Simpson Thacher represented Blackstone in the establishment of its ninth global opportunistic real estate fund, Blackstone Real Estate Partners IX L.P. (“BREP IX”). Blackstone has announced that BREP IX closed with a record $20.5 billion in capital commitments, making it the largest real estate fund ever raised.
The Simpson Thacher team included Jonathan Karen, Michael Wolitzer, Peter Vassilev, Rony Rothken, Jordan Cross, Drew Harmon, Michael Milano, May Mansour, Peter A. Thomas, Jacob Millikin, Julia Kerr, HongDa Wang, Justin Thekkekara, John Myers, Devin Ralston and Susan Czaikowski (Funds); Brian Robbins and Jeanne Annarumma (ERISA); Nancy Mehlman, Jodi Schneider and Caroline Phillips (Tax); and Jennifer Levitt and Alexandra Joseph (Credit).