Simpson Thacher is representing affiliates of The Carlyle Group in connection with their acquisition of The TCW Group, Inc. (“TCW”) from Société Générale. Founded in 1971, TCW is a Los Angeles-based diversified asset management firm offering U.S. equities and fixed income, international and alternative strategies, with approximately $130 billion under management. The transaction is subject to customary closing conditions and is expected to close in the first quarter of 2013. Financial terms were not disclosed.
The Simpson Thacher team includes Lee Meyerson, Elizabeth Cooper, Ravi Agarwal, Nicole Tague, Amy Ward and Nirav Mehta (M&A); Andrea Wahlquist, Alvin Brown, Jeannine McSweeney (Employee Benefits); Jon Creed, Jonathan Goldstein, Jodi Sackel (Tax); Barrie Covit, Rob Emerson, Sarah Conde (Funds); Sarah Cogan (Investment Management); Christopher Brown, Eli Isak, Joseph Ronca (Financing); and Michael Naughton, Ellen Frye (Antitrust).
