Simpson Thacher represented Cinven in connection with the formation and raising of the Eighth Cinven Fund (“Fund 8”), which raised $14.5 billion and reached its hard cap. Fund 8 is nearly 30% larger than its 2019 predecessor fund, the Seventh Cinven Fund.
Originally founded as the private investment arm of the British Coal pension scheme in 1977, Cinven became independent in 1995 and raised its first Fund in 1996. Cinven has raised Funds of more than €50 billion in aggregate to date. The Cinven Funds have completed investments in more than 150 portfolio companies across Europe and in North America, realized or listed more than 115 investments, and returned proceeds of approximately €47 billion to the Cinven Funds.
The Simpson Thacher team was led by Gareth Earl, and included Mia Hatfield, Meiyi Lu, Nicholas Chong, Andre Nance, Victoria Hartman, Alex Hoffman, Tony Liu, Samantha Spearman, Nakul Patel, Fathima Mohamed, and Nigel Yee (Funds); Nancy Mehlman, William Smolinski and Meredith Jones (Tax); and Stephanie Biggs, Jack Harrison and Paula Caamano Sambade (Regulatory).