Strategic Partners’ $11.1 Billion Strategic Partners VIII Fund Fundraising

Simpson Thacher represented Strategic Partners in connection with the formation and fundraising of Strategic Partners VIII L.P. and its related committed program vehicles (collectively, including related entities, “SP VIII”).

SP VIII closed at over $11 billion, with a diversified investor base comprising pension funds, sovereign wealth funds, financial institutions, endowments, foundations, family offices and high net worth individuals from more than 30 countries. The fund will leverage Strategic Partners’ scale, consistent secondary investment strategy and transaction expertise.

Strategic Partners, Blackstone’s secondary and fund solutions business, has raised more than $43 billion dedicated to private equity, infrastructure and real estate secondary and fund investing.

The Simpson Thacher team representing Strategic Partners included Parker Kelsey (Picture), Carolyn Houston, James Hays, Avi Herescu, Samuel Francis, David Whelan, Katherine Smith, Edward Guers, Jiarui Li and Yanru Tao (Funds); Jonathan Goldstein and Nicole Humphrey (Tax); and Brian Robbins and Jeanne Annarumma (ERISA).

Involved fees earner: Jeanne Annarumma – Simpson Thacher & Bartlett; Samuel Francis – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Edward Guers – Simpson Thacher & Bartlett; James Hays – Simpson Thacher & Bartlett; Avi Herescu – Simpson Thacher & Bartlett; Carolyn Houston – Simpson Thacher & Bartlett; Nicole Humphrey – Simpson Thacher & Bartlett; Parker Kelsey – Simpson Thacher & Bartlett; Jiarui Li – Simpson Thacher & Bartlett; Brian Robbins – Simpson Thacher & Bartlett; Katherine Smith – Simpson Thacher & Bartlett; Yanru Tao – Simpson Thacher & Bartlett; David Whelan – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Strategic Partners ;