Blackstone Strategic Capital Holdings’ acquisition of a minority equity interest in PAG


Simpson Thacher represented Blackstone Strategic Capital Holdings in connection with its acquisition of a minority equity interest in PAG.

Terms of the transaction were not disclosed.

PAG, based in Hong Kong, is one of the largest independent alternative asset firms in Asia, with more than US$20 billion in capital under management in private equity, absolute return and real estate strategies.

The Blackstone Group L.P. is a global investment firm. The company, led by Stephen Allen Schwarzman, Hamilton Evans James and Jonathan D Gray, in 2017 recorded $7 Billion Revenues.

The Simpson Thacher team includes Maripat Alpuche (Picture), Matthew Rogers, Robert Meyer and Haley Garrett (M&A – NY); Tony King, Jonathan Hwang and Sonya Ho (M&A – HK); Rajib Chanda, Peter Gilman, Crystal Frierson, Christopher Healey, Beth Bates and Justin Thekkekara (Funds and Funds Compliance); Andrew Keller, Josh Bonnie, Will Golden and Benjamin Wells (Capital Markets); Gary Mandel, Drew Purcell and Brian Mendick (Tax); and Jamin Koslowe and Patricia Adams (Executive Compensation and Employee Benefits).

Involved fees earner: Maripat Alpuche – Simpson Thacher & Bartlett; Matthew Rogers – Simpson Thacher & Bartlett; Robert Meyer – Simpson Thacher & Bartlett; Haley Garrett – Simpson Thacher & Bartlett; Jonathan Hwang – Simpson Thacher & Bartlett; Anthony King – Simpson Thacher & Bartlett; Sonya Ho – Simpson Thacher & Bartlett; Rajib Chanda – Simpson Thacher & Bartlett; Peter Gilman – Simpson Thacher & Bartlett; Crystal Frierson – Simpson Thacher & Bartlett; Christopher Healey – Simpson Thacher & Bartlett; Bethany Bates – Simpson Thacher & Bartlett; Justin Thekkekara – Simpson Thacher & Bartlett; Andrew Keller – Simpson Thacher & Bartlett; Joshua Ford Bonnie – Simpson Thacher & Bartlett; William Golden – Simpson Thacher & Bartlett; Benjamin Wells – Simpson Thacher & Bartlett; Gary Mandel – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Brian Mendick – Simpson Thacher & Bartlett; Jamin Koslowe – Simpson Thacher & Bartlett; Patricia Adams – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Blackstone;

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Author: Ambrogio Visconti