The Firm represented Platinum Equity in connection with the formation and fundraising of Platinum Equity Small Cap Fund II, L.P. (Small Cap II), its latest fund focused on investment opportunities in the lower middle market. The fund exceeded its target size of $1.75 billion and closed with $2.28 billion in commitments. Small Cap II marked Platinum Equity's second successful capital raise in back-to-back years. The flagship Platinum Equity Capital Partners VI closed in 2024 with $12.4 billion in capital commitments.
Platinum Equity is a global investment firm with more than $50 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world.
The Simpson Thacher team included Tom Wuchenich, Elliott Im, Ronita Khakshoor, Jessica Buchman, Joshua Opila, Judy Hu, Jason Cernius, Keon Dadbeh, Victoria Lepesant, Stephen Abrahms, Justin Auh and Audra Gibbs (Funds); Andrew Purcell, Brian Mendick and Tova Pfeffer (Tax); Jeanne Annarumma (ERISA); and Jennifer Levitt, John Graham and William Foy (Credit).