Simpson Thacher & Bartlett LLP today announced that Brian Parness, Simon Saitowitz, Andrew Nichol, Corey Dietrich and Alexander Miachika have joined, and that Charles Cooper-Isow will join, the Firm as Partners, further expanding capabilities across asset management M&A, GP-stakes transactions, secondaries and other strategic sponsor transactions. Brian will lead the Firm’s Sponsor Transactions and Advisory Practice, a multidisciplinary team that encompasses the full suite of asset manager-related transactions, including M&A, GP-stakes, strategic partnerships and secondary liquidity solutions.
“Simpson Thacher provides outstanding integrated, holistic support across asset manager transactions, investment funds and related sponsor advisory matters to our private equity sponsor and asset manager clients,” said Alden Millard, Chair of Simpson Thacher’s Executive Committee. “With deep expertise across these areas, Brian, Simon, Andrew, Corey, Alexander and Charles add significant firepower to our exceptional bench.”
“The market for strategic transactions involving alternative asset managers has become one of the most dynamic areas of private capital,” said Elizabeth Cooper, Global Head of Private Equity at Simpson Thacher. “Asset manager consolidation, the maturity of the GP-stakes market and the continued demand for sophisticated liquidity solutions are creating transformative opportunities for private equity sponsors and asset managers.”
“The funds landscape continues to evolve. In tandem with Stephanie Srulowitz’s recent joining, the addition of this New York–London team brings the sector knowledge, market relationships and execution experience clients need as these transactions become more complex, global and interconnected across transaction types and jurisdictions,” said Michael Wolitzer, Chair of Funds and Funds Adjacencies at Simpson Thacher.
“Simpson Thacher has built one of the world’s premier platforms for advising private equity sponsors and asset managers on their most important strategic transactions and fund-related matters,” said Brian. “The Firm’s strength across M&A, investment funds and transactions, registered funds, insurance, tax and executive compensation creates a powerful foundation for a seamless Sponsor Transactions and Advisory Practice. I am excited to further expand these capabilities with best-in-class colleagues in New York, London and across the Firm.”
Brian, Simon, Andrew, Corey, Alexander and Charles bring extensive experience advising the world’s leading asset managers, private equity sponsors and institutional investors on the strategic transactions and advisory matters that shape alternative asset management businesses, including GP-stakes transactions, GP-led secondary transactions, continuation fund vehicles, seed and strategic investments, succession planning, platform investments and governance structuring. The team regularly represents both buy-side and sell-side participants in complex transactions involving alternative asset management firms across strategies, geographies and asset classes. The team has been recognized by leading industry and legal publications, including Chambers, The Legal 500, Law360 and Secondaries Investor, for their work across asset management M&A, private equity and secondaries.
Drawing on its leading private equity, M&A, investment funds, fund transactions, tax, executive compensation, regulatory and financing capabilities, Simpson Thacher serves many of the world’s most sophisticated private equity sponsors and asset managers. The Firm’s Sponsor Transactions and Advisory Practice provides complementary capabilities across the Firm to deliver coordinated advice on GP-stakes sales and acquisitions, secondary transactions, continuation fund vehicles, strategic M&A, governance and succession planning, and platform investments.
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