Private Equity

  • April 09, 2026

    SEC Accuses VC Fund Of Management Fee Fraud

    The U.S. Securities and Exchange Commission on Thursday sued Backswing Ventures GP LLC and its principal in a Florida federal court, alleging the venture capital firm paid itself seven times as much money in management fees than it told investors it would.

  • April 09, 2026

    SiFive Raises $400M To Spur Data Center Tech Push

    Semiconductor startup SiFive surpassed its fundraising target for its data center technology plans by securing $400 million worth of Series G financing from a group of investors that included companies such as lead investor Atreides Management, NVIDIA and Apollo Global Management, the company announced.

  • April 09, 2026

    6 Firms Steer Terra Quantum's Plans For $3.25B SPAC Merger

    Swiss quantum technology company Terra Quantum AG on Thursday unveiled plans to go public by merging with American special purpose acquisition company Mountain Lake Acquisition Corp. II in a deal that values it at $3.25 billion and was built by six law firms.

  • April 09, 2026

    Kirkland-Led Court Square Capital Raises $3.8B

    Kirkland & Ellis LLP-advised private equity shop Court Square Capital Partners on Thursday announced that it wrapped its fifth fund with roughly $3.8 billion of capital commitments, marking the firm's largest fundraise to date.

  • April 09, 2026

    SpaceX Plans Record Retail Slice In IPO, And Other Rumors

    As SpaceX prepares what could be the largest initial public offering ever, executives reportedly told the company's bankers that it plans to allocate a record portion of shares to retail investors, drawing comparisons to the so-called meme stock frenzy of 2021. 

  • April 09, 2026

    DOL Urges 11th Circ. To Scrap ERISA Exhaustion Rule

    The U.S. Department of Labor urged the full Eleventh Circuit to overturn precedent making it the only appellate court requiring workers to exhaust administrative remedies before bringing any statutory claims under the Employee Retirement Income Security Act. arguing that the standard is unfair and in conflict with ERISA.

  • April 08, 2026

    VC Fund Chief, Firms To Pay SEC $2.4M To Settle Fraud Claim

    A Florida resident and his investment advisory firms agreed Wednesday to pay nearly $2.4 million to the U.S. Securities and Exchange Commission to settle claims they made false and misleading disclosures to investors in the venture capital funds they managed.

  • April 08, 2026

    Morgan Lewis Leads Ex-Blackstone Team's $400M Debut Fund

    Morgan Lewis & Bockius LLP-advised private equity firm 154 Partners on Wednesday said it closed an inaugural fund at a $400 million hard cap, with plans to target investments in residential, business, and sports and live event services.

  • April 08, 2026

    Ex-Caliche Exec Says Her Bosses Tried To Steal Her Equity

    A former regulatory director at private equity-backed acquisition and development company Caliche Management III LLC is suing the company in Texas state court, saying her former bosses tried to strong-arm her into giving up her equity in the company.

  • April 08, 2026

    4 Firms Guide $1B US Deep-Sea Critical Minerals Merger

    American Ocean Minerals Corp. and Odyssey Marine Exploration Inc. said Wednesday they have agreed to combine in an all‑stock merger that values the combined company at about $1 billion, with two law firms guiding each company. 

  • April 08, 2026

    Biopharma-Focused Jeito Wraps 2nd Fund With $1.2B In Tow

    Biopharmaceutical-focused private equity shop Jeito Capital, advised by Goodwin Procter LLP, on Wednesday announced that it closed its second fund above target after raising more than €1 billion ($1.2 billion) from investors.

  • April 08, 2026

    Aerospace Parts Maker Arxis Launches $1B IPO Plans

    Private equity-backed military electronics and components maker Arxis on Wednesday officially launched plans for an estimated $1 billion initial public offering led by Davis Polk & Wardwell LLP, with Ropes & Gray LLP advising the underwriters.

  • April 08, 2026

    4 Firms Advise On Blackline Safety's Over $600M PE Buyout

    Canada's Blackline Safety Corp., a maker of employee safety monitoring technology, said Wednesday it has agreed to be acquired by a Francisco Partners Management LP affiliate in a deal valued at up to CA$850 million ($614 million), with four law firms advising between the two parties. 

  • April 08, 2026

    UK Gov't Expands Tax Relief For Startup Investment

    The U.K.'s Labour government is expanding investment tax relief to unlock £100 million ($134.4 million) worth of funding for startups and early-stage businesses looking to grow, according to HM Treasury.

  • April 08, 2026

    SEC Taps Gibson Dunn Partner For Enforcement Director

    The U.S. Securities and Exchange Commission announced Wednesday that it has appointed a Gibson Dunn & Crutcher LLP partner and former senior enforcement attorney to serve as director of the agency's Division of Enforcement, following the abrupt resignation of the most recent director.

  • April 08, 2026

    Advent Declines To Make A Bid For Senior Engineering Group

    Private equity firm Advent International LP said Wednesday that it will not make an offer for Senior PLC, after the British engineering group backed a £1.3 billion ($1.7 billion) bid from Blackstone and Tinicum.

  • April 07, 2026

    Musk Wants Altman Out, Not To Boost 'Himself Personally'

    Elon Musk said Tuesday he wants OpenAI CEO Sam Altman stripped of his title and "all equity and other personal financial benefits" to be awarded to OpenAI's nonprofit if Musk wins his case claiming OpenAI duped him, saying he isn't after "a remedy directed to benefiting himself personally."

  • April 07, 2026

    SEC Slams Past Enforcement As It Reports Fewer Cases

    The U.S. Securities and Exchange Commission announced Tuesday that it brought almost 30% fewer original enforcement actions last year compared to the previous year, a dramatic decrease the agency said follows a past enforcement practice that aimed to "pursue media headlines and run up numbers."

  • April 07, 2026

    Private-Credit Focused SPAC Leads Two IPOs Raising $350M

    A pair of special purpose acquisition companies, private credit-focused ACP Holdings Acquisition and advanced technology-focused Apogee Acquisition, began trading publicly Tuesday after raising a combined $350 million in their initial public offerings.

  • April 07, 2026

    Firmus Unveils $505M Deal To Fund Australia AI Projects

    Data center builder Firmus is anticipating a $505 million investment from technology investor Coatue and technology company NVIDIA for the funding of its AI projects in Australia, Firmus has announced.

  • April 07, 2026

    Kirkland-Led ArcLight Secures $3.9B For Infrastructure Fund

    Kirkland & Ellis LLP-advised ArcLight Capital Partners, an infrastructure-focused private equity shop, on Tuesday announced that it wrapped its eighth fund with $3.9 billion in tow.

  • April 07, 2026

    Blackstone Clinches $10B Opportunistic Credit Fund

    Private equity giant Blackstone, advised by Kirkland & Ellis LLP, on Tuesday revealed it wrapped fundraising on its fifth opportunistic private credit fund after securing over $10 billion in investable capital, marking the firm's largest such fund to date.

  • April 07, 2026

    DC Circ. Skeptical Ex-Steward CEO Could Skip Senate Hearing

    A D.C. Circuit judge told the attorney for the embattled former CEO of Steward Health Care on Tuesday that she couldn't comprehend how his client could invoke his Fifth Amendment rights without showing up to his scheduled appearance before a Senate committee.

  • April 07, 2026

    King & Spalding Grows RE, Funds Team With McDermott Atty

    King & Spalding LLP is continuing to expand its real estate bench with the hiring of a New York-based lawyer from McDermott Will & Schulte LLP.

  • April 07, 2026

    Cleary Brings On Gibson Dunn M&A, Sports Expert In NY

    Cleary Gottlieb Steen & Hamilton LLP has hired a former Gibson Dunn & Crutcher LLP attorney as a partner in its Americas mergers and acquisitions and private equity transactions groups, the firm announced Tuesday.

Expert Analysis

  • Series

    The Law Firm Merger Diaries: Integrating Practice Groups

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    Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.

  • Opinion

    Supreme Court Term Limits Would Carry Hidden Risk

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    While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • The SEC Whistleblower Program A Year Into 2nd Trump Admin

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    The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.

  • Series

    Knitting Makes Me A Better Lawyer

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    Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.

  • Series

    The Biz Court Digest: Welcome To Miami

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    After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.

  • What US Can Learn From Brazil's Securities Arbitration Model

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    To allay investor concerns about its recent approval of mandatory arbitration clauses in public company registration statements, the U.S. Securities and Exchange Commission should look to Brazil's securities arbitration model, which shows that clear rules and strong institutions can complement the goals of securities regulation, say arbiters at the B3 Arbitration Chamber.

  • AI Evidence Rule Tweaks Encourage Judicial Guardrails

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    Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.

  • Series

    The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Opinion

    Horizontal Stare Decisis Should Not Be Casually Discarded

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    Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.

  • 10 Commandments For Agentic AI Tools In The Legal Industry

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    Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.

  • Series

    Preaching Makes Me A Better Lawyer

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    Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.

  • Why Digital Asset Treasuries Are Drawing Regulator Concerns

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    Financial regulators’ recent focus on potential insider trading and investor risk at hundreds of publicly traded digital asset treasuries may have been summoned by how quickly this rapidly expanding market responds to asset allocation decisions, as well as variations in risk disclosure practices across the sector, say attorneys at The Brattle Group.

  • SEC Penalties Trended Down In FY 2025, Offering 2026 Clues

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    The U.S. Securities and Exchange Commission's settled corporate penalties in fiscal year 2025 show a clear dividing line, as the largest penalties all came before Inauguration Day, a trend that may continue as the types of cases that lead to the biggest penalties seem to be no longer favored by the commissioners, say attorneys at Dentons.

  • Series

    Law School's Missed Lessons: Practicing Client-Led Litigation

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    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • A Close Look At The Evolving Interval Fund Space

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    Interval funds — closed-end registered investment companies that make periodic repurchase offers — have recently moved to the center of the conversation about retail access to private markets, spurred along by President Donald Trump's August executive order incorporating alternative assets into 401(k) plans and target date strategies, say attorneys at Simpson Thacher.

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