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CVC Credit Partners Raises $721 Million for Global Special Situations Fund

07.01.16

Simpson Thacher represented CVC Credit Partners in the establishment of CVC Credit Partners Global Special Situations Fund, which raised approximately $721 million (€650 million) in capital commitments to invest primarily in stressed and distressed European corporate credit opportunities.  

The Simpson Thacher team included Olga Gutman, Glenn Sarno, Parker Kelsey, Carolyn Houston, Rony Rothken, John Tracy and Zixuan Jiang (Private Funds); John Creed and Sophie Staples (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).