Insights

Choate Elevates Seven to Principal in 2024

Seven Choate attorneys – Mark McPherson, Saige Jutras Oftedal, Frank Pustorino, Natalia Smychkovich, Dana Spigelman, Caroline Trusty, and Mike Vetter – have been promoted to principal, effective May 1, 2024.

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.

Victress Capital Co-Leads $15.4M Investment in Droplette

Choate represented Victress Capital as a co-lead in the $15.4M Series B investment into Droplette, the consumer skincare technology originally developed as a medical device to treat rare and debilitating skin diseases.

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.