Simpson Thacher Represents Silver Lake in Establishment of Silver Lake Partners III and Silver Lake Sumeru Fund, With Combined Capital Commitments in Excess of $10 Billion For Investment in the Technology and Related Growth Industries
05.07.08
This is only gets display when printing
Simpson Thacher represented Silver Lake in the establishment of its third fund focusing on large-scale private equity investments in companies within the technology, technology-enabled and related growth industries, Silver Lake Partners III, L.P., and its inaugural private equity fund focusing on similar investments in middle-market companies, Silver Lake Sumeru Fund, L.P. SLP III raised more than $9.3 billion of total commitments, making SLP III the largest single private equity fund ever raised that is focused exclusively on technology industries. Silver Lake Sumeru Fund raised more than $1.1 billion of total commitments.
The Simpson Thacher team representing Silver Lake included Michael Wolitzer, Jonathan Karen, Daniel Lavon-Krein, Kristina Groennings, and Lauren Donner Chait (corporate); Brian Robbins and Jeanne Annarumma (ERISA); John Hart, Benjamin Applestein (tax); Mark Lab (blue sky); and paralegal Eliza Pike.