Debevoise & Plimpton LLP advised GSO Capital Partners, the credit division of Blackstone (NYSE: BX), in connection with the formation of its third mezzanine fund, GSO Capital Opportunities Fund III, at its hard cap of $6.5 billion, making it one of the world’s largest mezzanine funds.

GSO Capital Partners LP is the global credit investment platform of Blackstone. With approximately $89 billion of assets under management, GSO is one of the largest alternative managers in the world focused on the leveraged-finance, or non-investment grade related, marketplace.

The Debevoise team was led by partner Erica Berthou and included partner Peter A. Furci and associates Michael Sabin, Sally Bergmann, Andrew B. Butler, Tarik A. Elhussein, Anat Holtzman, Brian Kenney, Alexandra Lustig-Elgrably, Michael J. Milazzo and Daniel Priest.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.