Ropes & Gray LLP

Ropes & Gray represented B Capital along with the California Public Employees’ Retirement System (CalPERS) in an investor consortium led acquisition of Russell Investments from existing owners TA Associates and Reverence Capital Partners. The transaction was announced on July 9 and is expected to close in the first quarter of 2027. Financial terms were not disclosed.

Ropes & Gray secured prominent rankings across Mergermarket's Global & Regional M&A, Private Equity, and Legal Advisors to Financial Advisors league tables for the first half of 2026. The results reinforce the firm's standing as a global leader in private equity and M&A transactions, with multiple top-five placements across key categories.

Prediction markets have exploded into the mainstream and with that growth comes a rapidly evolving landscape of regulatory, legal, and compliance risk that organizations need to consider.

M&A partners Ariel Deckelbaum and Suni Sreepada have been named finalists for “Dealmaker of the Year” as part of New York Law Journal’s New York Legal Awards 2026. The annual New York Legal Awards recognize the attorneys and judges whose dedication, innovation, and leadership have profoundly impacted the legal profession across the state.

In a recent article in The Wall Street Journal on how companies are mobilizing internal AI champions to drive workforce adoption, Howard Glazer, co-head of Ropes & Gray's global private equity transactions practice and the firm's Head of Practice AI, was featured alongside executives at Citigroup and Mars, Inc. The article highlighted Ropes & Gray's rapid AI adoption growth, noting that two years ago, 32 Ropes & Gray users sent a few hundred prompts a month to legal AI platform Harvey.

Ropes & Gray has been shortlisted in the Innovative Lawyers in Private Capital category at the FT Innovative Lawyers Awards Europe 2026 in recognition of the firm's work advising EQT on its landmark acquisition of Coller Capital – the largest-ever purchase of a secondaries fund manager.

Ropes & Gray represented T. Rowe Price in the launch of the T. Rowe Price Goldman Sachs Private Markets Fund, the first fund launched pursuant to the strategic collaboration between T. Rowe Price and Goldman Sachs announced on Sept. 4, 2025. The strategic collaboration between Goldman Sachs and T. Rowe Price aims to deliver a range of diversified public and private market solutions designed for the unique needs of retirement and wealth investors.

Ropes & Gray has advised ABC Company S.p.A., a listed permanent capital investment company, on the structuring of an innovative scrip dividend combining cash and in-kind components. The structure provides for the in-kind component to be satisfied, in priority, through the free allocation of newly issued listed shares or, at each shareholder’s election, through the allocation of convertible bonds listed on Euronext.

Ropes & Gray represented SkyKnight Capital on theclosing of SkyKnight Capital Fund V on July 1 with $2 billion in commitments from endowments, foundations, pensions, family offices, and institutional investors. SkyKnight focuses on partnering with high quality businesses in acyclical growth sectors alongside exceptional management teams. With the close of Fund V, SkyKnight will manage about $6.5 billion in assets and has grown to a team of 35 dedicated professionals.

Ropes & Gray has added Alison Dennis as a partner in its life sciences regulatory practice based in London, the firm announced today. One of the few practitioners in the market who works across both regulatory and transactional matters, Alison joins with an unbroken record in contested regulatory proceedings, having persuaded regulators and notified bodies to reverse their decisions on every occasion she has tried.