News & Analysis as of

Private Equity Funds

Cadwalader, Wickersham & Taft LLP

From Big Ben to the Big Apple, June 2025 - Westminster Meets Wall Street: U.S. Law Considerations in English Law Facilities...

Fund finance is and always has been by nature a cross border enterprise. While there are a number of lenders that we represent in the United States that lend to funds exclusively organized in the U.S.– typically in Delaware –...more

McGuireWoods LLP

Healthcare & Life Sciences Private Equity Deal Tracker: Edgewater Invests in CBCC Global Research

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Edgewater Capital Partners has announced an investment in CBCC Global Research. CBCC, founded in 1984 and based in Bakersfield, California, is a clinical contract research organization with experience in designing and...more

Mayer Brown

Advantages of Express LPA Third-Party Beneficiary Provisions for Subscription Credit Facility Lenders

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An express third-party beneficiary provision running in favor of a lender in a fund’s limited partnership agreement (an “LPA”) is helpful for subscription credit facilities. It bolsters the rights and remedies of a...more

WilmerHale

Court Decision on Limited Partner Exception to Self-Employment Tax

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On May 28th, the U.S. Tax Court issued a decision in Soroban Capital Partners LP v. Commissioner (T.C. Memo 2025-52) holding that all of the income allocable to the partnership’s limited partners (not just the amount...more

McGuireWoods LLP

Healthcare & Life Sciences Private Equity Deal Tracker: MidOcean Invests in Emergency Care Partners

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MidOcean Partners has announced an investment in Emergency Care Partners (ECP). ECP, founded in 2018 and based in Pensacola, Florida, is a provider of emergency medicine services to U.S. hospitals....more

Ropes & Gray LLP

Another Step towards True Retail Access to Private Equity: Secondaries Market Perspective

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Many secondaries players began 2025 with the anticipation that the new presidential administration might further liberalize rules around access to private equity markets. SEC Chairman Paul S. Atkins and Division of Investment...more

Goodwin

Oregon on the Verge of Restricting Private Equity Investment in Medical Practices

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Private equity firms’ ability to invest in medical practices in Oregon may be sharply curtailed under a bill passed this week by the Oregon legislature. On May 29th, a bipartisan supermajority in the Oregon House passed...more

McDermott Will & Emery

Key Takeaways | Sponsor-Led Syndications: How To Get From a Grid to a Club

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During this session, the panelists discussed key considerations for selecting and managing lenders ahead of participating in a debt syndicate, including how to evaluate potential lenders, compare key terms, and choose club...more

McGuireWoods LLP

Emil Capital Rebrands and Closes New Fund

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Emil Capital Partners has announced it has rebranded as ECP Growth. The announcement coincides with the closing of its fourth fund, which has secured $100 million in committed capital....more

Seward & Kissel LLP

Shortening the Capital Raising Process

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We have recently witnessed a noticeable lengthening of the time needed to close on an institutional investor’s fund allocation. Anecdotally, the typical time frame to close on an institutional investor allocation appears to...more

Davis Wright Tremaine LLP

Food Venture Financing News - Weekly Issue No. 237

Food Venture Financing Trends - Chobani, a dairy giant, announced the acquisition of Daily Harvest, a US startup offering plant-based smoothies, snacks, protein products and ready meals....more

Holland & Knight LLP

Independent Sponsors: Section 1202 Qualified Small Business Stock

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The tax benefits conveyed by Section 1202 of the Internal Revenue Code to owners of qualified small business stock (QSBS) have been available to small business owners in some form since Section 1202 was first enacted in 1993....more

McGuireWoods LLP

Healthcare & Life Sciences Private Equity Deal Tracker: Crest Rock Invests in Productive Programming

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Crest Rock Partners has announced a strategic growth investment in Productive Programming Inc. (PPi)....more

Troutman Pepper Locke

Exploring Carried Interest in Upper Tier Private Equity Structures — PE Pathways

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In this episode of PE Pathways, Thao Le, a partner in the firm's Private Equity practice, hosts a discussion with Partners Josh Gelfand and Thomas Gray. Josh is in the firm's Employee Benefits + Executive Compensation...more

Akin Gump Strauss Hauer & Feld LLP

Key Takeaways from the FCA’s Multi-Firm Review of Smaller Asset Managers and Alternatives Firms

On 8 May 2025, the United Kingdom Financial Conduct Authority (the FCA) released the findings from its multi-firm review aimed at smaller asset managers and alternatives firms. The review was conducted across three phases in...more

McGuireWoods LLP

Healthcare & Life Sciences Private Equity Deal Tracker: Cressey Invests in Paradigm Health

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Cressey & Company has announced an investment in Paradigm Health. Paradigm, founded in 2013 and based in Indianapolis, provides hospice and palliative care services across six branches in Indiana....more

Ropes & Gray LLP

Legal Lingo: Liquid or Illiquid? Open or Closed? Navigating Fund Structures

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Being an aspiring commercial lawyer often means being confronted by complex, often abstract, concepts leading to an often impenetrable wall of jargon for students and trainees. Next up in our Legal Lingo series, which we've...more

King & Spalding

What is new in: Private Credit Secondaries

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Private credit funds have ballooned across the industry to bridge the funding gap which followed the great financial crisis and the resulting regulation of traditional financial institutions. The maturing private credit...more

Walkers

Changes in fundraising trends: Considerations for Guernsey funds

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Fundraising in the global investment space has undergone a significant shift in recent years driven by a range of factors, among them: evolving investor preferences as new generations of investors come through, technological...more

Ropes & Gray LLP

How to Grow AUM in a Challenging Fundraising Market

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Necessity, they say, is the mother of invention, and the private markets industry has certainly responded to a period of intense fundraising turbulence with creativity and ingenuity. Capital raised for traditional co-mingled...more

Barnea Jaffa Lande & Co.

Comprehensive comparison between closed-end funds and open-end funds

Investment funds have a variety of legal structures customized to investors’ various needs and investment policies. The two main fund structures are closed-end funds and open-end funds, which differ in several material...more

McGuireWoods LLP

LLR Closes New Fund With $2.45 Billion

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LLR Partners has announced the close of a new fund. The fund — LLR Equity Partners VII — closed at $2.45 billion....more

McGuireWoods LLP

Healthcare & Life Sciences Private Equity Deal Tracker: New Mountain Invests in SmarterDx

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New Mountain Capital has completed a strategic investment in SmarterDx, according to a news release. SmarterDx, founded in 2020 and based in New York, develops clinical artificial intelligence focused on revenue...more

Cadwalader, Wickersham & Taft LLP

Is Cash King? April 2025 - Yale Eyes Secondaries Sale: Who’s Next?

Right after Patrick Calves wrote about “continued momentum in the secondaries market, supported by both cyclical and structural tailwinds” in last week’s FFF, Yale University’s plans to sell up to $6 billion is dominating...more

McGuireWoods LLP

Healthcare & Life Sciences Private Equity Deal Tracker: Ampersand Invests in Lexington Medical

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Ampersand Capital Partners has invested in Lexington Medical, according to a news release. Lexington, founded in 2013 and based in Bedford, Massachusetts, is a developer of surgical stapling solutions....more

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