Simpson Thacher is representing Laureate Education, Inc. in connection with the $150 million investment in its common stock by IFC, a member of the World Bank Group and the IFC African Latin American, Caribbean Fund. Laureate is the largest private international network of degree-granting higher education institutions with approximately 700,000 students in 24 countries throughout North and South America, Europe, Australia and New Zealand, the Middle East and North Africa and Asia.

More >>

Simpson Thacher is representing Kohlberg Kravis Roberts & Co. L.P. in connection with its acquisition of a 24.9% interest in Nephila Capital Ltd. (“Nephila”). Nephila is a leading investment manager focused on investing in natural catastrophe and weather risk.

More >>

International law firm Weil, Gotshal & Manges LLP announced today that Paul J. Wessel has joined its New York office as a partner and leader of the Executive Compensation and Employee Benefits practice group.

More >>

Paul Hastings LLP, a leading global law firm, represented RBC Capital Markets in connection with financing Confie Seguros, a leading national insurance broker primarily focused on the insurance needs of the Hispanic consumer, acquisition by ABRY Partners VII, LP, an affiliate of ABRY Partners.

More >>

The international law firm Chadbourne & Parke LLP today announced that Margarita Oliva Sainz de Aja, a leading banking and finance lawyer, has joined the firm as an international partner in Chadbourne’s Latin America group. She will divide her time between Chadbourne’s New York, Mexico City and São Paulo offices.

More >>

William L. Sturman has joined Covington & Burling’s corporate practice as a partner, strengthening the firm’s private equity fund formation capabilities. He will be resident in Covington’s New York office.

More >>

O’Melveny & Myers LLP represented Progenics Pharmaceuticals Inc. (Nasdaq: PGNX) in its acquisition of Molecular Insight Pharmaceuticals, Inc., a clinical-stage specialty pharmaceutical company focused on critical unmet diagnostic and therapeutic needs of the prostate cancer patient.

More >>

Day Pitney LLP is pleased to announce that prominent IP lawyer Andrew Riddles has joined the firm’s Intellectual Property group as a partner. He will divide his time between the firm’s Stamford and New York offices.

More >>

The Firm recently represented the underwriters, led by Citigroup Global Markets Inc., in connection with registered public offerings of 6,000,000 shares of common stock of Solar Capital Ltd. (NASDAQ: SLRC) and 2,000,000 shares of common stock of Solar Senior Capital Ltd. (NASDAQ:SUNS). The gross proceeds from the offering to SLRC were $140,910,000 and to SUNS were $37,200,000.

More >>

Simpson Thacher represented TPC Group Inc. (“TPC”) in connection with its Rule 144A and Regulation S offering of $100 million aggregate principal amount of additional 8.75% Senior Secured Notes due 2020. The deal closed on January 22, 2013. TPC used the net proceeds from this offering for general corporate purposes, including for certain strategic capital projects.

More >>