News & Events

Simpson Thacher ranks among the top law firms advising on secondaries matters by total value and by number of transactions, according to Secondaries Investor’s report on law firm activity in the sector. The Firm advised on 79 transactions with an aggregate value of $47.8 billion during the relevant time frame (November 1, 2022-October 31, 2023), placing among the top law firms ranked in the report both by total value and by number of transactions.

Lauren King, Co-Head of Simpson Thacher’s Fund Transactions Practice, was quoted in the article discussing expectations for the secondaries market in 2024: “With respect to GP-leds, we anticipate a continued shift towards multi-asset deals as well as an increase in NAV/asset-based financing being used for both the transaction (if multi-asset) and the continuation fund,” she said. “With respect to LP portfolio transactions, we expect the continued reliance on deferred purchase price mechanics as well as a continued increase in mosaic transactions.”

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