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Blackstone Holds First Closing on its Fifth Private Equity Fund

10.24.05

Simpson Thacher is representing The Blackstone Group in the establishment of its fifth general corporate private equity fund, Blackstone Capital Partners V L.P. ("BCP V"). In its initial closing, BCP V raised more than $10 billion of capital commitments from more than 200 U.S. and international investors, making the fund the largest private equity fund ever raised.

The Simpson Thacher team representing Blackstone includes Michael Wolitzer, Andrew Wright, Chris James, Peter Gilman, and Nentcho Nentchev (corporate); Brian Robbins, Jeanne Annarumma (ERISA); John Hart, Rachel Birnbaum (tax); and Russell Goldich (paralegal).