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Simpson Thacher and HSF target Luxembourg in private equity push

Financial Times LogoFinancial Times14h ago

Simpson Thacher and HSF target Luxembourg in private equity push - Financial Times

Quick Summary:

Blackstone has raised $6bn for a private equity fund tailored to wealthy individual clients as it looks to reach beyond its institutional base.

Simpson Thacher’s prominent private funds practice has advised on some of the largest recent fundraisings, including those by Blackstone, CVC and EQT.

US law firm Simpson Thacher has hired three funds partners from “magic circle” rivals A&O Shearman and Clifford Chance to start its office, while London-headquartered HSF has also hired two lawyers from A&O Shearman and a partner from Maples & Calder.


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Article Details

Author / Journalist: Suzi Ring

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 00:01:37 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 648 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23899775

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 8 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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Publisher ID: #3

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