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Paul Weiss, Orrick Guide Liberty's $525M Cybersecurity Deal

Law 360 M&A

Former Treasury Secretary Steven Mnuchin's private equity firm Liberty Strategic Capital, led by Paul Weiss, plans to buy a controlling stake in mobile security startup Zimperium Inc., advised by Orrick, for about $525 million, the companies said Tuesday.

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The Front Office, Middle Office, and Back Office: How Banks Organize Their Dungeons

Brian DeChesare

First, note that these terms apply only to investment banks and related finance firms (private equity firms, hedge funds, etc.). Saying that you work in “the front office” of a technology company or a marketing firm makes little sense – or, at least, it means something different from the definitions in this article.

Banking 94
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SEC Chair Gensler Speaks on Updated Rules for Private Funds

Reynolds Holding

Advisers now report more than $25 trillion in private fund gross asset value [2] amongst tens of thousands of funds. [3] 6] The private fund industry plays an important role in each sector of the capital markets, whether it’s equity, treasury, corporate bond, mortgage, municipal, loan origination, or many other markets.

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The Buy-Side vs. Sell-Side: Useful Categories in the Finance Industry, or Marketing Hype?

Brian DeChesare

Sell-Side Definition: In the finance industry, “buy-side firms” raise money from institutions and wealthy individuals and invest on their behalf, profiting from management fees, performance fees, or both; “sell-side firms” earn money from commissions charged to facilitate deals and to sell, market, and trade equity, debt, and other securities.

Finance 128
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Skadden Discusses the Impact of Banking System Turmoil

Reynolds Holding

banking system, according to Treasury Department officials. Possible Role for Private Equity In contrast to the aftermath of the 2008 financial crisis, we have not yet seen private equity investors play a significant role during the recent turmoil.

Banking 40