Private equity shop Sixth Street, advised by Cleary Gottlieb Steen & Hamilton LLP, on Wednesday announced that it wrapped its third European direct lending fund at its hard cap with €3.75 billion ($4.37 billion) of committed capital.
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THURSDAY, JANUARY 15, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Sixth Street Closes European Fund With €3.75B In Tow

By Jade Martinez-Pogue

Private equity shop Sixth Street, advised by Cleary Gottlieb Steen & Hamilton LLP, on Wednesday announced that it wrapped its third European direct lending fund at its hard cap with €3.75 billion ($4.37 billion) of committed capital.

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Osborne Clarke Steers £35M Pension Deal For Ferry Co.

By Martin Croucher

A transport company has offloaded £35 million ($47 million) of its pension plan liabilities to insurer Just Group PLC in a deal steered by Osborne Clarke.

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Saba Capital Urges Workspace To Start Managed Wind-Down

By Tom Fish

U.S. hedge fund Saba Capital Management LP has called on the board of Workspace Group PLC, a U.K. provider of flexible office space, to pursue a structured end to the troubled company's operations.

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DEALS

Swiss Cyber Co. To Buy Quantum Computing Firm For $200M

By Tom Fish

Swiss cybersecurity company WiseKey said Wednesday that a subsidiary has entered into talks to pay approximately $200 million for a majority stake in French quantum computing startup Quobly SAS.

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Montefiore Sells Full Stake In Vending Machine Biz For £16.5M

By Dawood Fakhir

European private equity company Montefiore Investment SAS said Wednesday that it has sold its investment in vending machines maker ME Group for approximately £16.5 million ($22 million).

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CAPITAL MARKETS

GlobalData Plans LSE Main Market Move In March

By Dawood Fakhir

Analytics company GlobalData PLC said Wednesday that it is planning to move its listing to the main market of the London Stock Exchange from the junior Alternative Investment Market of the bourse, nearly a year after announcing the plans.

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Brief

Swedish Property Group Kicks Off $3M Share Buyback

By Irene Madongo

Genova Property Group AB has launched a share buyback worth almost 30 million Swedish kronor ($3 million) in a move expected to lower its share capital.

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POLICY & REGULATION

FRC To Continue Removing 'Unnecessary' Business Burdens

By Joel Poultney

Britain's accounting watchdog said Wednesday it will continue its efforts to reduce "unnecessary" reporting and regulatory requirements on businesses as part of its broader bid to support growth in the U.K.

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UK, EU Ink MoU On Overseeing Third-Party Service Providers

By Joel Poultney

British and European regulators will coordinate regulation of third-party service providers in the financial sector to guard against market disruptions, according to a memorandum of understanding published Wednesday.

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LAW FIRMS IN TODAY'S NEWS

Cleary Gottlieb

Osborne Clarke

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

Baillie Gifford & Co.

GlobalData PLC

Google LLC

London Stock Exchange Group PLC

Microsoft Corp.

Nasdaq Inc.

Saba Capital Management LP

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bank of England

European Union

Financial Conduct Authority

Financial Reporting Council

Prudential Regulation Authority

UK Parliament Treasury Committee