Simpson Thacher represented The Blackstone Group L.P. (“Blackstone”) in the establishment of its seventh global opportunistic real estate fund, Blackstone Real Estate Partners VII L.P. (“BREP VII”). Blackstone has announced that BREP VII raised approximately $13.3 billion of total commitments from more than 250 investors globally and that BREP VII is the largest opportunistic real estate private equity fund ever raised.
The Simpson Thacher team representing Blackstone included Michael Wolitzer, Jonathan Karen, Shannon O’Sullivan, Sarah Conde, Lulu Liu, Jeemin Chung, Steven Homan, Josephine Djekovic, James Hays, Eva-Maria Aronovitch, Preeta Paragash and Ken Shin (Corporate); Jeanne Annarumma, Sean Lewis and Eric Wolf (ERISA); Nancy Mehlman and Jonathan Talansky (Tax).