Paul, Weiss, Rifkind, Wharton & Garrison > Hong Kong, Hong Kong > Firm Profile

Paul, Weiss, Rifkind, Wharton & Garrison
Suites 3601-06 & 3610, 36/F, Gloucester Tower, The Landmark
15 Queen’s Road, Central
Hong Kong
Hong Kong

Hong Kong > Private equity Tier 3

Paul, Weiss, Rifkind, Wharton & Garrison handles a broad range of transactional issues concerning co-investments and direct investments. The group assists both funds and corporates from a wide variety of sectors, including education, transportation, and biotechnology. Dividing her time between Beijing and Hong Kong, practice co-head Judie Ng Shortell primarily handles regional private equity investments and spin off transactions. Co-head Bosco Yiu joined the team from Goodwin in October 2022, contributing his broad knowledge of M&A and investment related issues, often assisting venture capital firms, companies, and sponsors.

Practice head(s):

Judie Ng Shortell; Greg Liu; Bosco Yiu

Key clients

Baring Private Equity Asia

L Catterton Asia

KKR

Didi Global

Work highlights

  • Advised Baring Private Equity Asia (BPEA) on its sale to EQT. The transaction brought together EQT with BPEA. Under the terms of the deal, BPEA received 191.2 m new ordinary EQT shares and €1.6 bn in cash. BPEA EQT now has private equity teams based in Beijing, Hong Kong, Mumbai, Seoul, Shanghai, Singapore, Sydney and Tokyo.
  • Advised KKR in its investment in Ruichen Pet Hospital Group Co., Ltd., a Chinese pet hospital chain. Financial terms of the transaction were not disclosed. Ruichen provides pet-focused medical services that include healthcare, laboratory diagnosis, grooming and pet products.
  • Advised KKR in its investment in ZJLD Group Inc., the company that owns Guizhou Zhen Liquor Brewing Co., Ltd., the brewer of Zhenjiu, a liquor brewed by Moutai technicians. The firm worked closely with local counsel and specialists (including tax, anti-trust and FCPA experts) on a thorough due diligence and transaction documents drafting and review.

Hong Kong > Corporate (including M&A) Tier 4

Paul, Weiss, Rifkind, Wharton & Garrison is known for its broad expertise in private equity driven transactions, with particular emphasis on investment activity within the biotech, education, food and beverage, and insurance sectors. Notable clients include Baring Private Equity Asia, KKR, and L Catterton Asia. Practice co-head Judie Ng Shortell is commended for her deep knowledge of spin-offs, equity investments, and take privates, and is often instructed by investment management firms and private equity funds. Having joined the team from Goodwin in October 2022, Bosco Yiu contributes his expansive experience in advising venture capital firms, sponsors, and corporations on M&A, IPOs and investments.

Practice head(s):

Judie Ng Shortell; Greg Liu; Bosco Yiu

Key clients

Baring Private Equity Asia

L Catterton Asia

KKR

Didi Global

China > TMT: foreign firms

China > Corporate and M&A: foreign firms

Paul, Weiss, Rifkind, Wharton & Garrison LLP is widely respected for its advice on corporations and private equity clients’ high-stakes transactions, which frequently require coordination across multiple jurisdictions. The practice’s recent workload covers large investments in the biotechnology, consumer, education, and food and beverage sectors. The team is also active in financial services, insurance, internet, manufacturing and transportation-related deals. Beijing-based Greg Liu has longstanding experience in advising corporate, multinational and private equity clients on investments, sales, acquisitions and mergers involving Chinese entities. At counsel level, Jack Sun focuses on China-related private equity investments, cross-border M&A and foreign direct investments. In Hong Kong, Judie Ng Shortell, who focuses on regional private equity investments and cross-border M&A, is managing partner of the firm’s China practice.

Practice head(s):

Judie Ng Shortell; Greg Liu

Other key lawyers:

Key clients

Baring Private Equity Asia

L Catterton Asia

KKR

Didi Global

Work highlights

  • Advised Baring Private Equity Asia on its sale to EQT.

Chairman: Brad S. Karp

Deputy Chair: Valerie E. Radwaner

Asia-Pacific Partners: Greg Liu (Beijing/Hong Kong); Judie Ng Shortell (Beijing/Hong Kong); Bosco Yiu (Hong Kong); Jack Lange (Hong Kong); Tong Yu (Tokyo)

Firm Overview:

Paul, Weiss, Rifkind, Wharton & Garrison LLP is a premier firm of more than 1,000 lawyers with diverse backgrounds, personalities, ideas and interests who provide innovative and effective solutions to our clients’ most complex legal and business challenges. The firm represents many of the world’s largest and most important public and private corporations, asset managers and financial institutions, as well as clients in need of pro bono assistance. We consistently earn high praise for our collaborative efforts to handle highly sophisticated matters with complex legal and business challenges, providing novel and efficient solutions to otherwise intractable situations.

The firm is widely recognized as having market-leading practices in private equity, public company M&A, litigation, white collar and regulatory defence, and restructuring. Within these broad practices, we also offer numerous market-leading specialized practices.

Asia-Pacific Capabilities:

Paul, Weiss maintains a vibrant presence in Greater China, Japan and elsewhere in Asia, with offices in Beijing, Hong Kong and Tokyo, complemented by in-depth Asia-related experience brought together from our New York, London and Washington, D.C., offices. The firm represents major U.S. and international financial institutions, technology, media and telecommunications companies, private equity funds, investment banks, consumer goods corporations and other companies seeking to conduct business in Asia. In addition, we represent numerous Asian companies in connection with a broad range of international business ventures.

China and Hong Kong:

Paul, Weiss is a market leader and tone-setter in Greater China. We represent regional and international clients in corporate transactional matters involving auctions, outbound investments, mergers and acquisitions, private equity and venture capital, foreign direct investments—including the establishment of joint ventures, wholly foreign-owned companies, holding companies and investment funds—capital markets, corporate financings and project finance, and restructurings.

One of the first foreign firms to establish an office in Beijing in 1981, Paul, Weiss is a prominent member of Beijing’s legal community. In 1983, Paul, Weiss established a Hong Kong limited liability partnership. Our China practice team is led by three partners and includes lawyers from our Beijing, Hong Kong and New York offices who are qualified in various jurisdictions around the world. The team also draws support from our Tokyo, London and Washington, D.C., offices. The Beijing and Hong Kong offices work in tandem, with lawyers splitting their time between the two locations. Where necessary, the firm works closely with qualified PRC counsel in China.

Japan:

Paul, Weiss is a leader among U.S. law firms in the representation of Japanese corporations and financial institutions in transactions around the globe, and multinational corporations and private investment funds in their activities in Japan.

Paul, Weiss opened its Tokyo office in 1987, when Japanese law changed to first permit the establishment of offices by foreign law firms. Staffed with bilingual attorneys, the Tokyo office has been integral to the firm’s involvement in high-profile M&A transactions and some of the largest global securities offerings. In addition, the Tokyo office has accumulated significant experience advising Japanese clients on matters involving litigation and dispute resolution, the U.S. Foreign Corrupt Practices Act, antitrust law, regulatory investigations and internal investigations.

Lawyers from the Tokyo office have also worked with colleagues from other Paul, Weiss offices in forming various investment fund structures that focus on Japan investments. Regarding Japan law-specific issues, the Tokyo office relies on its close working relationships built over the years with top domestic law firms in Japan.