Simpson Thacher is representing Blackstone in connection with its announced plan to spin-off its financial and strategic advisory services, restructuring and reorganization advisory services, and its Park Hill fund placement businesses and combine these businesses with PJT Partners, an independent financial advisory firm founded by Paul J. Taubman. The new entity will be an independent, publicly traded company, led by Mr. Taubman as Chairman and CEO.
The Simpson Thacher team includes Eric Swedenburg, Ben Schaye, Jakob Rendtorff, Chris Vena and Lauren Shohat (M&A); Josh Bonnie, Will Golden and Matt Gabbard (Capital Markets); Greg Grogan, Jamin Koslowe and Patricia Adams (ECEB); John Hart, Gary Mandel, Andrew Purcell and Joseph Tootle (Tax); and Michael Naughton (Regulatory).