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Prime Finance Completes More Than $1 Billion Fundraising for Prime Finance Special Situations Fund 2

06.25.24

Simpson Thacher represented Prime Finance in the formation and raising of Prime Finance Special Situations Fund 2, L.P. (“PFSS 2”). PFSS 2 (together with its related vehicles) closed at more than $1 billion in capital commitments. PFSS 2 will invest in distressed, challenged, or transitional capital structures through debt or equity instruments backed by commercial real estate throughout the United States.

The Simpson Thacher team included Tom Wuchenich, Matthew Kemp, Tiffany Chu, Bryon Boyce, Sophia Papaioannou and Alexandria Vasques (Funds); Marcy Geller, Caroline Phillips and Benjamin Bressler (Tax); and Jeanne Annarumma (ERISA).