BlackRock LTPC’s Investment in Authentic Brands Group


Simpson Thacher represented entities affiliated with BlackRock’s Long Term Private Capital (“LTPC”) strategy in its first investment, a strategic investment in Authentic Brands Group LLC (“ABG”), owner of a portfolio of iconic and world-renowned brands.

LTPC became the largest investor in ABG and joined existing ABG investors, including founding investor Leonard Green & Partners, General Atlantic, Lion Capital, Simon Property Group, Brookfield Properties’ retail group and Shaquille O’Neal.

Authentic Brands Group (ABG) is a brand development, marketing and entertainment company, which owns a portfolio of global media, entertainment and lifestyle brands.

The Simpson Thacher team included Chris May (Picture), Katie Sudol, Kyle Kreshover and Dylan Benac (Corporate); Andrew Blau and Monisha Bhayana (ECEB); Lori Lesser, Marcela Robledo and Melanie Jolson (Intellectual Property); Marcy Geller and Tyler Robbins (Tax); Jennifer Levitt and Mimi Cheng (Credit); and Barrie Covit and Jordan Cross (Funds).

Involved fees earner: Dylan Benac – Simpson Thacher & Bartlett; Monisha Bhayana – Simpson Thacher & Bartlett; Andrew Blau – Simpson Thacher & Bartlett; Mimi Cheng – Simpson Thacher & Bartlett; Barrie Covit – Simpson Thacher & Bartlett; Jordan Cross – Simpson Thacher & Bartlett; Marcy Geller – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Kathryn King Sudol – Simpson Thacher & Bartlett; Kyle Kreshover – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Jennifer Levitt – Simpson Thacher & Bartlett; Christopher May – Simpson Thacher & Bartlett; Tyler Robbins – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: BlackRock;

Author: Ambrogio Visconti