Exoplanet detections have revolutionized astronomy, offering new insights into solar system architecture and planet demographics. While nearly 1900 exoplanets have now been discovered and confirmed, 1 none are still in the process of formation. Transition discs, protoplanetary disks with inner clearings 2-4 best explained by the influence of accreting planets 5 , are natural laboratories for the study of planet formation. Some transition discs show evidence for the presence of young planets in the form of disc asymmetries 6, 7 or infrared sources detected within their clearings, as in the case of LkCa 15. 8,9 Attempts to observe directly sig-Author Contributions: This work merged two independently acquired and analysed data sets. S.S. led preparation of the manuscript, the orbital fits, and the acquisition and analysis of the LBT data while K.B.F. led the acquisition and analysis of the MagAO data, development of the MagAO SDI pipeline, and drafted MagAO manuscript sections.

We report results of a direct imaging survey for giant planets around 80 members of the β Pic, TW Hya, Tucana-Horologium, AB Dor, and Hercules-Lyra moving groups, observed as part of the Gemini NICI Planet-Finding Campaign. For this sample, we obtained median contrasts of ∆H=13.9 mag at 1" in combined CH 4 narrowband ADI+SDI 0 mode and median contrasts of ∆H=15.1 mag at 2" in H-band ADI mode. We found numerous (>70) candidate companions in our survey images. Some of these candidates were rejected as common-proper motion companions using archival data; we reobserved with NICI all other candidates that lay within 400 AU of the star and were not in dense stellar fields. The vast majority of candidate companions were confirmed as background objects from archival observations and/or dedicated NICI campaign followup. Four comoving companions of brown dwarf or stellar mass were discovered in this moving group sample: PZ Tel B (36±6 M Jup , 16.4±1.0 AU, Biller et al. 2010) , CD -35 2722B (31±8 M Jup , 67±4 AU, Wahhaj et al. 2011), HD 12894B (0.46±0.08 M ⊙ , 15.7±1.0 AU), and BD+07 1919C (0.20±0.03 M ⊙ , 12.5±1.4 AU). From a Bayesian analysis of the achieved H band ADI and ASDI contrasts, using power-law models of planet distributions and hot-start evolutionary models, we restrict the frequency of 1-20 M Jup companions at semi-major axes from 10-150 AU to <18% at a 95.4% confidence level using DUSTY models and to <6% at a 95.4% using COND models. Our results strongly constrain the frequency of planets within semi-major axes of 50 AU as well. We restrict the frequency of 1-20 M Jup companions at semi-major axes from 10-50 AU to <21% at a 95.4% confidence level using DUSTY models and to <7% at a 95.4% using COND models. This survey is the deepest search to date for giant planets around young moving group stars.

We present 197 planet candidates discovered using data from the first year of the NASA K2 mission (Campaigns 0-4), along with the results of an intensive program of photometric analyses, stellar spectroscopy, high-resolution imaging, and statistical validation. We distill these candidates into sets of 104 validated planets (57 in multi-planet systems), 30 false positives, and 63 remaining candidates. Our validated systems span a range of properties, with median values of R P = 2.3 R ⊕ , P = 8.6 d, T eff = 5300 K, and Kp = 12.7 mag. Stellar spectroscopy provides precise stellar and planetary parameters for most of these systems. We show that K2 has increased by 30% the number of small planets known to orbit moderately bright stars (1-4 R ⊕ , Kp = 9-13 mag). Of particular interest are 37 planets smaller than 2 R ⊕ , 15 orbiting stars brighter than Kp = 11.5 mag, five receiving Earth-like irradiation levels, and several multi-planet systems -including four planets orbiting the M dwarf K2-72 near mean-motion resonances. By quantifying the likelihood that each candidate is a planet we demonstrate that our candidate sample has an overall false positive rate of 15 − 30%, with rates substantially lower for small candidates (< 2R ⊕ ) and larger for candidates with radii > 8R ⊕ and/or with P < 3 d. Extrapolation of the current planetary yield suggests that K2 will discover between 500 − 1000 planets in its planned four-year mission -assuming sufficient follow-up resources are available. Efficient observing and analysis, together with an organized and coherent follow-up strategy, is essential to maximize the efficacy of planet-validation efforts for K2 , TESS , and future large-scale surveys. 1 We distinguish "confirmed" systems (with measured masses) from "validated" systems (whose planetary nature has been statistically demonstrated, e.g. with false positive probability < 1% ).

Gas-giant planets emit a large fraction of their light in the mid-infrared ( 3 μm), where photometry and spectroscopy are critical to our understanding of the bulk properties of extrasolar planets. Of particular importance are the L-and M-band atmospheric windows (3-5 μm), which are the longest wavelengths currently accessible to ground-based, high-contrast imagers. We present binocular LBT adaptive optics (AO) images of the HR 8799 planetary system in six narrow-band filters from 3 to 4 μm, and a Magellan AO image of the 2M1207 planetary system in a broader 3.3 μm band. These systems encompass the five known exoplanets with luminosities consistent with L → T transition brown dwarfs. Our results show that the exoplanets are brighter and have shallower spectral slopes than equivalent temperature brown dwarfs in a wavelength range that contains the methane fundamental absorption feature (spanned by the narrow-band filters and encompassed by the broader 3.3 μm filter). For 2M1207 b, we find that thick clouds and non-equilibrium chemistry caused by vertical mixing can explain the object's appearance. For the HR 8799 planets, we present new models that suggest the atmospheres must have patchy clouds, along with non-equilibrium chemistry. Together, the presence of a heterogeneous surface and vertical mixing presents a picture of dynamic planetary atmospheres in which both horizontal and vertical motions influence the chemical and condensate profiles.

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