Monday - April 28, 2025
State Tipoffs Involving Illinois Newsletter for Tuesday January 14, 2025 ( 13 items )  

An 'amplifier' for missed signals produced by our bodies
EVANSTON, Illinois, Jan. 13 -- Northwestern University issued the following news release: An unplugged electric instrument may function, but it sounds much better when it is connected to an amplifier and pedals. Similarly, toxins and other small molecules at low concentrations in the environment or human body may emit quiet signals that are undetectable without specialized lab technology. Now, thanks to a "cool trick in biochemistry" used to adapt a sensing platform already being deployed by   more

City Colleges of Chicago: Kenneth G. Balcarcel Selected as a 2025 Civic Leadership Academy Fellow
CHICAGO, Illinois, Jan. 14 (TNSres) -- City Colleges of Chicago issued the following news: Director of Compliance for the Adult Education Department at City Colleges of Chicago Kenneth G. Balcarcel has been selected as a 2025 Civic Leadership Academy (CLA) Fellow by the University of Chicago's Center for Effective Government. The CLA is an esteemed program designed to empower the next generation of civic leaders across Chicago and Cook County. Kenneth joins the eleventh cohort of this developme  more

GTCR Announces Strategic Investment in Winged Keel Group
CHICAGO, Illinois, Jan. 14 -- GTCR, a private equity firm, issued the following news release on Jan. 13, 2025: * * * Firm will partner with existing team to strategically grow the Company and further enhance Winged Keel's service offering * * * GTCR, a leading private equity firm, announced today that it has agreed to make a strategic investment in Winged Keel Group ("Winged Keel" or the "Company"), an independent life insurance brokerage firm specializing in inter-generational wealth accumu  more

Jones Lang LaSalle: Bryant Square Retail Center in Oklahoma City Metropolitan Area Trades Hands
CHICAGO, Illinois, Jan. 14 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates sale of Class A power center in Edmond * * * DALLAS, Jan. 13, 2025 - JLL Capital Markets announced today that it has secured the sale of Bryant Square, a 272,135-square-foot retail center in Edmond, Oklahoma, part of the Oklahoma City metropolitan area. JLL represented the seller, TriGate Capital, in arranging the buyer,   more

Jones Lang LaSalle: Global Data Center Demand Surges Despite Supply and Power Constraints
CHICAGO, Illinois, Jan. 14 (TNSres) -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL's new 2025 Global Data Center Outlook explores the relationship between AI, sustainability and investment demand * * * Artificial intelligence applications are rapidly expanding across industries, and the global data center industry plays a critical role in AI adoption and advancement. To meet the exponential data center demand, the sector w  more

Jones Lang LaSalle: Premier Student Housing Asset Near Kennesaw State University Changes Hands
CHICAGO, Illinois, Jan. 14 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets arranges sale of 656-bed Bixby community in thriving Georgia college market * * * DALLAS, Jan. 13, 2025 - JLL Capital Markets announced today that it has arranged the sale of Bixby Student Housing community, a 656-bed student housing community serving Kennesaw State University in Kennesaw, Georgia. JLL represented the seller, Alden S  more

Kirkland Advises Clearwater Analytics on $1.5 Billion Acquisition of Enfusion
CHICAGO, Illinois, Jan. 13 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising Clearwater Analytics (NYSE: CWAN), a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, on a definitive merger agreement to acquire Enfusion, Inc. (NYSE: ENFN), a Saas solutions provider for the investment management and hedge fund industry. The purchase price is $11.25 per share, which is comprised of an approximately equal mi  more

Kirkland Advises Scorpion Therapeutics on Sale of Inhibitor Program to Eli Lilly
CHICAGO, Illinois, Jan. 13 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising Scorpion Therapeutics, Inc. on the sale of its PI3KAlpha inhibitor program, STX-478, to Eli Lilly and Company (NYSE: LLY). The program is a once-daily oral, mutant-selective PI3KAlpha inhibitor currently being evaluated in a Phase 1/2 clinical trial for breast cancer and other advanced solid tumors. Under the terms of the agreement, Lilly will acquire Scorpion for up to   more

Mayer Brown Continues Structured Finance Push With Appointment of Adam Farrell
CHICAGO, Illinois, Jan. 13 -- Mayer Brown, a law firm, issued the following news: London - Mayer Brown announced today that Adam Farrell has joined the firm as a partner in its global Structured Finance and Private Capital groups. He joins from White & Case shortly after the arrival of collateralised loan obligations (CLO) and securitisation lawyer Chris McGarry on 1 January, also previously at White & Case. Adam focuses on advising arrangers, issuers, sponsors and investors on securitisatio  more

McDermott Will & Emery Advises Innate Pharma on New Capital Increase
CHICAGO, Illinois, Jan. 14 -- McDermott Will and Emery, a law firm, issued the following news release: McDermott Will & Emery has advised biotechnology company Innate Pharma on an agreement with the Institute for Follicular Lymphoma Innovation (IFLI) to explore the clinical potential of IPH6501, Innate's anti-CD20 ANKET(R) in follicular lymphoma, under which IFLI has invested USD 3 million in new Innate Pharma shares. The IFLI may also invest up to USD 4.9 million in new shares of Innate Pharm  more

McDermott Will & Emery Enhances Global Finance Offering With Senior Hire in London
CHICAGO, Illinois, Jan. 14 -- McDermott Will and Emery, a law firm, issued the following news release: International law firm McDermott Will & Emery welcomes Alexander (Alex) Wood as a partner in its Transactions Practice Group in London. Alex's practice focuses on corporate finance, restructuring, insolvency, and special situations. "Alex's appointment is a significant enhancement to our global finance and restructuring team, following the outstanding partner additions in our London office la  more

Northwestern's Dr. Jennifer Jao to co-chair pre-eminent AIDS clinical-trials network
EVANSTON, Illinois, Jan. 13 -- Northwestern University issued the following news release: Dr. Jennifer Jao, pediatric infectious disease expert from Northwestern University Feinberg School of Medicine and Ann & Robert H. Lurie Children's Hospital of Chicago, has been selected as co-chair of the International Maternal Pediatric and Adolescent AIDS Clinical Trials ( IMPAACT ) Network funded by the National Institutes of Health (NIH). With more than 50 clinical-trials sites across the world, IMP  more

Tax Partner Rodney Hill Joins Kirkland & Ellis
CHICAGO, Illinois, Jan. 13 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis announced today that Rodney Hill has joined the Firm as a partner in the Tax Practice Group. Mr. Hill advises on the tax aspects of transactions, with a particular focus on investment fund formation and mergers and acquisitions involving investment fund sponsors. "Rodney is an excellent tax lawyer with substantial experience advising on issues related to the alternative asset indu  more