Simpson Thacher Represents Northwood in Raising $825 Million of Additional Capital for Evergreen Real Estate Private Equity Fund

Simpson Thacher represented Northwood Investors LLC (“Northwood”) in its fourth offering of interests in Northwood Real Estate Partners LP and its related funds, which are private equity funds focused on investing in a wide range of real estate assets worldwide.  The funds closed on approximately $825 million of capital commitments during a 90-day period that ended in December 2013, bringing total capital commitments raised to approximately $3.6 billion.  The funds’ capital commitments may grow over time as the result of a unique Evergreen feature that allows the funds to reinvest investment proceeds, subject to certain limitations.

The Simpson Thacher team representing Northwood in connection with this fundraising included Barrie Covit, Bryan McGee, Emily Ho and Townshine Wu (Corporate); Jeanne Annarumma (Executive Compensation and Employee Benefits); and Marcy Geller and Adam Wells (Tax).

 

Lawyers:
• Jeanne M. Annarumma
• Barrie B. Covit
• Marcy G. Geller
• Emily T. Ho
• Bryan K. McGee
• Adam Wells
• Townshine Wu

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