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Simpson Thacher Represents Silver Lake in Sale of Minority Stake to CalPERS

01.09.08

Simpson Thacher represented Silver Lake in the establishment of a long-term strategic partnership between Silver Lake and the California Public Employees’ Retirement System (CalPERS) under which CalPERS acquired a 9.9% stake in Silver Lake. Silver Lake is the leading private equity firm focused on private equity investments in technology, technology-enabled, and related growth industries.

The Simpson Thacher team representing Silver Lake included Michael Wolitzer, Maripat Alpuche, Jonathan Karen, Nomaan Raja, Daniel Lavon-Krein, Kristina Groennings and Tabatha George (corporate); Steven Todrys and John Hart (tax), and Brian Robbins and Jeanne Annarumma (ERISA).