Simpson Thacher Acted as Outside Counsel to Four Principals of Bank of America Merrill Lynch in Their Spin-Out and Formation of NewQuest Asia Fund I, L.P.
05.12.11
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Simpson Thacher acted as outside counsel to four principals of Bank of America Merrill Lynch in connection with their spin-out and formation of a new asset manager and fund, NewQuest Asia Fund I, L.P. (“Fund”). Subsequently, the Fund purchased a sizeable portfolio of private equity assets from Bank of America Merrill Lynch.
The Simpson Thacher team included: Phil Culhane and Caitlin Gall (Funds); Jonathan Goldstein (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).