Simpson Thacher is representing The Blackstone Group in connection with its acquisition of a 40% stake in Patria, Brazil’s leading alternative asset manager. The parties have announced the formation of a partnership through which the two firms would agree to cooperate in building their businesses in Brazil and throughout South America.
Patria Investimentos is one of Brazil’s largest differentiated investment management and corporate advisory firms. It pioneered the private equity industry in Brazil, gradually expanding its portfolio with the creation of new businesses including real estate, capital management and infrastructure.
The Simpson Thacher team includes: Wilson Neely, Brian Stadler, Anthony Vernace, Borja Marcos, Swati Lohia and Stephanie Mash (M&A); Barrie Covit, Peter Gilman and Michael Sabin (Private Funds); John Hart and Seojung Park (Tax); and Greg Grogan, Jamin Koslowe and Wonda Quinn (Executive Compensation and Employee Benefits).