Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.
Seven Seven Six Forms First TGL Golf Team Ownership Group With Serena and Venus Williams
- Client News
- June 8, 2023
Paul, Weiss is advising Seven Seven Six (776), a venture capital firm founded by investor Alexis Ohanian, in the formation of the Los Angeles Golf Club alongside tennis legends Serena Williams and Venus Williams. The ownership group is the first of six created in connection with TGL, a new tech-forward team golf league developed by Tiger Woods and Rory McIlroy’s TMRW Sports in partnership with the PGA TOUR. The Los Angeles Golf Club will compete in TGL’s first season launching in January 2024 in a purpose-built arena in Palm Beach, Florida. Financial terms of the transaction were not disclosed.
The Paul, Weiss team is led by corporate partner Neil Goldman and includes corporate partner Brian Lavin; intellectual property partner Charles Googe; and tax partner Lindsay Parks.