Jason Herman is a Corporate Partner focusing on the organization, structuring and operation of a wide range of private credit funds as well as advising sponsors across a range of strategies on other aspects of asset management. Jason’s fund formation experience includes, credit funds (including direct lending, distressed, mezzanine, asset based finance, structured credit and other credit opportunity funds); investment vehicles and accounts tailored for insurance solutions strategies; real estate funds (including opportunistic and core+ funds); infrastructure and climate solutions funds; and buyout funds. In addition to traditional private equity fundraising initiatives, Jason regularly advises sponsors with respect to customized fund arrangements, co-investment vehicles, and carry plans and other internal arrangements. He routinely represents leading domestic and international sponsors in diverse fund formation matters, including KKR, Blackstone, Morgan Stanley, BGO, J.P. Morgan, CBRE, Affinius Capital, a16z, ACORE Capital, Jefferies Credit Partners, Hercules Capital, Lord Abbett and Sagard. Chambers has cited him as “an incredibly strong service provider,” with a gift for approaching issues “with a great sense of practicality.”
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Work Highlights
- Blackstone in the formation of the inaugural series of its evergreen institutional U.S. direct lending fund, Blackstone Senior Direct Lending Fund (“BXD”) which closed on approximately $22 billion of investable capital for the inaugural series of BXD and related vehicles
- Blackstone Credit and Insurance in the formation of the $7 billion GSO Capital Solutions Fund III and prior funds, the approximately €1.1 billion Blackstone European Senior Debt Fund III, the approximately €4.1 billion GSO European Senior Debt Fund II, the approximately €2.0 billion GSO European Senior Debt Fund I, GSO Euro Loan Fund 2018 FCP-RAIF, and GSO Churchill Partners I and II
- KKR Credit in multiple fundraisings, including KKR Mezzanine Partners I and KKR Private Credit Opportunities Partners II
- KKR Real Estate in multiple fundraisings, including KKR Opportunistic Real Estate Credit Fund I and II, KKR Real Estate Credit Opportunity Partners I and II, the $4.3 billion KKR Real Estate Partners Americas III and prior funds, the $2.2 billion KKR Real Estate Partners Europe II and prior fund, the $1.7 billion KKR Asia Real Estate Partners and KKR Real Estate Finance Inc.
- Square Mile (now Affinius Capital) in its fundraisings, including Square Mile Credit Partners, Square Mile Core Credit Partners, Square Mile Tactical Partners II, Square Mile Partners VII and prior funds
- Carlyle in multiple fundraisings, including Carlyle Partners IV and Carlyle Japan Partners II
- CBRE on fundraising for CBRE U.S. Core Partners and CBRE Core Credit Partners
- ACORE on fundraising for its performing real estate credit strategies
- BentalGreenOak on the establishment of its Lending Partners II and U.S. Core Plus funds
- J.P. Morgan on ongoing advice relating to its Strategic Properties Fund and its Private Credit SMAs
- Morgan Stanley in the formation of North Haven Real Estate Fund X and prior funds, North Haven Tactical Value Fund, North Haven Infrastructure Partners IV and the prior fund, Prime Property Fund Asia and Prime Property Fund Europe
- Apax in the establishment of Apax VIII, IX and X
Education
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Harvard Law School, 2001 J.D.
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University of Michigan, 1997 B.A.
with highest distinction; Phi Beta Kappa
Admissions
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New York 2002
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New Jersey 2001
Jason Herman is a Corporate Partner at Simpson Thacher & Bartlett LLP, where his practice focuses on the organization, structuring and operation of a wide range of private credit funds as well as advising sponsors across a range of strategies on other aspects of asset management. Jason’s fund formation experience includes, credit funds (including direct lending, distressed, mezzanine, asset based finance, structured credit and other credit opportunity funds); investment vehicles and accounts tailored for insurance solutions strategies; real estate funds (including opportunistic and core+ funds); infrastructure and climate solutions funds; and buyout funds. In addition to traditional private equity fundraising initiatives, Jason regularly advises sponsors with respect to customized fund arrangements, co-investment vehicles, and carry plans and other internal arrangements.
Jason routinely represents leading domestic and international sponsors in diverse fund formation matters, including KKR, Blackstone, Morgan Stanley, BGO, J.P. Morgan, CBRE, Affinius Capital, a16z, ACORE Capital, Jefferies Credit Partners, Hercules Capital, Lord Abbett and Sagard.
Recognized for his extensive knowledge of forming substantial private credit, buyout and real estate funds, Chambers cited him as “an incredibly strong service provider,” with a gift for approaching issues “with a great sense of practicality.” In addition, Chambers USA: America’s Leading Lawyers for Business 2013 selected Jason as an up-and-coming lawyer in private equity fund formation.
Jason received his J.D. from Harvard Law School in 2001. He received his B.A., with highest distinction, from the University of Michigan in 1997, where he was a member of Phi Beta Kappa.