Press Release December 14, 2015

Pamlico Capital Acquires World 50

Alston & Bird client Pamlico Capital Management LP has acquired World 50 Inc., an invite-only peer-to-peer network and knowledge-exchange platform serving corporate executives, from Chicago Growth Partners LLC. Terms of the transaction were not disclosed.

Founded in 2004, World 50 has more than 900 members representing 500-plus companies on six continents.

World 50 is the eighth investment by Pamlico Capital III, a fund with $650 million of committed capital.

Advising Pamlico Capital is an Alston & Bird team led by partners Bryan Ives, Scott KummerDeanna Kashdan, associate Kyle Navarro and staff attorney Lauren Huddleston (Corporate & Business Transactions), assisted by partners Clare Draper (Labor & Employment), Blake MacKayJohn Shannon (Employee Benefits & Executive Compensation) and Chris Gegg (Intellectual Property).
Media Contact
Nicholas Clarke
Senior Communications Manager
Phone: 212.210.1222

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