Simpson Thacher Advised on the Successful Closing of MML Dorchester SCSp
Simpson Thacher advised MML Capital in connection with the successful closing of MML Dorchester SCSp, a new continuation vehicle capitalised with over €630 million of investor commitments that has been established to acquire interests in two leading European business services companies currently held across prior MML Partnership Capital funds, alongside stakes held by other shareholders.
MML Dorchester SCSp, which closed significantly oversubscribed, was underwritten by HarbourVest Partners as Senior Lead Investor and StepStone Group as Co-Lead Investor, with additional commitments from a number of existing and new investors.
The Simpson Thacher team included Ed Ford, Sacha Gofton-Salmond and James Ravden (Secondaries); and Katie McMenamin (Fund Finance).