Illinois-based IPI Partners LLC, guided by Gibson Dunn, has wrapped up its second flagship private equity fund after securing $3.8 billion from investors, with plans to target data centers and other connectivity-related investments, the firm said Wednesday.
European real estate firms CPI Property Group and Aroundtown are offering to buy the portion of Globalworth Real Estate they don't already own in a deal valuing the company at €1.57 billion ($1.88 billion), CPI Property said Wednesday.
Real estate investment trust New Residential said Wednesday it plans to acquire mortgage servicer Caliber Home Loans Inc. from an affiliate of private equity firm Lone Star Funds, through a nearly $1.7 billion deal steered by Skadden and Mayer Brown.
Groq, a company that makes devices to assist in high-performance computing and artificial intelligence, said Wednesday it raised $300 million in its Series C funding round that included Tiger Global Management and Paul Weiss-led D1 Capital.
Bell Partners said Wednesday it's formed an $800 million venture focused on multifamily real estate properties and which plans to buy $1.5 billion in assets.
Digital banking platform provider Alkami soared in its Nasdaq debut Wednesday as its stock price rose more than 40% and closed at $43 each, a price that would value the company at nearly $3.6 billion following an upsized initial public offering guided by Latham and Davis Polk.
California-based cannabis grower and retailer Connected Cannabis Co. announced Wednesday that it has raised $30 million in a funding round led by Navy Capital and One Tower Group, as the company focuses on expanding to more states.
Cybersecurity company Finjan Holdings has beaten shareholders' proposed securities class action, but a California federal judge left room for the investors to amend their claims that the company made misrepresentations about its $44 million acquisition deal last year.
A Missouri federal judge has given the green light to Anheuser-Busch's agreement with the U.S. government to divest the Hawaiian arm of its newest acquisition in order to ease antitrust concerns surrounding its $220 million takeover of Craft Brew Alliance.
An Arizona federal court received dueling summary judgment bids urging it to determine whether the terms sheet for a $2.5 million settlement document meant to end a long-running dispute over allegedly stolen tax credits constituted a final, enforceable agreement.
Bernie Madoff left a legacy of substantial ruin for many who were the victims of the largest Ponzi scheme in history. His death on Wednesday is a reminder of a fraud that operated in plain sight for years, said attorneys who have investigated the scheme.
Some 13 years since the exposure of Ponzi mastermind Bernie Madoff, a herculean effort to recover billions of dollars lost in his fraud continues in hundreds of lawsuits and in jurisdictions as far off as Luxembourg.
Perkins Coie LLP, Foley & Lardner LLP and Quinn Emanuel Urquhart & Sullivan LLP have announced they're handing out special bonuses this year, following in the footsteps of more than 50 peers who plan to distribute between $12,000 and $64,000 to associates in two lump sums before the end of the year.
The bankruptcy trustee liquidating embattled attorney Tom Girardi's personal property is seeking to tap a Los Angeles law firm to hunt down money and valuables held by his wife, Erika, saying the "Real Housewives of Beverly Hills" star may have taken community property or given it to others.
President Joe Biden's pick to lead the environmental division of the U.S. Department of Justice fielded questions from senators Wednesday about wildlife trafficking, climate change and enforcement at a nomination hearing.
Two high-profile attorneys have joined Fox News' defense team in a $1.6 billion defamation lawsuit filed in Delaware Superior Court by Dominion Voting Systems that accuses the cable giant of spreading "outlandish" claims about the 2020 election.
New York Chief Judge Janet DiFiore said Wednesday the state budget for the new fiscal year will allow the court system to retain 46 judges over the age of 70 who were forced off the bench earlier this year after reaching their constitutional age limit and were denied certification to serve an additional two-year term.