Simpson Thacher Hires Real Estate Private Equity Partner Angus Lennox

Simpson Thacher Hires Real Estate Private Equity Partner Angus Lennox

Simpson Thacher & Bartlett LLP has hired Angus Lennox to join the Firm’s London office as a Partner from its longtime client Blackstone to strengthen its real estate offering.

In addition to this, the firm also announced that Jennifer Albrecht has rejoined as a Partner in the alternative capital and private credit practice in New York from SVB Capital, where she was deputy general counsel. Earlier she was vice president, senior counsel for Goldman Sachs’ merchant banking division and at Simpson Thacher will focus on advising direct lenders, investment banks and corporate borrowers in financing matters.

Angus has more than 15 years of experience, most recently at Blackstone, where he is a Managing Director in the firm’s European real estate business, focusing on acquisitions, disposals and joint ventures. Prior to that, Angus worked at Freshfields Bruckhaus Deringer LLP.

Alden Millard, Chair of Simpson Thacher’s Executive Committee said, “Angus has deep expertise in the real estate private equity market across jurisdictions and is well known for providing creative and commercial advice on complex real estate deals. We are very pleased to welcome Angus to Simpson Thacher.”

London office Managing Partner Jason Glover added, “Simpson Thacher’s London Real Estate team is a market leader, advising on some of the sector’s most challenging and impactful deals. The addition of Angus will further bolster our ability to continue to guide clients on their significant real estate matters.”

Farhad Karim, Chief Operating Officer of Blackstone Europe and the Global General Counsel of Blackstone Real Estate, added, “We would like to thank Angus for the invaluable contribution he has made to Blackstone over the past few years. We wish him every success and look forward to continuing to work with him in his new role.”

Angus expressed his delight by commenting, “The team at Blackstone is unparalleled, and I am honored to have spent many years working with this incredibly talented group of investment professionals and lawyers,” said Angus. I am excited to begin the next chapter of my career at Simpson Thacher, a firm with an excellent reputation and track record, and I look forward to joining this exceptional team.”

The firm’s real estate team has around 35 lawyers in London, including partners Edward Hampson, Tom Lloyd and Wheatly MacNamara, all of whom advised Blackstone in Europe, last year advising it on the $24-billion recapitalization of Mileway, the biggest operator of urban warehouses in Europe, marking one of the largest private real estate transactions ever.

The team has advised Blackstone on a number of other major deals in Europe including its 30-billion-euro acquisition of a majority stake in Banco Popular S.A.’s real estate asset portfolio; other clients include KKR and Round Hill Capital.

Clients turn to Simpson Thacher’s Real Estate Practice for advice on their most complex and significant real estate matters, spanning all areas of the industry, including mergers and acquisitions of both public and private real estate companies, sales and acquisitions of portfolios and individual assets, financings, debt acquisitions, real estate development, joint ventures, debt restructurings and workouts, and recapitalizations.