News & Events

Corporate Partner Pete Gilman was featured in a Q&A in Buyouts' PE Hub about minority-stake investments in private equity firms and succession planning. The feature, titled “Five Questions with Peter Gilman, Partner, Simpson Thacher & Bartlett,” discusses the intersection between sales of minority stakes in private equity firms and succession planning arrangements, among other things. “Minority investments are often a catalyst for having an open and candid discussion about the future of the firm. The discussion around succession planning, the discussion around transitioning governance and economics, it’s a very sensitive discussion…” Pete says. “From the perspective of the third party buyer…the continued health and viability and the planning of the firm is important to their value, which is derived largely from future economic streams. So if there’s not a proper transition plan, that’s called into question.”

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