Simpson Thacher represented GSO Capital Partners LP (“GSO”), the credit division of The Blackstone Group L.P. (NYSE: BX), in the establishment of its second “capital solutions” fund, GSO Capital Solutions Fund II LP (“GSO CSF II”). GSO CSF II raised $5 billion of total capital commitments and will focus primarily on providing “rescue financing” to distressed companies primarily in North America and Western Europe.
The Simpson Thacher team representing GSO included Michael Wolitzer, Jason Herman, Shannon O’Sullivan, Robert Emerson, Daniel Daneshrad, Jeemin Chung, Jocelyn Campanaro, Townshine Wu, Kyle Scherer, Matthew Tappin and Matthew Kopko (Corporate); Nancy Mehlman and Andrew Purcell (Tax); Jeanne Annarumma (Executive Compensation and Employee Benefits); and Andrew Pagliughi (Blue Sky). Summer Associates Kyle Brett and Eva Kang provided invaluable assistance as well.
