Simpson Thacher represented The Blackstone Group L.P. (“Blackstone”) in the establishment of its first Asian private equity fund, Blackstone Capital Partners Asia L.P. (“BCP Asia”). Blackstone has announced that BCP Asia has held a final close and reached its hard cap. Together with commitments from Blackstone and its affiliates, BCP Asia has approximately $2.3 billion of capital commitments.
The Simpson Thacher team representing Blackstone included Jonathan Karen, Adam Furber, Steven Klar, Michael Ceulen, Doug Brown, Michael Milano, Deepa Thimmapaya, Maya Reeves and Yianni Georgeton (Private Funds); Jonathan Goldstein and Jodi Schneider (Tax); and Jeanne Annarumma (ERISA).