Hellman & Friedman’s $24.4 Billion Fundraising

Simpson Thacher advised Hellman & Friedman on the deal.

Hellman & Friedman announced its latest flagship fund, Hellman & Friedman Capital Partners X (“HFCP X”), which closed at $24.4 billion. This is the tenth fund for Hellman & Friedman and reported as the fourth largest fund to close since the global financial crisis as well as the largest fund to close in 2021 to date. HFCP X is focused on making large-scale equity-related investments primarily in the U.S. and Europe and is a leading investor in a number of sectors including software and technology, financial services, healthcare, consumer and retail, and other business services. With the closing of this fund, which was significantly oversubscribed and reached its hard cap, Hellman & Friedman has more than $80 billion in total assets under management and committed capital.

The Simpson Thacher team included Robert Guo (Picture), Linda Tieh, Thomas Wuchenich, Elliott Im, Geraldine Rothschild, Avi Herescu, Charmaine Tam, Tiffany Chu, Jessica O’Connell, Daniel Bogdan, Forrest Osgood, Chris Sun, Brittani Frink, Ziyou Zhu, Christine Dai, Sarah Abeson, Misha Checkovich, Gabriel Corwin, Melanie Kokhan, Mariella McCormack and Jackson Sullivan (Funds); Nancy Mehlman, Jacqueline Clinton, Suzy Yaster, Jasmine Hay and Scott Grundei (Tax); Jennifer Neilsson (ERISA); and Mary Touchstone and Jackie Yuan (Credit).

Involved fees earner: Sarah Abeson – Simpson Thacher & Bartlett; Daniel Bogdan – Simpson Thacher & Bartlett; Hoi Wan Charmaine Tam – Simpson Thacher & Bartlett; Misha Checkovich – Simpson Thacher & Bartlett; Tiffany Chu – Simpson Thacher & Bartlett; Jacqueline Clinton – Simpson Thacher & Bartlett; Gabriel Corwin – Simpson Thacher & Bartlett; Christine Dai – Simpson Thacher & Bartlett; Brittani Frink – Simpson Thacher & Bartlett; Scott Grundei – Simpson Thacher & Bartlett; Robert Guo – Simpson Thacher & Bartlett; Jasmine Hay – Simpson Thacher & Bartlett; Andrei Herescu – Simpson Thacher & Bartlett; Elliot Im – Simpson Thacher & Bartlett; Melanie Kokhan – Simpson Thacher & Bartlett; Mariella McCormack – Simpson Thacher & Bartlett; Nancy Mehlman – Simpson Thacher & Bartlett; Jennifer Neilsson – Simpson Thacher & Bartlett; Jessica O’Connell – Simpson Thacher & Bartlett; Forrest Osgood – Simpson Thacher & Bartlett; Geraldine Rothschild – Simpson Thacher & Bartlett; Christopher Sun – Simpson Thacher & Bartlett; Linda Tieh – Simpson Thacher & Bartlett; Mary Touchstone – Simpson Thacher & Bartlett; Thomas Wuchenich – Simpson Thacher & Bartlett; Susan Yaster – Simpson Thacher & Bartlett; Jacqueline Yuan – Simpson Thacher & Bartlett; Ziyou Zhu – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Hellman & Friedman;

Author: Martina Bellini