Simpson Thacher represented SSG Capital Management Ltd. in the formation of its third Asia-Pacific special situations and distressed investments private equity fund, SSG Capital Partners III, L.P. (“Fund III”).  With $915 million in capital commitments, Fund III held its final closing on May 15, 2014. Fund III will focus on investments in China, India and Indonesia, in deep-value assets that are afflicted by dislocations in pricing and market liquidity.

The Simpson Thacher team representing SSG included Phil Culhane, David Azcue and Amanda McGovern (Asia Private Funds); Katharine Moir and Noah Metz (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).