Mr Yong Wang > Jingtian & Gongcheng > Beijing, China > Lawyer Profile

Mr Yong Wang

010-5809 1510 wang.yong@jingtian.com

Position

Partner

Career

A seasoned international PE/VC and investment funds/asset management attorney, James has been active in this field for about 18 years and is among the few most senior Chinese investment funds/investment management attorneys in China.  James represents a large number of international and PRC PE/VC funds, hedge funds, financial institutions (insurance companies, trust companies, broker/dealers, futures companies and other asset managers) in the design and implementation of various offshore and onshore fund and asset management products and is also active in PE/VC transactions, mergers and acquisitions and capital markets fields. A former Partner (Investment Funds) in the New York headquarters and Shanghai office of one of the largest law firms in the U.S, James worked at three leading international law firms (Clifford Chance, Kirkland & Ellis and Greenberg Traurig) in the U.S. (New York and Chicago) and China offices for 9 years. James has been consistently recognized by practically all leading global legal directories such as Chambers, IFLR 1000, Who’s Who Legal, The Asian Lawyer, AsiaLaw Leading Lawyers, Asialaw Profiles, Legal500, CBLJ and Legalband as leading authority on Investment Funds or Venture Capital (Tier 1). He was also named as market leader for investment funds in China by the London-based Legal Media Group’s Global Expert Guides for Banking, Finance and Transactional Law each year for 2015 – 2018.

In the Investment Funds/Asset Management field, James represented many international and domestic fund clients and asset managers in raising over 1,000 private RMB, USD and hybrid funds and asset management schemes involving capital in excess of RMB 400 billion or US$60 billion equivalent, covering fund types such as PE/VC funds, hedge funds, real estate funds, M&A funds, film & entertainment funds, sports funds, infrastructure funds, and funds of funds and legal forms such as corporate funds, contractual funds, trust funds, asset management scheme funds, FIVCIEs and hybrid funds combining the above. James’ clients include some of the largest asset management companies in the world, leading global and domestic hedge fund, leading global and domestic PE/VC firms, first tier angel investment funds. James is particularly known for his ability to work in the most cutting-edge, innovative and pilot type funds as well as cross-border funds. He represented close to 20 PE/VC firms (out of a total of 40 or so approved QFLP funds to date) in forming QFLP pilot funds in Shanghai as well as the first RMB QFLP pilot fund in Shanghai. James has also worked on the first QDIE fund on the market in Shenzhen and acted for a number of clients in forming QFLP pilot funds in Shenzhen, Tianjin and Chongqing, QDLP pilot funds in Shanghai, Tianjin and Qingdao, as well as the pilot fund with special approval by the People’s Bank of China to use RMB for direct outbound equity, debt or project investments. James also frequently represents global asset managers in the formation and operation of QFII funds and international and domestic PE and hedge fund sponsors in setting up QDII funds, as well as private fund managers in their New Third Board listings.

In addition to his GP representation, James also represents a large number of LPs of various types (including insurance companies, public companies, state-owned enterprises, asset/wealth management firms) in investing in various funds in and outside of China. James is also intimately familiar with internal economic and governance arrangements at the GP/management company level, having been deeply involved in the design and implementation of such arrangements for many leading international as well as domestic fund clients.

James represents many PE/VC firms, asset managers and companies in investment and financing transactions, New Third Board listing and A share listing, domestic and cross-border M&A, foreign direct investment (FDI), privatization of overseas listed Chinese companies, “red-chip” return transactions, establishment of VIE structures and overseas IPOs and has been involved in about a hundred such transactions in recent years, including many high-profile transactions.

Languages

Mandarin, English, German, Cantonese

Memberships

James serves as a member of the expert review committee for both the QFLP Pilot Program and QDLP Pilot Program in Shanghai, major government guidance funds such as Xia’men Municipal Industrial Guidance Fund and Insurance Asset Management Association of China (IAMAC) as well as CIAMA’s first expert panel for equity investment plans and private fund products and is frequently consulted by China Securities Regulatory Commission (CSRC), Asset Management Association of China (AMAC) and IAMAC on private fund or insurance asset management regulation issues. James’ experience also includes providing training sessions on investing in offshore funds to business and legal teams at China’s sovereign wealth fund, China Investment Corporation (CIC). A frequent speaker on China and international private equity, asset management and cross-border investment conferences and is widely published in major finance publications such as Wall Street Journal, Financial Times, China Business News and 21st Century Business Herald, James has been quoted frequently in main stream finance and legal media such as Financial Times, Asia Venture Capital Journal (AVCJ), Caijing Magazine, Asia Legal Business (ALB), China Business Law Journal (CBLJ), China Law & Practice (CL&P), FoF Weekly, Economic Information Daily, China Economic Times, Private Equity Insider, Top Capital and Venture China. Every year since 2013, James was commissioned by leading London-based legal publisher Law Business Research (LBR) to author the China Fundraising Chapter of its annual Global Private Equity Review.

Education

Columbia Law School Juris Doctor (J.D.)

German Studies LL.B.

Peking University B.A.