The history of Davis Polk & Wardwell dates to 1849 with its founding in New York. Over 170 years later, the firm has grown to 10 total offices spanning four continents. In the United States, Davis Polk has offices in New York, Washington DC and the Silicon Valley. It has standout practices in banking, capital markets, real estate, M&A and investment funds. The firm’s banking and finance practice advises leading financial institutions, private credit providers, sponsors and corporate borrowers on complex domestic and cross-border financing transactions. The firm’s real estate group advises borrowers, lenders, joint venture partners, buyers and sellers on transactions including refinancings, joint ventures, equity investments, mortgage financings and acquisitions. The firm’s private equity funds team advises on the fund formation and fundraising of domestic vehicles, including pension funds. The firm’s registered funds practice works on complex funds, including landmark matters in emerging sectors such as cryptocurrency and digital assets.