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.
General Atlantic Invests in Chess.com
- Client News
- January 14, 2022
Paul, Weiss advised General Atlantic in its investment in Chess.com, one of the world’s largest chess platforms. Launched in 2007, Chess.com is a leading online destination for playing, learning and watching chess, with over 75 million registered users and more than 10 million games played every day. Terms of the transaction were not disclosed.
The Paul, Weiss team included, among others, corporate partners Matthew Abbott, Austin Pollet, Suhan Shim and Robert Zochowski and counsel Caitlin Kelly; tax partner Lindsay Parks; executive compensation partner Jarrett Hoffman and counsel Nicole Tark; intellectual property partner Jonathan Ashtor and counsel Michael Kurzer; real estate partner Peter Fisch; litigation partner Andrew Gordon and counsel Steven Herzog, Peter Jaffe and Rachel Fiorill; antitrust counsel Marta Kelly; and environmental counsel William O'Brien.