Simpson Thacher represented GCM Grosvenor in the establishment of GCM Grosvenor Secondary Opportunities Fund III, L.P. GCM Grosvenor has announced that the fund, which will primarily pursue investments in a diversified set of private equity secondary fund interests, raised $972 million in capital commitments, a 38% increase in commitments compared to its predecessor fund.
The Simpson Thacher team included Olga Gutman, Rony Rothken, May Mansour and Meredith Buerger (Funds); Drew Purcell, Brian Mendick and Preston Irace (Tax); and Brian Robbins, Jeanne Annarumma and Alexander Kharash (ERISA).