Simpson Thacher represented Advantage Partners in the formation of the fifth Japan buyout fund series served by Advantage Partners. The final closing was held on April 30, 2017 at its hard cap with ¥60 billion in aggregate capital commitments.

The Simpson Thacher team consisted of Adam Furber, David Azcue, Chuan Liu and Zixuan Jiang (Asia Private Funds); Katharine Moir and Sarah Katz (Tax); Jeanne Annarumma (ERISA); Mark Chorazak (Volcker Matters); and Paul Dodd (AIFMD).