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A challenging economic environment, characterised by weak growth forecasts, political instability, and geopolitical risks, along with the strength of the US dollar, has driven US private equity funds to focus on certain European countries, according to Neil Barlow, Partner at lawfirm Clifford Chance.
Investment banks, which faced significant losses on risky merger and acquisition (M&A) loans due to a spike in global interest rates, are now aggressively returning to the leveraged buyout (LBO) market — one of the most profitable sectors in finance, according to a report by Bloomberg. Lending limits have also increased.
He leverages his extensive expertise and SRSAcquiom proprietary data to produce resourceful content regularly utilized by market practitioners. One thing is clear, deal parties are getting more efficient at identifying when RWI might work as intended on their M&A deal and, perhaps more importantly, when it might not.
Global lawfirm Dechert has appointed Eliot L Relles as a Partner in its corporate and securities practice group as part of efforts to enhance its capabilities in leveraged finance and private credit. Relles will be based in the firm’s New York office.
As disclosed earlier in the third quarter, First Solar also possesses a TOPCon patent portfolio through our acquisition of TetraSun in 2013, which we have begun to leverage as part of our ongoing efforts to develop the next generation of PV technologies.
Global lawfirm Hogan Lovells has hired James Cross, previously with K&L Gates, as a partner in its private equity and funds practice in London. Cusack specialises in leveraged finance transactions and has experience acting for both private equity sponsors and lenders across the capital structure, with a focus on private credit.
Global lawfirm Goodwin has appointed Ian Keefe and George Weavil as Partners within the firm’s private equity practice in its London office, which covers M&A, private investment funds and debt finance.
Global lawfirm Paul Hastings has added Alexander Temel as a Partner and Global Co-Chair of its private equity practice. In his new role, Temel will serve as a founding member of the firm’s new Boston office.
International lawfirm McDermott Will & Emery has appointed Fatema Orjela as a partner in the firm’s transactions practice group in London. Ordeal’s practice focuses on private equity transactions and related advisory matters. Orjela provides strategic counsel to European and US private equity sponsors.
Lawfirm Jackson Walker has hired Patrick H Rose, IV as Partner in the corporate & securities practice group in its Dallas office. Rose most recently served as Partner at US lawfirm BakerHostetler.
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Private credit fund managers are increasingly providing investors with customised exposure to the asset class, according to new research carried out by by the Alternative Credit Council, AIMA’s private credit affiliate, and global lawfirm Dechert LLP.
Scrivani was most recently a partner at international lawfirm Paul, Weiss, Rifkind, Wharton & Garrison. Scrivani advises private equity firms and public and private clients on leveraged buyouts and other private equity transactions, public company acquisitions, sales and divestitures and mergers of equals.
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Lawfirm Cahill Gordon & Reindel LLP has appointed Dan Amato as a Partner in the firm’s private credit practice in New York. Throughout his career, Amato has focused on guiding private credit funds and alternative lenders through acquisitions, leveraged financings, and a wide range of other financial transactions.
I heard stories directly from these customers about saving hundreds of hours of work by switching to Disco Ediscovery, finding pivotal evidence quickly with Cecilia Q&A, and gaining significant value by leveraging our services team as a true strategic partner. In our testing with top Am Lawfirms, the results were outstanding.
Something Amazon founder Jeff Bezos said at an event years ago has stuck with me – that Amazon’s success “would not have been possible had the credit card and postal service infrastructure not been in place for them to leverage.” www.subscribeplatform.com
Every new job or set of tasks was treated as unique and constructing teams was viewed as a challenge—so agency work from McKinsey to IDEO, or your corporate lawfirm, was very expensive. At the same time, they figure out which customer decisions are major consumer satisfaction leverage points—like the quality of the hotel.
By leveraging ERNIE Speed and our ModelBuilder, we helped a healthcare automation solution provider to train and finetune an industry-specific model that enables automatically generated medical records for doctors. And since then, we kept leveraging our self-developed four-layer AI architecture for model upgrade. million.
Currently, we have two Fortune 15 companies, one major consulting firm, a global F&B brand, and a leading lawfirm using Zoom Team Chat as a core means of text-based communications. Wondering how much leverage you have with that. How to leverage AI to improve the productivity and efficiency, right?
Cecilia Auto Review leverages DISCO's AI to allow lawyers to set parameters that are then used to take relevant documents in a case database. This highlights the scale of the DISCO offering and the ability to leverage our cloud-native platform to handle the largest matters with unparalleled efficiency. In March alone, over 1.2
Clio is the operating system for lawfirms, powering every aspect of the legal process. It simplifies lawfirm management by centralizing client intake, case management, document management, legal payments, and more. “I’m thrilled to embark on this journey with NEA and our group of exceptional investors.
The customers were a combination of lawfirms and large corporate users, and we are already hearing some great feedback. It was exciting to hear the founding partner of a leading Houston-based lawfirm explain to us the benefits they were receiving from Cecilia. Can they leverage the Cecilia skills that are in market?
This quarter, I would like to highlight a large international lawfirm that has been a distant eDiscovery user for more than five years. Another customer, a global publicly traded shipping company and their AmLaw 100 Lawfirm has been using Disco for a large global antitrust matter. And what might that be?
The company's copilot now leverages ELSER, Elastic's proprietary machine learning model for semantic search to enable each of their customers to create personalized and tailored content through more precise and faster retrieval augmented generation capabilities. Partners are an essential part of our go-to-market strategy.
Just as important as we focus on profitable growth, we again delivered substantial operating margin leverage and strong growth in free cash flow. Customers can now consistently manage security policy across these form factors, and then leverage a consistent set of security subscriptions to consolidate network security capabilities.
The company will leverage that experience to support its future investments, fundraising, M&A strategy, commercial growth, and construction of new production facilities, including the recently announced PlusCAM facility, a more than $200 million investment in its Tennessee battery materials plant.
I've heard firsthand from general counsels and lawfirm partners and associates about the time savings and simplicity Disco has brought to their legal operations. In particular, we are investing to enhance our approach to enterprise clients, both corporate legal functions and large lawfirms.
We leverage all layers of the AI tech stack, silicon cloud infrastructure services, and foundation models. We provide the ability to interact with omnimodal data that is structured sensor data, databases, unstructured documents, images, embedded tables, leverage any LLM available in the market. For example, GPT 4.0,
Our net leverage remained low relative to our peers at 3.6 And then they retained independent advisors in WilmerHale, the lawfirm, that led the investigation, as well as AlixPartners, the forensic accountants, independent forensic accountants that led that. And now looking at our capital structure, please refer to Slide 8.
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This is still a sweeping series of rules for private fund managers that will have significant effects," said Kelly Koscuiszka, partner with Schulte Roth & Zabel lawfirm in New York. One thing I didn't cover is leverage. That's why they produce semi-annual and/ or quarterly results (in case of CPP Investments, it's by law).
Fourth, we continue to sell noncore assets and use the proceeds to recycle into higher quality buildings and reduce leverage. One was financial services and one was -- I'm sorry, as professional services, a lawfirm and then one was a GSA deal that were driving those economics.
The bulk of the value is going to accrue to the applications that leverage the entire AI stack and deliver value to the business. And -- but by the time you have all the applications you're running on that computer, be it Bloomberg, SAP, CRM, OK, whatever it might be, those applications can exceed $8,000 a year, OK, in total cost.
We stay close to our corporate clients, of course, and spend a lot of time with lawfirms as well. I think we're more likely to continue our string of pearls strategy that's served us so well, and we're likely to bring our leverage back down. But we'll see. And it's an important capability. Thank you, Alex. Thank you, Mike.
The largest lease signed was a current lawfirm customer at our 98% occupied McKinney & Olive property just a couple of blocks away who needs to expand by nearly 50%. This is a low leverage loan and we're reviewing financing options with Granite Properties, our partner.
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