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Sixth Street and Michael Dell Join San Antonio Spurs Investor Group as Strategic Partners

06.28.21

Simpson Thacher is representing Sixth Street, as co-counsel, in connection with its joining the San Antonio Spurs investor group as a Strategic Partner, along with Michael Dell. At the same time, Peter J. Holt has been elevated to Managing Partner. Both moves were approved by the NBA Board of Governors.

Sixth Street manages over $50 billion in assets and operates from nine offices around the world. Sixth Street’s investing approach is built around using its long-term, flexible capital base, cross-platform team culture, and data-enabled capabilities to offer solutions to companies across all stages of growth.

The Simpson Thacher team includes Eric Swedenburg (M&A), who has led other NBA-related transactions together with Jakob Rendtorff, Patrick Ryan and others.