Sixth Street Forms SLE III

Cleary Gottlieb represented Sixth Street Partners (Sixth Street) in connection with the formation of Sixth Street Specialty Lending Europe III (SLE III), which held its final close on December 23, 2025.

SLE III closed at its hard cap, bringing the total equity commitments to €3.75 billion.

For more information, please see the press release.

The Cleary investment fund team included partners Liza Lenas and Mike James, and associates Calum McQuater and Leeke Melaku. Partner Susanna Parker and associate Julia Huang advised on tax matters. Partner Liz Dyer and associates Eitan Agagi, Chris Ten Eyck, and John Greenberg advised on ERISA matters. Partner Amy Shapiro and Anna Kogan, associates Nick Richards and Eric Olson, and fund finance attorney Olayemi Oladepo advised on financing matters. Senior Counsel Robin Bergen and partner Amber Phillips advised on Advisers Act matters. Counsel Elizabeth Chang advised on Blue Sky matters. Partners Chase Kaniecki and Samuel Chang, and associate Ryan Brown advised on CFIUS matters. Partner Michael Sanders advised on AML matters. Associate Charles Wang advised on CFTC matters. Partner Ferdisha Snagg and associates George Bumpus and Noah D’Aeth advised on AIFMD matters, with assistance from trainee solicitor Jotham Ng. Partners Hugh Conroy and Lauren Semrad advised on BHC Act matters. Consulting attorney for data protection Hakki Can Yildiz advised on data protection matters. Partner Macey Levington and associates Ava Kazerouni and Will Ervin advised on matters related to the fund’s rated note feeder structure. Senior corporate staff attorneys Kevin Longo, Erin Murty, and Vilma Preta and tax attorney Christine Shin provided subscription document review assistance.