Practice areas

We act for sponsors and managers setting up closed-ended private funds.

• Structuring the fund, including parallel and feeder vehicles
• Limited partnership agreements, private placement memoranda and subscription documents
• Side letters and investor negotiations
• Carried interest and management arrangements for the sponsor
• Fund closings and post-closing matters

Many Asian funds and holding structures use Cayman Islands or British Virgin Islands vehicles. We structure and coordinate this work, with offshore counsel advising on offshore law.

• Cayman Islands exempted limited partnerships and BVI companies within fund and holding structures
• Special purpose vehicles for investments and co-investments
• Coordinating offshore counsel, administrators and auditors

We help fund managers and investment businesses with Hong Kong regulatory questions.

• Licensing questions for fund managers under the Securities and Futures Ordinance
• Ongoing compliance questions for asset managers

We structure investments that connect Hong Kong with Mainland China, Japan and other markets in the region.

• Investment holding structures
• Co-investment and club deal arrangements
• Bilingual documentation in English and Chinese