Simpson Thacher represented KKR in connection with the formation of its first Asia real estate fund, KKR Asia Real Estate Partners SCSp (“AREP”), an approximately $1.7 billion fund. AREP will invest in real estate assets and companies primarily with the intent to control or influence the real estate assets or companies in which it invests or, in the case of debt investments, control the debt class or influence a restructuring of such real estate assets or companies.
The Simpson Thacher team included Jason Herman, David Wagner, Steven Homan, Michael Ceulen, Jacob Millikin, Alexander Hoffman and Alexander Leicht (Private Funds); Marcy G. Geller, Joseph A. Tootle, Jasmine Hay and Zachary Fialkow (Tax); Mary B. Touchstone, Julia Kohen, Ashley P. Belton (Credit); Jeanne Annarumma (ERISA); and Andrew J. Pagliughi (Blue Sky).