Firm Profile > Kirkland & Ellis > Hong Kong, Hong Kong

Kirkland & Ellis
26TH FLOOR, GLOUCESTER TOWER
THE LANDMARK, 15 QUEEN'S ROAD CENTRAL
HONG KONG
Hong Kong

Capital markets (equity) Tier 1

With a team spread across Hong Kong, Beijing and Shanghai, Kirkland & Ellis handles IPOs, convertible bond offerings, high yield and investment grade debt offerings, follow-on offerings and private investment in public equity (PIPE) transactions. With the ability to provide Hong Kong and US law advice, the team is well-placed to advise PRC companies on dual listings. Regulatory advice and compliance are key areas of focus for the practice, and it maintains close relationships with the Securities and Futures Commission (SFC), the Hong Kong Stock Exchange, the Securities and Exchange Commission (SEC), NYSE and NASDAQ. Head of practice David Zhang counts Chinese and other Asian companies and underwriters amongst his client base. Li-Chien Wong, who also heads the team, handles high-profile IPOs and is an expert on regulatory matters. Yazhe Liu joined as partner from Davis Polk & Wardwell LLPMeng Ding left for Sidley Austin.

Practice head(s):

Other key lawyers:

Key clients

Warburg Pincus (Controlling Shareholder) – ESR Cayman Limited’s HK IPO

Goldman Sachs, BofA Merrill Lynch, Morgan Stanley, CICC, China Renaissance and KeyBanc Capital Markets – Pinduoduo Inc.’s following-on offering

Bank of America Merrill Lynch, Goldman Sachs, Barclays and UBS – Pinduoduo Inc.’s convertible senior notes offering

Wynn Macau, Limited

J.P. Morgan Securities LLC, UBS Securities LLC, Credit Suisse Securities (USA) LLC and China International Capital Corporation Hong Kong Securities Ltd. – Kingsoft Could’s USIPO

Credit Suisse, Goldman Sachs, Citigroup and Jefferies – HUYA Inc.’s follow-on offering

Goldman Sachs (Asia) L.L.C., BofA Securities, Inc., and Jefferies LLC – Dada’s U.S. IPO

Morgan Stanley, Bank of America Merrill Lynch, China Renaissance Holdings Limited, UBS Investment Bank, China International Capital Corporation Limited, China Securities (International) Corporate Finance, Mirae Asset Daewoo Co., Ltd., China Merchants Securities Co., Ltd., Bank of China International Holdings Limited, Haitong Securities Co., Ltd., CMB International Capital Corporation Limited, Futu Securities International (Hong Kong) Limited, ICBC International Holding Limited and AMTD Group Company Limited – Maoyan Entertainment’s HK IPO

Shanghai Dongzheng Automotive Finance Co., Ltd.

AMTD Global Markets Limited and Loop Capital Markets LLC – AMTD International Inc.’s US IPO

CMGE Technology Group Limited

Chengdu Expressway Co., Ltd.

Citigroup, Morgan Stanley, Haitong and China Renaissance – 360 Finance, Inc.’s follow-on offering

Credit Suisse and Barclays – JinkoSolar’s follow-on offering

Morgan Stanley, Credit Suisse and Citigroup – Huami’s follow-on offering

Opera Limited

Citigroup Global Markets Inc., China International Capital Corp. Hong Kong Securities Ltd., Tiger Brokers (NZ) Ltd. and Valuable Capital Ltd. – Huize Holding’s US IPO

Jiayin Group Inc.

I-Bankers Securities, Inc., Valuable Capital Limited and Tiger Brokers (NZ) Limited – uCloudlink Group Inc.’s US IPO

Corporate (including M&A) Tier 1

With combined expertise in private equity and corporate matters, Kirkland & Ellis is well-placed to advise on the increasing number of private equity-based cross-border M&A transactions in Asia. It has the capacity to advise on the US, English and Hong Kong law aspects of M&A deals. The firm covers the full range of transformational transactional work in Hong Kong and the PRC, with supporting debt finance and Foreign Corrupt Practices Act (FCPA) practices. The team is headed by seven partners, including Daniel Dusek, who acts for leading corporations and private equity investors on complex cross-border matters. Nicholas Norris is another key practitioner, with over 25 years of experience representing corporates, private equity investors and leading investment banks on a range of corporate matters. Michael Rackham and Tzi-Yang Seow were promoted to partner.

Key clients

Showa Denko K.K.

iKang

Hammer Capital

TPV Technology Limited

An investor consortium led by Mr. Bizuo (Tony) Liu, the Chief Executive Officer of Cellular Biomedicine Group Inc.

The founders of Topcast Aviation Supplies Company Limited

Cushman & Wakefield

Sea Limited

Nan Fung

Shougang Concord International Enterprises

Partners Group

Cartesian Capital Group

Hitachi, Ltd. and Hitachi Automotive Systems, Ltd.

Skyworth Group

L Catterton

Investment funds Tier 1

The investment funds group at Kirkland & Ellis has a broad geographic spread, covering Asia, Europe and the US. It focuses on private equity and covers buyout funds, funds of funds, credit funds, growth funds, mezzanine and distressed debt, and secondaries and restructuring matters. The team is experienced with SEC-registered advisers, including forming and operating private funds and registered investment companies, and advising on structuring and formation issues. Head of practice Justin Dolling handles the full range of investment fund matters globally. Carol Liu heads the China private funds practice and acts for high-profile sponsors. Michelle Cheh and Jamie Hill were promoted to partner. Yue Zhang left for Fangda Partners.

Practice head(s):

Key clients

Ascendent Capital Partners

NewQuest Capital Partners

C-Bridge Capital

Lilly Asia Ventures

LYFE Capital

Loyal Valley Capital

Eastern Bell Capital

Forebright Capital Management

Vertex Ventures

Insignia Ventures

Panacea Venture

TPG

SSG Capital Management

OCP Asia

SC Capital Partners

LOGOS Properties

Kinzon Capital

Legend Capital

Private equity Tier 1

A 'clear market-leader in the private equity space', Kirkland & Ellis' overarching expertise in relation to fund formation, financing, and the downstream corporate M&A activity, ensures that it is able to provide a one-stop-shop service to an impressive roster of international and regional sponsors across the spectrum of their requirements throughout the region. With Hong Kong-based lawyers benefiting from dual domestic and US qualifications and also able to access the firm's market-leading debt finance and corporate expertise in the US, the team has been at the forefront of the increasing number of take-private deals involving US-listed Chinese companies. Daniel Dusek has been involved in many of these transactions, including his work for an investment consortium on the $8.7bn take-private of NYSE-listed Chinese company 58.com Inc. Gary Li is also recommended.

Testimonials

‘A clear market leader in the private equity space.’

Key clients

iKang

GLP Pte. Ltd. and the consortium offeror comprising GLP and the Fung family

Hammer Capital

Clear Channel Outdoor Holdings, Inc.

GIC

The founders of Topcast Aviation Supplies Company Limited

Partners Group

Warburg Pincus

L Catterton

Bain Capital

Clermont Group

Cartesian Capital Group

MediaOcean LLC / Vista Equity Partners

TDR Capital

Restructuring and insolvency Tier 1

Forming an integral part of the firm's global restructuring offering, which includes key offices in London and the US, Kirkland & Ellis' six-partner Hong Kong team advises debtors and creditors on international restructurings involving a significant Asia nexus, as well as on mandates emanating from the region. Led by the 'amazing' Neil McDonald - who is noted, in particular, for his China restructuring expertise - the team is well-versed across formal insolvencies, as well as more transactional/restructuring-based mandates, particularly on behalf of the firm's impressive roster of funds clients. The size of the team's offering in the region affords it a degree of specialism that is lacking at some of the lower-ranked firms, and as well as benefiting from practitioners with specific client relationships, it is also able to resource matters headed by practitioners who have developed core expertise in matters relating to distressed situations in particular Asian countries. For example, consultant Damian Coles has developed a particular niche advising on Indonesian matters, having been involved in many of the largest situations in recent years emanating out of the country. Coles has also been involved in India-related mandates and is regularly supported in this work by Tarun Warriar, who has a flourishing reputation across the spectrum of in and out of court restructuring techniques adopted by companies and a range of creditors. Kelly Naphtali is recommended for cross-border contentious insolvency-related matters.

Practice head(s):

Testimonials

‘Neil McDonald is amazing.’

‘Neil McDonald is always able to deliver practical and sensible advice and knows when to step in.’

Key clients

Toys “R” Us, Inc.

China Singyes Solar Technologies Holdings Limited

Committee of creditors of China Fishery Group Limited

China Minsheng Investment Group Corp., Ltd.

IL&FS Transportation Networks Ltd.

Ad Hoc Committee of holders of notes issued by subsidiaries of China Energy Reserve and Chemicals Group Company Ltd.

Ad hoc committee of holders of senior notes issued by Huachen Energy Co., Ltd.

CWT International Limited and HNA Group (International) Company Limited

Ad Hoc Committee of certain holders of guaranteed senior notes issued by Reward International Investment Limited and guaranteed by Reward Science and Technology Industry Group Co., Ltd.

Ad hoc committee of holders of the US$ 546,916,000 Step Up Convertible Bonds due 2019 issued by Suzlon Energy Ltd.

Banking and finance Tier 2

With a focus on borrower-side work, Kirkland & Ellis is noted for its expertise in private equity borrower and complex credit fund matters. It leverages mandates from private equity sponsors, credit funds and strategic corporate investors across the Asia-pacific region. The practice covers a broad spectrum of banking and finance matters, including sponsor-backed leveraged finance, pre-IPO credit investments, project financings, restructurings, loan portfolio acquisitions, structured credit investment, and mezzanine and payment-in-kind (PIK) financings. The team is now headed by Manas Chandrashekar, who joined from Latham & Watkins LLP, with experience in acquisition and leveraged financings, corporate financings, asset backed financings, investment fund financings, and real estate financings. Jacqueline Zheng handles complex cross-border acquisition financing, structured financing, direct lending and special situations transactions across the region. Wei Yang Lim was promoted to partner. Former head of team David Irvine left for Linklaters in London. Daniel Abercromby joined White & Case.

Practice head(s):

Key clients

KKR

Investor consortium comprising Warburg Pincus Asia LLC, General Atlantic Singapore Fund Pte. Ltd., Ocean Link Partners Limited, and Mr. Jinbo Yao, Chairman of the Board and Chief Executive Officer of 58.com

New Frontier Health Corporation

Bain Capital

A consortium of investors comprising Centurium Capital, PW Medtech Group Limited (HKSE: 1358), CITIC Capital, Hillhouse Capital, Temasek and Marc Chan

The founders of Topcast Aviation Supplies Company Limited

Warburg Pincus

Eddingpharm

Regulatory: anti-corruption and compliance Tier 4

The team at Kirkland & Ellis is jointly led by Cori Lable and Shanghai-based Tiana Zhang. The practice is strong in handling cross-border internal investigations for a client base of private equity firms, and has also been kept busy advising on compliance issues. Richard Sharpe is another key contact.

China > Insolvency and restructuring; foreign firms Tier 1

Kirkland & Ellis' 'exceptional' Hong Kong-based six-partner Asia restructuring team has strong ties with global hedge funds, corporates and private equity firms, either in its own capacity or through its global brand (that includes 'market-leading' practices in London, Germany and the US), and consequently regularly has a pivotal seat at the table on the biggest-ticket China-related restructurings/insolvencies in the market. Led from Hong Kong by the 'practical and sensibleNeil McDonald, the team's prowess on both the debtor and creditor side ensures that it has an excellent perspective of the anatomy of a deal, whether it be in the context of balance sheet restructuring, distressed M&A, debt trading or a more formal insolvency procedure. Kelly Naphtali has a flourishing reputation for handling insolvency-related disputes on behalf of varied stakeholders, particularly those requiring urgent action to prevent the movement or dissipation of assets.

Practice head(s):

Testimonials

‘Neil McDonald is always able to deliver practical and sensible advice and knows when to step in. Neil also always pools the right internal resources to assist clients with specific queries.’

Key clients

Toys “R” Us, Inc.

China Singyes Solar Technologies Holdings Limited

Committee of creditors of China Fishery Group Limited

China Minsheng Investment Group Corp., Ltd.

IL&FS Transportation Networks Ltd.

Ad Hoc Committee of holders of notes issued by subsidiaries of China Energy Reserve and Chemicals Group Company Ltd.

Ad hoc committee of holders of senior notes issued by Huachen Energy Co., Ltd.

CWT International Limited and HNA Group (International) Company Limited

Ad Hoc Committee of certain holders of guaranteed senior notes issued by Reward International Investment Limited and guaranteed by Reward Science and Technology Industry Group Co., Ltd.

Ad hoc committee of holders of the US$546,916,000 Step Up Convertible Bonds due 2019 issued by Suzlon Energy Ltd.

Kirkland & Ellis is global law firm with 2,700 attorneys representing clients in private equity, M&A and other complex corporate transactions, litigation and dispute resolution/arbitration, restructuring, and intellectual property matters. The firm has 15 offices around the world: Beijing, Boston, Chicago, Dallas, Hong Kong, Houston, London, Los Angeles, Munich, New York, Palo Alto, Paris, San Francisco, Shanghai and Washington, D.C.

Department Name Email Telephone
Mergers and acquisitions Daniel Dusek
Mergers and acquisitions Nicholas Norris
Mergers and acquisitions David Zhang
Capital markets David Zhang
Capital markets Li-Chien Wong
Capital markets Benjamin Su
Government, regulatory and internal investigations Cori Lable
Litigation Kelly Naphtali
Private equity Daniel Dusek
Private equity Gary Li
Private equity Nicholas Norris
Private equity Jesse Sheley
Private equity David Zhang
Private funds Justin Dolling
Debt finance David Irvine
Restructuring Neil McDonald
Restructuring Damien Coles
Photo Name Position Profile
Mr Damien Coles photo Mr Damien Coles Partner
Mr Justin Dolling photo Mr Justin Dolling Partner
Mr Daniel Dusek photo Mr Daniel Dusek Partner
Mr David Irvine photo Mr David Irvine David Irvine is a tax partner based in the London office of…
Ms Cori Lable photo Ms Cori Lable Partner
Mr Gary Li photo Mr Gary Li Partner
Ms Carol Liu photo Ms Carol Liu Partner
Mr Neil McDonald photo Mr Neil McDonald Partner
Ms Kelly Naphtali photo Ms Kelly Naphtali Partner
Mr Nicholas Norris photo Mr Nicholas Norris Partner
Mr Richard Sharpe  photo Mr Richard Sharpe Partner
 Jonathan Tadd photo Jonathan Tadd Jonathan Tadd is an investment funds partner in the London office of…
Ms Li-Chien Wong photo Ms Li-Chien Wong Partner
Mr David Zhang photo Mr David Zhang Partner
Number of lawyers : 2,700
:
Cantonese
English
Japanese
Korean
Mandarin
Other offices : Beijing
Other offices : Boston
Other offices : Chicago
Other offices : Houston
Other offices : London
Other offices : Los Angeles
Other offices : Munich
Other offices : New York
Other offices : Palo Alto
Other offices : San Francisco
Other offices : Shanghai
Other offices : Washington DC

Diversity & Inclusion

Kirkland’s commitment to diversity is reflected in its policies, programs and committees as well as its efforts to build and maintain a culture that values and gathers strength from differences in socioeconomic, racial, ethnic and personal backgrounds.

Pro Bono

Kirkland is committed to providing legal services without charge to those who cannot afford counsel, with the goals of improving lives, bettering communities and deepening our attorneys’ professional experience. Kirkland attorneys at all levels pursue pro bono matters dealing with a variety of issues such as immigration, disability rights, civil rights, prisoner rights, death penalty cases and criminal appeals, guardianship, veterans’ benefits, and the representation of nonprofit organizations, among other areas.