From the release:
Wasserstein & Co., LP (The Company) today announced that it has retained Credit Suisse as its exclusive financial advisor to assist it in exploring various strategic alternatives for its investment in ALM, including the possible sale of the company. ALM, a leading media company serving legal and business professionals, was formed in 1997 by U.S. Equity Partners, L.P., a private equity fund sponsored by Wasserstein & Co., LP.
ALM currently owns and publishes 34 national and regional magazines and newspapers, including The American Lawyer, Corporate Counsel, The National Law Journal and Real Estate Forum. The company is one of North America’s largest producers of conferences and trade shows for business leaders and the legal profession.