January 16, 2018 (NEW YORK) – Proskauer was recognized by Law360 in its 2017 Practice Group of the Year awards in the asset management and sports categories. The award honors the law firms behind the litigation wins and major deals that resonated throughout the legal industry in the past year. 

Proskauer provides full-service cross-border solutions for asset managers on all aspects of their business. Whether advising on fund formations, investments, exits, executive compensation or disputes, the Firm serves private equity firms, private and public funds, sovereign wealth funds, investment banks and large privately held and publically traded operating companies. Headline fund formations on which the Firm has advised over the past year include representing HgCapital on the fundraise of HGCapital 8 and HgCapital Mercury 2 with a combined value of £3.1 billion; Lexington Partners on the closing of Lexington Middle Market Investors IV, L.P. and its associated vehicles with $2.66 billion in commitments.; and Spectrum Equity on the first and final closing of Spectrum Equity VIII, L.P with $1.25 billion in commitments. Read our in-depth practice profile. 

For more than 50 years, Proskauer has been considered the go-to firm for sports-related matters, from bet-the-company disputes, high-profile collective bargaining negotiations and the purchase and sale of teams, to complex financings, the development and naming of stadiums and arenas, formation of new leagues and high-stakes contract negotiations and litigations. The group has advised on a string of headline matters over the past year which include advising the Miami Marlins on its $1.2 billion sale and serving as primary outside counsel to Los Angeles 2028 in its successful bid to host the 2028 Olympic and Paralympic Games. Read our in-depth practice profile.