News & Events

Simpson Thacher ranked among the top five law firms advising on secondaries transactions by total value, and among the top ten by number of transactions, in Secondaries Investor’s report on law firm activity in the sector. The Firm advised on 69 transactions with an aggregate value of $71 billion during the relevant time frame (1 November 2021-31 October 2022), the fourth-highest by total value and eighth-highest by number of transactions among law firms ranked in the report.

Lauren King, co-head of Simpson Thacher’s Fund Transactions practice, was quoted in the article discussing the secondaries market in 2022: "Coming off record levels of activity in 2021, last year we saw secondaries transactions volume decline in parallel to deal activity more broadly," she said. “The secondaries market as a whole has been impacted by macroeconomic factors that have led to uncertainty around asset valuations and a denominator effect-related right-sizing of portfolios by institutional investors.”

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