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Sixth Street Partners Invests $100 Million in HighBar Partners

02.25.21

Simpson Thacher represented Sixth Street Partners in connection with its $100 million investment, comprising a combination of equity and debt, in HighBar Partners III, L.P. This transaction will provide strategic capital to HighBar, allowing it to make add-on acquisitions and investments across its current portfolio companies and accelerating HighBar’s next phases of growth.

Sixth Street is a global investment firm with over $50 billion in assets under management and a track record of providing differentiated, creative solutions to companies and management teams around the world.

The Simpson Thacher team included Jennifer Levitt, Mimi Cheng and Janet Kanzawa (Banking and Credit); Michael Wolitzer and Carolyn Houston (Funds); Daniel Switts and Claire Hutar (Corporate); and Russell Light, Sophie Staples and Brian Mendick (Tax).