Simpson Thacher advised Blackstone in connection with the formation and raising of approximately $2.6 billion for its latest real estate secondaries fund, Strategic Partners Real Estate VIII L.P., and its related committed program vehicles.
Strategic Partners provides a range of solutions across illiquid asset classes for investors and financial sponsors, including LP liquidity solutions and GP-focused solutions such as GP-led secondaries and co-investments.
The Simpson Thacher team included Parker Kelsey, Sage Hughes, Nathan Calko, Tom Berg, Lena Dennington, John Charles, Suzannah Ranzo, Alexandra Speiss and Kunzhao Cao (Funds); Jonathan Goldstein, Kris Liu and Michael Leitner (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).