Clifford Chance

Pacific Avenue Capital Partners Has Announced the Signing of a Put Option Agreement to Acquire Purflux, Currently Operating as the Filtration Business Unit of Sogefi S.p.A.

Retrieved on: 
Wednesday, March 6, 2024
Acquisition, The Company, J.P. Morgan & Co., OEM, OE, Growth, Original equipment manufacturer, Sale, Clifford Chance, Houlihan Lokey, Robert W. Baird, Weil, Gotshal & Manges, Fine chemical

The Filtration Business Unit is a leading manufacturer of vehicle filtration components and systems serving both the automotive aftermarket and Original Equipment ("OE") customers globally.

Key Points: 
  • The Filtration Business Unit is a leading manufacturer of vehicle filtration components and systems serving both the automotive aftermarket and Original Equipment ("OE") customers globally.
  • In 2023, the Company generated over $600 million of revenue and more than $100 million of adjusted EBITDA.
  • The sale and purchase agreement signing can take place after the France works counsel consultation process is complete and the put option agreement is exercised by Sogefi.
  • Pacific Avenue has positioned itself as a trusted partner to corporate sellers globally ensuring seamless transitions regardless of transaction complexity."

AI Connect Forum, a Joint Initiative by Tapestry Networks and Clifford Chance, Explores the Strategic Implications and Governance of Artificial Intelligence

Retrieved on: 
Tuesday, March 5, 2024
Bias, Opacity, Artificial intelligence, Growth, Public policy, Silicon, Risk, Clifford Chance, Synthetic media, Organization, Ecosystem, Policy, Intellectual property, Privacy, Reputational damage, OpenAI, Medical device

WALTHAM, Mass., March 5, 2024 /PRNewswire/ -- In 2023, Tapestry Networks, in collaboration with Clifford Chance, launched the AI Connect Forum, a platform for senior leaders to delve into the strategic implications and concerns surrounding artificial intelligence (AI).

Key Points: 
  • WALTHAM, Mass., March 5, 2024 /PRNewswire/ -- In 2023, Tapestry Networks, in collaboration with Clifford Chance, launched the AI Connect Forum, a platform for senior leaders to delve into the strategic implications and concerns surrounding artificial intelligence (AI).
  • Explore the Strategic Implications and Governance of Artificial Intelligence.
  • The culmination of these discussions is presented in the comprehensive report, " Assessing the State of Artificial Intelligence ."
  • Tucker Nielsen, Managing Director at Tapestry Networks, says: "Executives and their boards continue to grapple with how to responsibly deploy increasingly powerful AI models.

Andrew Rose Appointed as Chief Security Officer at Leading Security Awareness Vendor SoSafe

Retrieved on: 
Wednesday, February 7, 2024
Software, Technology, Artificial Intelligence, Security, Mastercard, Multimedia, Resident, Knowledge, DNA, Consciousness, Clifford Chance, CISO, Organization, Aviation, CSO, Behavior, Psychology, NATS, Risk, Vocalink, Forrester Research, Management

SoSafe, Europe’s leading vendor for security awareness, behavior, and culture change, today announced the appointment of Andrew Rose as its new Chief Security Officer (CSO).

Key Points: 
  • SoSafe, Europe’s leading vendor for security awareness, behavior, and culture change, today announced the appointment of Andrew Rose as its new Chief Security Officer (CSO).
  • With a wealth of experience in the industry, Rose is a highly accomplished cyber security executive with a strong focus on the people-centric aspects of cyber security.
  • View the full release here: https://www.businesswire.com/news/home/20240207094549/en/
    Andrew Rose appointed as new Chief Security Officer at leading security awareness vendor SoSafe (Photo: Business Wire)
    In his role as CSO, Rose will focus on driving SoSafe’s vision to strengthen digital self-defense worldwide and help customers transform their security culture.
  • By joining SoSafe, Andrew Rose will further strengthen the company's position as a leader in the industry.

Phoenix Merchant Partners Launches Private Credit Strategy with Close of Innovative Financing Solution to Gryphon Holdings

Retrieved on: 
Monday, January 29, 2024
Alternative investment, Insurance, CIO, Houlihan Lokey, Clifford Chance, Art, Creativity, Griffin, Advisory board, Abu Dhabi Investment Authority, Sidley Austin, Growth

RYE, N.Y., Jan. 29, 2024 /PRNewswire/ -- Phoenix Merchant Partners, LP ("Phoenix" or the "Firm"), an independent investment firm focused on providing broad financing solutions to the middle-market universe of companies, today announced the closing of its first transaction, an innovative financing to Gryphon Holdings (the "Company"), a company involved in quota share non-catastrophic property and casualty reinsurance services. 

Key Points: 
  • The financing, which closed on January 10, marks the official launch of the Phoenix private credit and lending solutions platform, and provides for the capitalization of the Company's balance sheet and the future growth of its reinsurance program.
  • The terms include the ability for Phoenix and related parties to provide additional growth financing over the course of the next several months.
  • "We believe that this could be the first of many innovative financings by the Phoenix Merchant Partners platform that can help redefine how companies approach financing alternatives."
  • We look forward to continuing to strategically expand our team and advisory board as we work with high quality companies and investment partners."

TechTarget to Expand Scale and Leadership Position in B2B Data and Market Access through Strategic Combination with Informa Tech’s Digital Businesses

Retrieved on: 
Wednesday, January 10, 2024
Technology, Content Marketing, Marketing, Communications, Professional Services, Internet, Digital Marketing, Data Analytics, Data Management, Uncertainty, Advertising, Accounting, National Storage, TechTarget, Proxy, Risk, Sale, Clifford Chance, Policy, Prospectus, Communication, AS, WHEN, Centerview Partners, LLP, Failure, ANY, Special, Pandemic, Security (finance), Annual report, Adjustment, Form

Gary Nugent, current CEO of Informa Tech, will relocate from London to Newton and serve as CEO of New TechTarget.

Key Points: 
  • Gary Nugent, current CEO of Informa Tech, will relocate from London to Newton and serve as CEO of New TechTarget.
  • Michael Cotoia, current CEO of TechTarget, will be Special Advisor to the CEO, focused primarily on ensuring a smooth combination post-closing.
  • The transaction has been approved unanimously by the Boards of Directors of TechTarget and Informa PLC.
  • Upon completion, New TechTarget is expected to trade on NASDAQ under the ticker symbol TTGT.

Robin AI Raises $26 million as Legal Sector Embraces AI

Retrieved on: 
Wednesday, January 3, 2024
Venture round, Work, Microsoft, Ecosystem, Imperial College London, Private law, Research, PwC, Heart, LLM, Temasek, PepsiCo, Clifford Chance, AI, Lawyer, Microsoft Word, Yum, Traction, Machine learning, Negotiation, Medical device

LONDON and NEW YORK, Jan. 2, 2024 /PRNewswire/ -- As demand for generative AI in the legal sector explodes, Robin AI, the AI-powered legal copilot, today announces that it has raised $26 million in new funding. The Series B round is led by Temasek, a global investment company headquartered in Singapore. Other investors include QuantumLight, Plural and AFG Partners.

Key Points: 
  • Brands
    Investment will be used to accelerate US expansion, launch in Asia Pacific and hire more AI engineers
    LONDON and NEW YORK, Jan. 2, 2024 /PRNewswire/ -- As demand for generative AI in the legal sector explodes, Robin AI, the AI-powered legal copilot, today announces that it has raised $26 million in new funding.
  • Robin AI was founded in 2019 by Richard Robinson, a lawyer at Clifford Chance, and James Clough, a machine learning research scientist at Imperial College.
  • Robin AI places quality and accuracy at the heart of its approach.
  • We are building the AI platform for the legal sector - a service that deeply understands every aspect of the legal function, from drafting contracts, researching case law to explaining legal concepts - our AI will help people tackle every legal task.

Robin AI Raises $26 million as Legal Sector Embraces AI

Retrieved on: 
Wednesday, January 3, 2024
Venture round, Work, Microsoft, Ecosystem, Imperial College London, Private law, Research, PwC, Heart, LLM, Temasek, PepsiCo, Clifford Chance, AI, Lawyer, Microsoft Word, Yum, Traction, Machine learning, Negotiation, Medical device

LONDON and NEW YORK, Jan. 2, 2024 /PRNewswire/ -- As demand for generative AI in the legal sector explodes, Robin AI, the AI-powered legal copilot, today announces that it has raised $26 million in new funding. The Series B round is led by Temasek, a global investment company headquartered in Singapore. Other investors include QuantumLight, Plural and AFG Partners.

Key Points: 
  • Brands
    Investment will be used to accelerate US expansion, launch in Asia Pacific and hire more AI engineers
    LONDON and NEW YORK, Jan. 2, 2024 /PRNewswire/ -- As demand for generative AI in the legal sector explodes, Robin AI, the AI-powered legal copilot, today announces that it has raised $26 million in new funding.
  • Robin AI was founded in 2019 by Richard Robinson, a lawyer at Clifford Chance, and James Clough, a machine learning research scientist at Imperial College.
  • Robin AI places quality and accuracy at the heart of its approach.
  • We are building the AI platform for the legal sector - a service that deeply understands every aspect of the legal function, from drafting contracts, researching case law to explaining legal concepts - our AI will help people tackle every legal task.

EQS-News: AGP Sustainable Real Assets Announces Strategic Investment from Stonepeak

Retrieved on: 
Tuesday, November 7, 2023
Clifford Chance, United Kingdom, Housing, Sidley Austin, Senior, CIO, Growth, Independent power producer, Partnership, Aliaa Magda Elmahdy, IPP, AGP, SINGAPORE, Asset management

SINGAPORE & NEW YORK, USA - Media OutReach - 3 November 2023 - AGP Sustainable Real Assets ("AGP"), a Singapore-based global infrastructure and real assets developer and operator, today announced a strategic, preferred investment from Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets.

Key Points: 
  • SINGAPORE & NEW YORK, USA - Media OutReach - 3 November 2023 - AGP Sustainable Real Assets ("AGP"), a Singapore-based global infrastructure and real assets developer and operator, today announced a strategic, preferred investment from Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets.
  • Together, Stonepeak and AGP will work to further AGP's mission to build real assets that enable a sustainable and net zero emissions future.
  • Ben Salmon, AGP Partner, commented: "This strategic investment represents a pivotal milestone in AGP's journey.
  • Sidley Austin LLP is serving as legal counsel to Stonepeak, and Clifford Chance LLP is serving as legal counsel to AGP.

AGP Sustainable Real Assets Announces Strategic Investment from Stonepeak

Retrieved on: 
Friday, November 3, 2023
Professional Services, Other Energy, Environment, Sustainability, Energy, Finance, Asset Management, Clifford Chance, Housing, Sidley Austin, Multimedia, Senior, CIO, Growth, Partnership, Aliaa Magda Elmahdy, AGP, Asset management

AGP Sustainable Real Assets (“AGP”), a Singapore-based global infrastructure and real assets developer and operator, today announced a strategic, preferred investment from Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets.

Key Points: 
  • AGP Sustainable Real Assets (“AGP”), a Singapore-based global infrastructure and real assets developer and operator, today announced a strategic, preferred investment from Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets.
  • Together, Stonepeak and AGP will work to further AGP’s mission to build real assets that enable a sustainable and net zero emissions future.
  • Ben Salmon, AGP Partner, commented: "This strategic investment represents a pivotal milestone in AGP's journey.
  • Sidley Austin LLP is serving as legal counsel to Stonepeak, and Clifford Chance LLP is serving as legal counsel to AGP.

Wilshire to Acquire Lyxor Asset Management Inc., a Leading Alternative Investment Provider, from Amundi

Retrieved on: 
Tuesday, October 31, 2023
Asset Management, Professional Services, Finance, Risk, Clifford Chance, ETF, PJT Partners, Acquisition, Research, Kirkland & Ellis, Multimedia, CalSTRS, Partnership, Solomon Partners, Financial services, Amundi, Société Générale, European

Wilshire, a leading global financial services firm, has entered into a definitive agreement to acquire Lyxor Asset Management Inc. (“Lyxor U.S.”), a U.S.-based investment advisor with $20.8 billion in assets under management1, from Amundi, the largest European asset manager.

Key Points: 
  • Wilshire, a leading global financial services firm, has entered into a definitive agreement to acquire Lyxor Asset Management Inc. (“Lyxor U.S.”), a U.S.-based investment advisor with $20.8 billion in assets under management1, from Amundi, the largest European asset manager.
  • Through this transaction, Wilshire will become a leading provider of hedge fund managed accounts and enhance its alternative investment offering.
  • Lyxor U.S. was previously the U.S. subsidiary of Lyxor, the major European ETF and liquid alternatives provider acquired by Amundi in 2021.
  • Wilshire was advised by Solomon Partners and Kirkland & Ellis LLP, and Amundi was advised by PJT Partners and Clifford Chance LLP.