The Legal 500 > Asia Pacific > China > Investment funds: PRC firms

Fangda Partners has a strong client offering and services a wide client base from first-time funds and independent boutiques, to institutionally sponsored private equity businesses and multi-strategy alternative asset firms. Other key clients include sovereign wealth funds, local government-sponsored funds, and family offices. The team regularly structures, negotiates, and documents a broad range of investment fund products such as hedge funds, private equity funds, venture capital funds, all in both RMB and USD. Practice head Richard Guo and Zhen Chen continue to maintain a strong presence. Chen is praised for her 'insightful knowledge and practical solutions'. Flora Qian and Candy Tang are also noted and both specialise in private equity fund formation.

Han Kun Law Offices has a sizeable investment funds practice and possesses a strong client offering, advising on both RMB funds and offshore funds matters. The practice has a wide breadth of expertise in venture capital funds and has also been involved in a significant number of private equity funds. Key clients include CITIC PE, CICC Capital, and Tencent. The main focus is on fund formation, however, the team also advises domestic and international institutional investors on regulatory, tax, and business structure matters. Practice head Daisy Qi specialises in fund formation and operation and handles funds such as hedge funds and venture capital funds. Lu Ran and Lin ZHOU are also noted.

Zhong Lun Law Firm has an 'in-depth understanding of market conditions' and displays particular expertise in private equity. The practice covers a broad range of services including fund formation, fundraising, investments, project management and fund exits. The team regularly handles both domestic RMB funds and off-shore USD funds. The firm's key clients include CICC, CITICPE, Yueyin Capital and more. Practice head Catherine Chen has been particularly active and co-heads the practice alongside Lefan Gong and Jiyong Feng. Zhong Zhang is also noted. Recent changes to the team include the arrival of Ping Zhang from Han Kun Law Offices and the internal promotion of Shi Yi.

Global Law Office has expertise in a range of funds from private equity, venture capital, private funds of funds to sovereign wealth funds. The practice has strong industry knowledge including pharmaceutical and healthcare, life sciences, medical care, telecommunications, new energy and semiconductors. Key areas of work include advising on the formation, fundraising, management, investment and exit phases of private equity funds. Amy Dai has a strong background in fund formation, M&A, PE and VC funds, and outbound investments. Yuan Yuan is also noted and advises key players in the domestic private equity market.

Jingtian & Gongcheng advises funds in a broad range of sectors including real estate, film and tv, energy and mining. The practice advises insurance companies, asset and wealth management firms, government guidance funds, fund of funds, domestic and overseas public companies. The firm has a strong client base including the likes of Sequoia Capital, Zhen Fund, Huatai Securities. Specialist James Wang heads the practice and represents a wide range of domestic and international funds. Bangwei Xu and Pengfei Xu are also noted.

JunHe LLP advises institutional LP investors, primarily fund of funds, government investment funds, and insurance companies. Practice head Xiyong Zhao has a strong background in investment fund formations and receives instructions from a range of leading clients including private equity and venture capital funds, financial institutions and government entities. Wang Man is also noted and represents clients such as Hillhouse, CICC Capital, and China Resources Capital.

AllBright Law Offices has an effective investment funds team that handles the design of the transaction structure, and the drafting and review of transaction documents. The firm has particular experience in handling financial trusts, banking, and debt investment plans. Key areas of growth include internet finance such as fintech, consumer finance, and supply chain finance. Shi Yubin heads the practice.

Grandall Law Firm advises on fund formation and has particular experience advising government guide funds, as well as fund of funds. Shanghai-based practice head Jing Zou advises on both RMB and USD private funds and advises on licenses and compliance issues. Naijin Liu is also noted and heads the team based in Tianjin.

Guantao Law Firm advises investment firms, sponsors, venture capital firms, institutional investors as well as portfolio companies through the complete life cycle of the funds. Typical matters that the team handles include fund formation, regulatory and compliance, M&A, and fund exit strategies. Beijing-based Dongying Sun and Bo Su head the practice together.

Llinks Law Offices advise a broad range of clients including domestic fund management companies and their subsidiaries, private equity funds, venture capital funds, securities investment funds and more. Charles Qin and Nicholas Lou head the practice and are based in Shanghai.

Shihui Partners handles all the key areas of investment funds from fund formation advice to handling regulatory and compliance issues. The practice has experience advising on both RMB and USD funds. Steven Zhao and Hui Li head the practice, alongside Xiaomei Li who joined from Commerce & Finance Law Office.