News & Events

Simpson Thacher represented DigitalBridge Group, Inc. in connection with the close of DigitalBridge Partners III, LP (“DBP III”), its third flagship value-added digital infrastructure fund, with over $7.2 billion in fund commitments and an additional $4.5 billion in fund LP co-investment commitments secured to date across the DBP III portfolio, bringing total capital formation for the strategy to $11.7 billion. DigitalBridge Group, Inc. is a leading global alternative asset manager dedicated to...

On November 17, 2025, Simpson Thacher won an appellate victory for Factory Mutual Insurance Company, securing a decision from the Ninth Circuit affirming summary judgment for Factory Mutual in a coverage dispute against the Sacramento Kings NBA franchise. The Kings sought coverage under an $850 million property insurance and business interruption policy for purported business losses stemming from the COVID-19 pandemic. In affirming the district court’s entry of summary judgment for Factory...

Simpson Thacher is advising the direct lenders in connection with Thoma Bravo’s announced strategic partnership with 7RIDGE and investment in Trading Technologies, Inc., a global capital markets technology platform services provider. Thoma Bravo is one of the largest software-focused investors in the world, with over $181 billion in assets under management as of June 30, 2025. Through its private equity and credit strategies, the firm invests in growth-oriented, innovative companies operating...

Simpson Thacher represented Blackstone Real Estate Debt Strategies in connection with a newly formed partnership with Pluto Finance to provide financing solutions to real estate owners and developers across the UK and continental Europe. The partnership will focus on both development and investment loans and will target a variety of asset classes, including logistics, rental and for-sale housing, purpose-built student accommodation and co-living, ranging between £25 million and £100 million in...

Simpson Thacher is representing Hamilton Lane in connection with its formation of an innovative, long-term strategic partnership with The Guardian Life Insurance Company of America (“Guardian”). Through this partnership, Hamilton Lane will manage Guardian's existing private equity portfolio of nearly $5 billion. Guardian will also commit to invest approximately $500 million per year in private equity for the next 10 years through Hamilton Lane. This will include $250 million in seed capital for...

Simpson Thacher represented Arlington Capital Partners in connection with the formation and fundraising of Arlington Capital Partners VII ("ACP VII"), with capital commitments totaling $6.0 billion. ACP VII was significantly oversubscribed, reaching its hard cap in less than five months and surpassing its $4.75 billion target. Arlington Capital Partners is a Washington, D.C. area private investment firm specializing in government-regulated industries. ACP VII will continue Arlington Capital...

Simpson Thacher is advising KKR in connection with its acquisition, with Canada Pension Plan Investment Board, of a 45% equity interest in Sempra Infrastructure Partners, one of North America’s leading energy infrastructure platforms.  Upon closing, a KKR-led consortium will become the majority owner of Sempra Infrastructure Partners, holding a 65% equity stake. The transaction implies an equity value of $22.2 billion and an enterprise value of $31.7 billion for Sempra Infrastructure...