Painswick Capital Raises $1.5 Billion
Simpson Thacher advised Painswick Capital Management LP (“Painswick”) in the establishment and raising of Painswick Capital Fund I LP (the “Fund”) and related entities, with total commitments of approximately $1.5 billion. The Fund exceeded its initial target of $750 million and marks Painswick’s first-ever fund since its founding in 2024.
Painswick is an investment firm focused on high-performing management teams, companies, and sponsors within the single-asset continuation vehicle market.
The Simpson Thacher team included Michael Wolitzer, Catherine Kidd, Zachary Cracknell and Kelsey Strott (Funds).