Penelope Shen > Stephenson Harwood > Hong Kong, Hong Kong > Lawyer Profile
Stephenson Harwood Offices
43/F, One Taikoo Place
979 King's Road
Quarry Bay, Hong Kong
Hong Kong
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Penelope Shen
Work Department
Corporate
Position
Partner
Career
Penny is one of Hong Kong’s leading funds lawyers who counts among her clients the region’s top asset managers. She is consistently sought after for both direct expertise and keen market intelligence.
Penny focuses on the establishment and structuring of private investment funds, with a particular emphasis on hedge funds and private equity funds.
Her years of providing legal leadership advice to such clients extends naturally to advising on fund restructuring, distribution and private placement, compliance and regulatory requirements, side letters and derivatives documentation (including ISDA and prime brokerage agreements). Her clients include some of the largest asset managers in Hong Kong, mainland China and Singapore.
Penny’s substantial experience from working at top-tier law firms, both onshore and offshore, has equipped her with first class knowledge in her chosen field while exposing her to its biggest players.
The asset management market in Asia is constantly evolving based on dynamic economic and political components. But with a nuanced and experienced finger on this pulse, and close working relations with industry service providers including administrators, custodians, trustees and prime brokers, Penny is well placed to provide clients with sterling service.
Penny kickstarted the Firm’s Asia ESG initiative, and was instrumental to the Firm joining the Hong Kong Green Finance Association. As a leading funds practitioner, and corporate/social responsibility advocate, Penny is dedicated to ESG issues affecting fund managers in the region.
Languages
English, Mandarin and Cantonese
Lawyer Rankings
Hong Kong > Investment funds
(Next Generation Partners)The ‘responsive, professional and efficient team’ at Stephenson Harwood provides ‘practical and useful advice’ to fund managers on the establishment and regulation of a range of open-end and closed-ended funds of all types, including hedge funds, venture capital funds, private equity funds, real estate funds, and credit funds. Drawing upon ‘a deep understanding of Asia’s asset management market’, team head Penelope Shen delivers a ‘top-tier service’ for fund managers and investors, which are appreciative of her ability to ‘navigate economic, political, and ESG factors’. Yong Ren, who acts for fund sponsors, investors, and managers in the formation of investment funds in Asia, joined from Proskauer Rose LLP in October 2023.
China > Investment funds: foreign firms
(Firms to watch)Headed by Penelope Shen in Hong Kong, the team at Stephenson Harwood showcases particular experience advising clients in the structuring, establishment and regulation of hedge, private equity and real estate funds. The team welcomed Yong Ren who joined from Proskauer Rose LLP in September 2023. Ren focuses on advising fund sponsors, investors and managers in the formation of investment funds in Asia.