Deal Watch: Are Only 'A Handful' of Law Firms Positioned Well After Citi-Apollo Partnership?
"Syndicated option or private credit, you need a firm that can handle either in every iteration," said one dealmaker.
September 30, 2024 at 04:23 PM
5 minute read
Mergers and AcquisitionsApollo and Citi's deal last week to create a $25 billion private credit direct lending program in North America may spur further deals between traditional big banks and private credit entities — which may put many Big Law firms on notice about where business is shifting.
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8 minute readLaw Firms Mentioned
- Proskauer Rose
- Blank Rome
- Cooley
- Bryan Cave Leighton Paisner
- Cadwalader Wickersham & Taft
- Davis Polk & Wardwell
- Cravath, Swaine & Moore
- Nelson Mullins Riley & Scarborough
- Paul, Weiss, Rifkind, Warton & Garrison
- Simpson Thacher & Bartlett
- Greenberg Traurig
- Hogan Lovells
- Jones Day
- Mayer Brown
- Verizon Communications
- Adobe
- Citigroup
- Berry Global Group
- MCI WORLDCOM Inc.
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