Based across Beijing, Shanghai, Hong Kong, the investment funds practice at Fangda Partners is well-known for its expertise in representing investors in RMB funds. The team has experience in structuring and negotiating a broad range of investment fund products, such as private equity funds, funds of funds, and venture capital funds. Richard Guo and Zhen Chen co-lead the team from Hong Kong and Beijing respectively; Guo is noted for a strong knowledge of private equity, and regularly advises on fund formation, while Chen has notable experience in representing clients in the formation and fundraising of QDLP funds. Shanghai-based Candy Tang specialises in private fund formation and compliance.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team has professionals at all levels, from partners to associates who are well-versed in the laws and practices related to Chinese funds.' 

  • 'Candy Tang not only understands the local laws and practices related to funds in China, but also has an in-depth understanding of the operational rules of US dollar funds, so they can provide solutions that meet the requirements of foreign fund companies.' 

  • 'The Fangda team is undoubtedly a leader in this field. We have collaborated with this team for many years and they have a good understanding of the QFLP establishment policies in various regions, providing very professional services for our QFLP-related matters, with a high cost-performance ratio.' 

  • 'Flora Qian and Zhen Chen are well versed in legal regulations and local policy requirements, respond very quickly, and often provide us with market dynamics.' 

  • 'The team is stable, responsive, and the legal opinions provided are commercially feasible.' 

  • 'Zhen Chen and Claire Kou's professionalisms is truly impressive.' 

Key clients

  • Boyu Capital
  • DCP Capital
  • CITIC Capital
  • HongShan Capital
  • Shanghai Industrial Investment (Holdings) Co., Ltd.
  • Blackstone
  • Coller Capital
  • L Catterton
  • Shangqi Capital
  • CICC Capital
  • Jinyi Capital
  • Vision Stone

Work highlights

Represented DCP Capital in the structuring and formation of its second flagship RMB Fund (“DCP RMB Fund II”), with a total commitment of RMB 4.04bn at the final closing on August 9, 2024.
Represented Coller Capital in connection with the formation and fundraising of its first RMB secondary fund, Coller Capital RMB S Fund I (“CCSRMB I”), with a total commitment of more than RMB1bn as of the final closing in December 2024.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Zhen Chen
Richard Guo

Practice head

Richard Guo; Zhen Chen

Other key lawyers

Candy Tang; Flora Qian; Claire Kou