Pryor Cashman acted as counsel for Sciens Water Opportunities Management LLC, an SEC-registered investment adviser and leading investor in the U.S. water sector, in connection with its entry into a joint venture, through which vehicles of a $600 billion-AUM global asset manager committed $100 million for investment in a variety of water-related portfolio investments. The initial funding was made on May 11, 2026.

The Pryor Cashman team was led by Partners Bertrand C. Fry, Jonathan T. Shepard, and John J. Crowe, Counsel Ethan S. Lankri, and Associate Brian Dunlay, with significant assistance from Partners Taylor C. Weinstein and Matthew O. Young.

Pryor Cashman's Investment Management Practice advises clients, from emerging managers to leading global investment firms, on all aspects of their asset management businesses, including M+A, joint ventures, fund formation, separately managed accounts, and adviser compliance. The practice also advises investors evaluating private fund investments.