Simpson Thacher represented Blackstone’s Strategic Capital Group in connection with its acquisition of a minority stake in GI Partners. Terms of the transaction were not disclosed.
Founded in 2001, GI Partners is a private investment firm based in San Francisco, California. The firm has raised over $17 billion in capital from leading institutional investors around the world to invest in private equity, real estate and data infrastructure strategies.
The Simpson Thacher team included Maripat Alpuche, Matthew Rogers, Jun Won Kim and Tyshanti De Jonge (M&A); Crystal Frierson, Maria Attaar and Kira Richards (Funds and Funds Compliance); Drew Purcell and Jasmine Hay (Tax); Jamin Koslowe and Pasco Struhs (Executive Compensation and Employee Benefits); and Jennifer Levitt, Mimi Cheng and Kate Bai (Banking and Credit).