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Advent loses chief legal officer and ‘important force’ James Westra after 11 years

Advent International is losing long-time managing partner and chief legal officer James Westra after 11 years with the firm. The post Advent loses chief legal officer and ‘important force’ James Westra after 11 years first

Verdane exits legal and finance software Scanmarket after doubling ARR

European investor Verdane has exited legal and finance software Scanmarket after doubling its annual recurring revenue. The post Verdane exits legal and finance software Scanmarket after doubling ARR first appeared on AltAssets Private Equity News.

Ropes & Gray brings in capital markets, private equity specialist Rahman as newest partner

Global law firm Ropes & Gray has brought in Faiza Rahman as its newest partner with a specialty in capital markets. The post Ropes & Gray brings in capital markets, private equity specialist Rahman as

Eurazeo, Cathay Capital, Sagard Newgen enter into exclusive investment agreement with DiliTrust

Global buyout major Eurazeo has formed a consortium with Cathay Capital and Sagard Newgen to enter into an exclusive agreement to make €130m of investment in DiliTrust. The post Eurazeo, Cathay Capital, Sagard Newgen enter

Boston Capital veteran Callahan joins litigation, legal finance PE house Delta as COO

Litigation and legal finance-focused private equity specialist Delta Capital Partners has brought in Boston Capital veteran Michael Callahan as its new COO. The post Boston Capital veteran Callahan joins litigation, legal finance PE house Delta

Francisco Partners follows $2.2bn credit fund close with Paradigm legal software deal

Francisco Partners has followed yesterday's $2.2bn credit fund close with a growth investment in Paradigm, a provider of practice management software and integrated payments to the legal industry. The post Francisco Partners follows $2.2bn credit

Longford Capital reaches $1.2bn AUM with latest fund close as litigation funding gains traction

Legal assets-focused buyout house Longford Capital Management has more than doubled its assets under management to over $1.2bn with its latest fund close. The post Longford Capital reaches $1.2bn AUM with latest fund close as

NewQuest exits Integreon to EagleTree after business expansion, repositioning

Eagletree Capital has agreed to buy business outsourcing services provider Integreon from fellow private equity house NewQuest Capital Partners. The post NewQuest exits Integreon to EagleTree after business expansion, repositioning first appeared on AltAssets Private

Legal claim PE investor Longford Capital passes $434m in third flagship fundraise

Legal claim investor Longford Capital has hauled in at least $434m for its third fundraise, putting it close to its biggest vehicle to date.

Why are investors looking more at their legal expenses?

Private equity firms spent $9.5m on average on legal fees in 2019 and that figure  has been growing, according to new research from Apperio. The research was based on a survey of 100 senior stakeholders

PE specialist McKeeve, financial restructuring expert Conner latest senior hires at Avonhurst

Private equity specialist Raymond McKeeve is among a pair of new senior hires at Avonhurst, a political strategy and legal advisory firm dedicated to representing sophisticated capital.

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