Simpson Thacher is representing Blackstone in its strategic alliance with Wellington Management (“Wellington”) and Vanguard to collaborate on developing multi-asset investment solutions to integrate public and private markets as well as active and index strategies. This new initiative, which is the first of its kind for the firms, seeks to broaden access to sophisticated multi-asset portfolios ordinarily available to the largest global institutions and help investors build fully diversified portfolios that incorporate private assets and pursue higher returns.
Blackstone is the world’s largest alternative asset manager. It has more than $1.1 trillion in assets under management, which include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, real assets, secondaries and hedge funds.
Wellington is one of the world’s largest independent investment management firms. It manages more than $1.3 trillion for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers and other clients.
Vanguard is one of the world’s leading investment management companies. It offers investments, advice and retirement services to tens of millions of individual investors through workplace plans as well as financial intermediaries.
The Firm’s team includes Rajib Chanda, Ryan Brizek and Bissie Bonner (Registered Funds); and Elizabeth Cooper, Matt Gabbard and Joanna Melnick (Asset Management M&A).