privateequity/articles/2332601?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332601 Citadel Securities LLC released a white paper Wednesday that lays out policy recommendations for the U.S. Securities and Exchange Commission and the exchanges it regulates, calling on the agency to address concerns tied to secretive trading rooms as well as 24-hour buying and selling. Wed, 30 Apr 2025 19:46:59 +0000 https://www.law360.com/privateequity/articles/2332387?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332387 Two separate special purpose acquisition companies have announced plans to raise a combined $321 million through their respective initial public offerings. Wed, 30 Apr 2025 19:16:42 +0000 https://www.law360.com/privateequity/articles/2332479?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332479 An Activant Capital Group fund has petitioned Delaware's Court of Chancery to approve a $7.5 million company-paid corporate benefit fee, citing a successful battle for cancellation of more than $37 million in Bolt Financial Group shares held by a controller who defaulted on a more-than $30 million company-guaranteed loan. Wed, 30 Apr 2025 17:53:31 +0000 https://www.law360.com/privateequity/articles/2332432?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332432 Enforcers opened high stakes court proceedings against Meta Platforms and Google for monopolization claims that could force the tech giants to sell pieces of the companies, while also moving ahead with several challenges and reviews of pending deals in other industries. Here, Law360 looks at the major merger review developments from April. Wed, 30 Apr 2025 17:05:16 +0000 https://www.law360.com/privateequity/articles/2332552?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332552 A U.S. Marine Corps reservist urged a Texas federal court to keep in play his lawsuit alleging a professional services company fired him after two months because he took time off to attend training, saying the firm's reasoning that he was let go for poor performance is bogus. Wed, 30 Apr 2025 16:52:49 +0000 https://www.law360.com/privateequity/articles/2332407?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332407 Shares of Chinese online insurance distributor Yuanbao Inc. rallied in debut trading Wednesday after it priced a $30 million initial public offering at the top of its range, represented by Kirkland & Ellis LLP and underwriters' counsel Latham & Watkins LLP, as more companies test a shaky U.S. IPO market. Wed, 30 Apr 2025 14:54:05 +0000 https://www.law360.com/privateequity/articles/2332304?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332304 Holding company TWG Global and sovereign-backed asset manager Mubadala Capital, advised by Skadden Arps Slate Meagher & Flom LLP and Akin Gump Strauss Hauer & Feld LLP, on Wednesday said that they have entered into a multibillion-dollar investment partnership that will allow both parties to better their investments across various sectors and asset classes. Wed, 30 Apr 2025 12:49:18 +0000 https://www.law360.com/privateequity/articles/2329525?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2329525 Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond. Wed, 30 Apr 2025 12:39:38 +0000 https://www.law360.com/privateequity/articles/2331909?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2331909 Goodwin Procter LLP has hired a former Kirkland & Ellis LLP attorney as a partner in its private equity practice in New York. Wed, 30 Apr 2025 12:39:03 +0000 https://www.law360.com/privateequity/articles/2332299?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/privateequity/articles/2332299 Aerospace and defense company True Anomaly Inc. on Wednesday revealed that it closed its Series C funding round after securing $260 million from private equity and venture capital investors.