Insights

LFM Capital Raises $307M for Fund III

Choate represented LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, on the formation of its $307M third fund.

NinjaTrader Acquires Tradovate Holdings

Choate represented NinjaTrader, a portfolio company of Long Ridge Equity Partners, in its $115M acquisition of Tradovate Holdings, a leading online futures brokerage firm and trading technology provider.

Choate Elects Six to Partnership

Today Choate announced its largest class of new equity partners in the Firm’s history for the second year in a row.

New Energy Capital Acquired by Victory Capital

Choate represented New Energy Capital in its sale to Victory Capital. Based in Hanover, New Hampshire, New Energy Capital (NEC) is a leading alternative asset management firm focused on debt and equity investments in clean energy infrastructure projects and companies.

TLV Partners Raises $320M for Fourth Fund

Choate represented TLV Partners as it raised $320M for its fourth flagship fund and second opportunity fund. The Tel-Aviv based venture capital firm invests in innovative early-stage Israeli startups, specializing in seed or Series A investments.

Asymmetric Capital Raises $105M Debut Fund

Choate represented Asymmetric Capital Partners on the formation of its oversubscribed $105M debut fund.

Marcy Venture Partners Raises $325M for Fund II

Choate represented Marcy Venture Partners on the formation of its $325M second fund.

Proposed Tax Bill Highlights for Private Equity Funds

On September 13, the House Ways and Means Committee released its proposed tax bill. The bill contains some anticipated proposals as well as a few surprises of particular interest to Private Equity funds.

TrueBridge Capital Partners Raises $170M for Seed & Micro-VC Fund I

Choate represented TrueBridge Capital Partners as it raised $170M for its Seed and Micro-VC Fund I, its first venture capital fund-of-funds focused solely on seed and micro-VC firms.