Shearman & Sterling has advised Abu Dhabi's sovereign weal fund Mubadala Investment on its acquisition of a majority stake in U.S. asset manager Fortress Investment Group from Japan's SoftBank Group, which turned to Morrison Foerster for counsel. Kirkland & Ellis represented Fortress.

Weil, Gotshal & Manges and Kirkland & Ellis have acted as legal counsel to Japanese telecom and internet giant SoftBank in its $3.3 billion acquisition of New York-headquartered Fortress Investment Group, represented by Skadden, Arps, Slate, Meagher & Flom.