In a recent release, Simpson Thacher & Bartlett touted that it acted as counsel on four of 2018′s five biggest fund closings by deal value. The clients in these deals include some of the most prestigious names in private equity. Simpson Thacher advised on Carlyle Partners VII, which closed with $18.5 billion in commitments, Hellman & Friedman Capital Partners IX ($16 billion), EQT VIII ($12.3 billion), and BC European Capital X ($8 billion).

On the basis of this record, Michael Wolitzer, a Simpson Thacher partner, calls 2018 “another blockbuster year for the firm’s global private funds practice,” adding that the law firm is the “go-to advisor” for private equity firms on their most complex matters.