News & Events

Simpson Thacher advised Blackstone Digital Infrastructure Trust Inc. (“BXDC”) on its initial public offering, which raised total gross proceeds of $1.75 billion. In addition to being the largest blind pool REIT IPO on record, BXDC’s offering is the third largest REIT IPO of all time. A total of 87,500,000 shares of common stock were sold in the offering at a public offering price of $20.00 per share. BXDC also granted the underwriters a 30-day option to purchase additional shares. If the option...

Simpson Thacher is representing Sony Music Publishing in its acquisition of the complete music rights portfolio of Recognition Music Group from funds managed by Blackstone.  The deal is in partnership with the investment venture announced earlier this year between GIC and Sony Music Group, on which Simpson Thacher also advised, focused on acquiring and growing high‑quality music catalog assets across genres and international markets. The transaction will see Sony Music Group acquire...

The Firm represented Blackstone in connection with the financing of Related Digital’s $16 billion data center campus in Saline Township, Michigan, purpose-built for Oracle. The financing includes equity from Related Digital and funds affiliated with Blackstone, and fixed-rate, long term debt financing anchored by PIMCO-managed funds and accounts. The Saline Township campus — known as “The Barn” for the historic red barn preserved at the project’s entrance along Michigan Avenue — comprises three...

Simpson Thacher secured a summary judgment victory for M&T Bank Corporation in the U.S. District Court for the District of Delaware in litigation arising from M&T’s $3.7 billion merger with Hudson City Bancorp Inc. The suit, filed by former Hudson City shareholders in 2015, alleged that proxy materials related to the merger contained misstatements and omissions regarding regulatory challenges. In its decision granting Defendants’ motion for summary judgment, the Court held that Plaintiffs...

Expansion Marks Strategic Development in Central Hub for Global Investors  Ian Ho and Tony King Named Co‑Heads of Asia Private Equity Practice     Partners Theodore Heng and Carolyn Wong to Join Singapore Office New York and Singapore—April 2, 2026—Simpson Thacher & Bartlett LLP today announced plans to open an office in Singapore with Ian Ho and Tony King named Co-Heads of the Firm’s Asia Private Equity Practice, reflecting their leadership roles and recognized strength in advising...

Simpson Thacher represented Triton Partners in connection with the formation and raising of its sixth flagship mid-market fund “Triton 6” on target at €5.5 billion. Triton 6 is the largest fund to date for Triton. Triton 6 has raised capital from new and existing investors globally, underscoring the continued confidence of Limited Partners in Triton’s European mid-market strategy. Triton 6 is the latest fund in Triton’s Mid-Market buyout (TMM) strategy and will focus on industrial technology,...

Simpson Thacher is representing affiliates of EQT Infrastructure VI in connection with the announced definitive agreement for a consortium led by Global Infrastructure Partners and EQT, along with co-underwriters California Public Employees’ Retirement System and Qatar Investment Authority, to acquire The AES Corporation for $15.00 per share, representing a total equity value of $10.7 billion and an enterprise value of approximately $33.4 billion, including the assumption of existing debt. The...