News & Events

The Firm represented Carlyle in connection with the formation and fundraising of its tenth U.S. real estate opportunity fund, Carlyle Realty Partners X (CRP X), which raised approximately $9 billion. CRP X will continue to target Carlyle Realty’s opportunistic U.S. real estate investment strategy, and is a successor fund to Carlyle Realty Partners IX (CRP IX) which raised close to $8 billion in commitments in 2021. Carlyle is a global investment firm with deep industry expertise that deploys...

Simpson Thacher advised Blackstone on its long-term strategic partnership with Legal & General (L&G). The partnership combines the strength of L&G and Blackstone’s respective credit platforms to enhance L&G’s competitive advantage in annuities and bolster its asset management proposition in key geographies and channels. L&G’s annuities business will leverage Blackstone’s private credit origination platform to access a pipeline of diversified investment-grade assets, predominantly from the U.S....

Simpson Thacher represented Arjun Infrastructure Partners (“Arjun”) on its acquisition of a 30% stake in a stabilised data centre portfolio (“StableCo”) operated by Data4, a leading European data centre operator. Supported by Arjun’s latest fund and co-investors, this transaction marks Arjun’s inaugural investment in the data centre sector. Other investors in StableCo include Brookfield, which acquired Data4 in 2023. StableCo is comprised of a portfolio of hyperscale data centres in Paris,...

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 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...