News & Events

Simpson Thacher has represented funds managed by DigitalBridge Group, Inc. (“DigitalBridge”) on the formation of a joint venture with La Caisse (formerly CDPQ) for their joint acquisition of Yondr Group, a global developer, owner, and operator of hyperscale data centers. La Caisse is investing alongside DigitalBridge-managed investment vehicles and has assumed joint control of Yondr. The Simpson Thacher team included Gabriel Silva, Gabriela Astolphi, Samyel Lee and Carolina Vieira (M&A); Parker...

Simpson Thacher & Bartlett LLP today announced the elevation of two of its leaders to newly created roles: Elizabeth Cooper to the role of Global Head of Private Equity and Rajib Chanda to the role of Global Head of Asset Management. “Our clients are increasingly pursuing growth across multiple asset classes and geographies. They need partners who can deliver holistic, high-impact solutions,” said Alden Millard, Chair of Simpson Thacher’s Executive Committee. “Simpson Thacher is recognized...

Simpson Thacher & Bartlett LLP today announced that Barrie Covit and Jonathan Karen have been named as Co-Heads of the Firm’s Investment Funds Practice. They succeed highly distinguished funds lawyer Michael Wolitzer, who will transition to Chair of Funds and Funds Adjacencies. Michael led the practice for nearly a decade, during a period of sustained, market-outpacing growth. “Barrie and Jonathan are among the world’s most respected funds lawyers, advising sophisticated sponsors on the...

Simpson Thacher advised Ares Management Corporation (“Ares”), a leading global alternative investment manager, on the launch of its first European Long-Term Investment Fund (“ELTIF”), AESIF ELTIF, a semi-liquid perpetual direct lending fund that will provide individual investors in the European Economic Area with expanded access to Ares’ leading European Direct Lending strategy. AESIF ELTIF is the latest offering through Ares’ European wealth channel and is its first under the updated ELTIF...

Simpson Thacher represented WW International, Inc. (“WeightWatchers” or the “Company”) in connection with its pre-packaged chapter 11 plan of reorganization, which received approval from the United States Bankruptcy Court for the District of Delaware on June 17, 2025. On June 24, 2025, the Company exited the court-supervised financial reorganization process. The court-approved plan reduces WeightWatchers’ debt by approximately $1.15 billion, more than 70%, and significantly strengthens its...

On June 20, 2025, the Firm won a preliminary injunction in the U.S. District Court for the Western District of Tennessee in an employment dispute involving Frontdoor, Inc. and former employee Scott Kluver. Kluver, a senior field manager, resigned from Frontdoor to join First American Home Warranty Corporation (“First American”), a competitor, in direct violation of  his non-compete and confidentiality agreement. Frontdoor demonstrated that Kluver had access to its confidential business...

Simpson Thacher is representing Oakley Capital in its acquisition of a majority stake in G3, a leading global strategic advisory consultancy. The transaction marks Oakley Capital Fund VI’s first investment since closing at its €4.5 billion hard cap earlier this year. Headquartered in London and with offices in New York, Singapore and Tokyo, G3 provides reputational and strategic intelligence, dispute advice, and cyber consulting services to a blue-chip client base, including major private...