Spin Out of PJT Partners Inc.

Walkers' Cayman Islands office advised Blackstone in respect of the spin-out of its financial and strategic advisory services, restructuring and reorganization advisory services and Park Hill Group businesses and their combination with PJT Capital LP, a financial advisory firm, to form the NYSE listed PJT Partners Inc.

The Walkers team that advised on corporate and management equityholder aspects of the deal was led by Caroline Williams (Partner) and included Bicrom Das (Associate).

Completion occurred in October 2015.