Simpson Thacher is advising Edelman Financial Engines in connection with the announced strategic investment from Warburg Pincus, a leading global private equity firm, which will become a minority equity owner. Hellman & Friedman will remain the majority shareholder. The terms of the transaction were not disclosed.
Edelman Financial Engines is the nation’s leading independent financial planning and investment advisor, entrusted by more than 1.2 million clients to manage more than $260 billion in assets.
The Simpson Thacher team includes Atif Azher, Katherine Krause, Usman Arain, Megan Whitman and David Wuchenich (M&A); Brian Steinhardt and Patrick Wolff (Credit); Russell Light, Tyler Robbins and Scott Grundei (Tax); David Rubinsky and Joo Hyun Lee (ECEB); Lori Lesser and Amber Harezlak (Intellectual Property); David Blass and Meredith Abrams (Regulatory); Sara Razi, Kelly Karapetyan, Preston Miller, John Goheen and Tomi Mendel (Antitrust); and Mick Tuesley and Claire DiMario (CFIUS).