Our preeminent Private Funds Practice has represented private funds clients for over 40 years, playing a prominent role in the development of the private funds industry and earning us a unique leadership role in the sector. Working closely with lawyers in the Firm’s other practice areas, our team provides comprehensive advice to many of the world’s best-known institutional alternative asset managers, as well as smaller first-time funds and independent boutiques.
Through our representation of a diverse group of sponsors, we have established a track record for adding value to our clients’ fundraisings and have developed an acute understanding of custom and practice in the private funds marketplace. That, in turn, allows us to provide clients with the commercially driven, practical advice that they require. We represent sponsors and sophisticated investors in:
- Private equity funds
- Hedge funds
- Real estate funds
- Energy/infrastructure funds
- Credit funds (including mezzanine, senior loan and distressed)
- Secondary funds / fund-of-funds
- Growth and venture capital funds
- Other types of funds pursuing “alternative investment” strategies
In addition, we routinely structure our clients’ internal arrangements and employee investment arrangements. We also have substantial experience in M&A transactions involving private investment firms, initial public offerings of alternative asset managers, credit facilities for funds and their managers and secondary transfers of private fund investments. With dedicated fund formation teams in New York, London, Brussels, Hong Kong, Tokyo, Palo Alto, Los Angeles, Washington, D.C. and Houston, Simpson Thacher has an unsurpassed breadth of experience in organizing private funds of all types around the globe. We offer U.S. and English law capability in advising sponsors of private funds throughout the world.
Largest Fundraisings
Simpson Thacher acted as sponsor counsel on many of the largest private equity fundraisings launched in the U.S. and Europe since 2009, including:
| Blackstone Real Estate Partners X |
$30.4 billion
|
| CVC IX |
€26 billion
|
| Blackstone Capital Partners VIII |
$26.2 billion
|
| Hellman & Friedman Capital Partners X |
$24.4 billion
|
| Lexington Capital Partners X |
$22.7 billion
|
| Strategic Partners IX |
$22.2 billion
|
| EQT X |
€22 billion
|
| Silver Lake Partners VII |
$20.5 billion
|
| EQT Infrastructure V |
€15.7 billion
|
| Eighth Cinven Fund |
€14.5 billion
|
| New Mountain Partners VII |
$15.4 billion |
| Stonepeak Infrastructure Fund IV |
$14 billion
|
| Apax X |
$11.77 billion
|
| Platinum Equity Capital Partners V |
$10 billion
|
| DigitalBridge Partners II |
$8.3 billion
|
| Carlyle Realty Partners IX |
$8 billion
|
| Macquarie Infrastructure Partners V |
$6.9 billion
|
| KKR Real Estate Partners Americas III |
$4.3 billion
|
| Morgan Stanley’s North Haven Real Estate Fund X Global |
$3.1 billion
|
| Rubicon Technology Partners IV |
$1.7 billion
|
| Vivo Capital Fund IX |
$1.43 billion
|
| Trill Impact |
€900 million
|