Simpson Thacher & Bartlett LLP

Simpson Thacher is representing BTG Pactual in connection with its proposed acquisition of M.Y. Safra Bank, FSB. The transaction is subject to customary closing conditions. BTG Pactual is the largest investment bank in Latin America and operates across several segments including Investment Banking, Corporate Lending and Business Banking, Sales and Trading, Wealth Management and Personal Banking and Asset Management. In the U.S. it currently provides asset management and broker dealer services to individual and institutional clients. At the end of March 2024, BTG Pactual managed more than USD 327.4 billion of assets for clients worldwide, with equity of USD 10.4 billion and total assets of USD 113.6 billion. M.Y. Safra is a Federal Savings Bank that is privately owned and headquartered in New York City, where it focuses on providing innovative products and solutions to personal, business and private banking clients, as well as lending in the commercial and residential real estate markets. Clients include high net worth individuals, family offices and businesses. The Simpson Thacher team includes Grenfel Calheiros, Ravi Purushotham, Malik Ladhani, Isaac Cattan and Doug Ogata (M&A); Lee Meyerson, Amanda Allexon, Spencer Sloan and James Fine (Bank Regulatory); Jeannine McSweeney, Laura Gallo and Mtume Sangiewa (Executive Compensation and Employee Benefits); Jonathan Goldstein and Adam Hersch (Tax); Lori Lesser, Corina Holland and Sarika Pandrangi (Intellectual Property); and Krista McManus (Real Estate).

Partner Meaghan Kelly was featured in a Global Investigations Review (GIR) article titled, “The 40 Under 40 in 2020: Where Are They Now,” which highlighted the recent successes of individuals who were named to the GIR 2020 “40 Under 40” list profiling leading young investigations specialists from around the world. Meaghan, who is a key member of the Firm’s Funds Regulatory and Investigations Practice and has carved out a unique niche advising private equity sponsors, hedge funds, venture capital funds, credit funds, infra funds, real estate funds and registered funds on a host of SEC regulatory matters, was recognized in the latest feature as being elevated to partner in 2021. Read More: https://lnkd.in/dcw3bEkg

Clare Gaskell was recognized for her work advising KKR on several market-shaping deals, including its recommended offer for Smart Metering Systems and its sale of a majority stake in A-Gas, among other achievements. Read more: https://lnkd.in/eAR4fjS4

The Firm is representing Blackstone in connection with its announced tender offer and subsequent related transactions to take Infocom Corporation (“Infocom”) private. Infocom, listed on the Tokyo Stock Exchange, is a leading provider of digital comics in Japan and its IT services business provides services to hospitals and other general corporations. Infocom’s Mecha Comic is one of Japan’s top providers of online comics and the market leader for Japanese women 30 years old and above. Blackstone commenced the tender offer on June 19, 2024. The Simpson Thacher team includes Anthony King, Sonya Ho and Tiffany Shih (M&A); Etienne Renaudeau and Pauline Patat (Antitrust); Shahpur Kabraji, Andrew Bechtel, Alvin Kwong and Chenyu Cui (Finance); Meredith Jones and Jenna Al-Malawi (Tax); and Steven Klar, Peter Thomas, Richard Zhang and Jean-Baptiste Rioual (Funds).  

As part of Simpson Thacher’s Urban Education Initiative, the New York office recently hosted 29 students in the ninth and tenth grades from New Visions Millennium High School. The students learned about different jobs within a law firm and participated in a moot court activity. Corporate Partner David Whelan gave welcome remarks. Read more: https://lnkd.in/gMZA4NEd

Attorneys and staff from Simpson Thacher’s London office recently participated in the 20th Annual London Legal Walk, a 10km walk from the Royal Courts of Justice around the major landmarks of London in support of free legal advice services in London and the South East. Our team joined 18,000 industry peers to make this year’s event the biggest in the history of The London Legal Support Trust. Read more: https://lnkd.in/eiNdEuuw

Simpson Thacher ranks among the top law firms advising on secondaries matters by total value and by number of transactions, according to Secondaries Investor. Read more: https://lnkd.in/esaUKVhx

Partners Martin Bell, Leah Malone and Linton Mann III authored an article titled, “What 11th Circ. Fearless Fund Ruling Means For DEI In Courts,’” which was published by Law360. The article discussed the Eleventh Circuit’s authorization of a preliminary injunction enjoining a program run by the Fearless Fund to provide grants to women of color building new companies and outlined notable findings from the decision. The article also identified several matters where other courts have dismissed similar claims, and suggested that certain modifications could bring similar grant programs into compliance.  Read more: https://lnkd.in/eertx-Ng

Simpson Thacher represented Indus Valley Partners (IVP) in connection with a strategic minority growth investment from PPC Enterprises (PPC), a middle-market private equity firm. Through this transaction, PPC will serve as IVP’s first strategic partner, supporting IVP’s organic growth and acquisition strategy and expanding IVP’s capabilities and addressable market. IVP is a leading global provider of software and technology solutions to investment managers. Headquartered in New York and Noida, India, IVP has over $4.2 trillion of AUM managed using its technology and over $1.6 trillion of AUM reported through its regulatory reporting platform. The Simpson Thacher team included Tim Gaffney, Sven Mickisch, Makala Kaupalolo, Lawrence Page, Michael Chen and Sebastian Edin (M&A); Larry Moss, Andrew Kofsky, Radhika Tahiliani and Mtume Sangiewa (Executive Compensation and Employee Benefits); Andrew Purcell, Andrew Mandelbaum, Shareef Salfity and Jiha Min (Tax); Ismael Duran and Christine Marshall (Credit); and Lori Lesser and Bobbie Burrows (IP).

Simpson Thacher represented Royal Bank of Canada, as administrative agent and lender under an $855 million pre-petition credit facility, in connection with the bankruptcy cases of Thrasio Holdings, Inc. and its affiliated debtors in the United States Bankruptcy Court for the District of New Jersey. Thrasio’s chapter 11 restructuring went effective on June 18, 2024, after the Bankruptcy Court confirmed the Company’s plan of reorganization at the June 10, 2024 confirmation hearing. The plan of reorganization provided the lenders under the pre-petition Thrasio credit facility with take-back debt, equity in the reorganized debtors and interests in a litigation trust established to pursue causes of action and all claims not released under the plan. Thrasio is a next-generation consumer goods company committed to offering superior products that enhance everyday life. The Simpson Thacher team included Nicholas Baker, Soogy Lee, Phil DiDonato, Amy Zhou and Sean Lee (Restructuring); Jonathan Pall and Matthew Farrell (Credit); Patrick Naughton, Michael Chen and Robert Hausen (M&A); and Courtney Welshimer and Paige Brinton (Intellectual Property).