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Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.

Apollo Invests in Expedia Group

Paul, Weiss represented funds managed by affiliates of Apollo Global Management, Inc. in their investment, alongside Silver Lake Partners, in Expedia Group, an online travel shopping company for consumer and small business travel. The transactions included a $1.2 billion private placement of perpetual preferred stock, with Apollo and Silver Lake each purchasing half, and $2.75 million in a new bond offering in which Apollo and Silver Lake participated.

The Paul, Weiss team included corporate partners Gregory Ezring, Brian Janson and Matthew Goldstein, and counsel David Levine; and tax partners Brian Grieve and Brad Okun.

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