Simpson Thacher represented The Blackstone Group L.P. (“Blackstone”) in the establishment of its seventh global private equity fund, Blackstone Capital Partners VII L.P. (“BCP VII”). Blackstone has announced that fundraising for BCP VII began in November 2014 with a record $15.7 billion first close in May 2015, with ultimate demand for the fund significantly in excess of its hard cap of $17.5 billion. There are, as reported by Blackstone, more than 250 limited partners from 40 countries in BCP VII.
The Simpson Thacher team representing Blackstone included Jonathan Karen, Michael Wolitzer, Steven Klar, Steven Homan, Jeff Lieberman, Liz Muscarella, Doug Brown, Ben Smith, Elliot Im, Lauren Sullivan, Jonathan Zane and Melissa Glazer (Corporate); Brian Robbins and Jeanne Annarumma (ERISA); and Jonathan Goldstein, Jodi Sackel and George Davis (Tax).