Seven Seas Advisors Closes Second Japanese Real Estate Fund at ¥32 Billion
Simpson Thacher advised Seven Seas Advisors Co., Ltd. (“SSA”) in connection with the formation of Seven Seas Japan Opportunity Fund II (“SSJOF II”), with aggregate capital commitments of ¥32 billion. SSJOF II is structured as a “GK-TK” (godo kaisha-tokumei kumiai) arrangement and will focus on value-add/opportunistic real estate investments in Japan. SSA is a leading real estate-focused private equity advisor in Japan.
The Simpson Thacher team included David Azcue, Adam Furber, Jingyi Wang, Mai Kristofferson, Jean-Baptiste Rioual and Li Jiang (Asia—Private Funds); Nancy Mehlman, Jodi Schneider and Adam Hersch (Tax); Makiko Harunari and Atsushi Usui (Credit); Rony Rothken (New York – Private Funds); and Jeanne Annarumma (ERISA).