FP Credit Partners, L.P. Raises $750 Million
06.09.20
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The Firm represented Francisco Partners (“FP”) in raising $750 million to establish an opportunistic credit fund FP Credit Partners, L.P. (the “Fund”), FP’s debut credit strategy. The Fund was substantially oversubscribed and exceeded target fund size. FP is a leading global private investment firm that specializes in investments in technology and technology-enabled business. It is one of the most active and long-standing investors in the technology industry.
The Simpson Thacher team included Thomas Wuchenich, Maria Attaar, Avi Herescu and Jing Xu (Private Funds); Brian Robbins, Jennifer Neilsson and Jeanne Annarumma (ERISA); Sarah Katz (Tax); and Jennifer Levitt and Thomas Howland (Credit).