DaHui Lawyers is well-known for providing end-to-end support for clients on investment fund matters. This includes advising on the establishment, investment, maintenance, restructuring, and dissolution of funds. Cloud Li leads the team from Shanghai, with experience handling RMB funds. Li is ably supported by Zheng Zha and Brendon Wu, who both have experience in the US market. In September 2024, Kenny Yu joined the team, bringing expertise in matters relating to global, regional, and private equity funds. Rayna Wang was elevated to the partnership at the beginning of 2025 and is noted for advising on cross-border fund matters.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Several lawyers we have been collaborating with for a long time are excellent in terms of their ability to handle matters, professionalism, and response speed.'
'They will adopt the client's perspective to provide reasonable suggestions and optimal solutions for the client.’
Key clients
- China International Capital Corporation Limited aka CICC 中金公司
- ClearVue Partners
- Folding Space
- FreeS Fund
- Genecast Biotechnology
- Genesis Capital
- GSR Ventures 金沙江资本/金沙江创投
- Hidden Hill Capital 隐山资本
- Hillhouse Capital 高瓴资本
- IDG
- Kinzon Capital
- Matrix Partners China
Work highlights
Assisted a client with establishing a new fund in the PRC with a target size of RMB1bn (approximately USD137m).
Assisted a leading venture capital firm with bringing a government investor into its fund as a new limited partner.
Represented a long-established private fund manager in its acquisition of another mutual fund manager (which managed 10 funds), for CNY260m and at an expedited timeline because other buyers were in the running.
Practice head
Cloud Li
Other key lawyers
Zheng Zha; Brendon Wu; Kenny Yu; Rayna Wang