News & Events

Simpson Thacher was named a Fund Formation Practice Group of the Year for 2023 by Law360. The Firm was recognized for its work advising on numerous successful fundraisings across “an array of asset classes,” including Blackstone’s tenth global opportunistic real estate fund, Blackstone Real Estate Partners X, which raised $30.4 billion and was the largest real estate or private equity drawdown fund ever raised. The Firm’s work on CVC Capital Partners IX, which raised €26 billion and was reported by PEI as the largest-ever buyout fund at the time of its closing in July 2023, was also featured. Law360 also highlighted the Firm’s work in the secondaries and retail spaces.

Michael Wolitzer, Head of Simpson Thacher’s Investment Funds Practice, attributed the Firm’s success to its practice of developing deep relationships with its clients and continuing to advise them as they expand into new products and strategies. “It’s that concentration, [that] focus on the multistrategy clients, and then growing with them into all these different asset classes, and being strong within each asset class…[that] sets us apart,” he said. He also cited the breadth of the Firm’s work for clients, including advising on transactional work and regulatory matters, as keys to its success.

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