Headed by Ron Cheng, Drew & Napier LLC’s practice advises on the full lifecycle of funds, fund management, and private equity/venture capital transactions, from structuring and negotiation to documentation and implementation. The team has deep experience across private equity and venture capital investments, and the establishment of alternative investment vehicles spanning business trusts, Cayman segregated portfolio companies, and Singapore variable capital companies.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®

Testimonials

Collated independently by Legal 500 research team.

  • ‘Ron Cheng is responsive and full of insights.’

  • ‘Drew & Napier’s investment funds team stands out for their deep expertise, commercial insight, and exceptional responsiveness. They have been instrumental in advising on the structuring and compliance of complex fund vehicles, particularly under the VCC framework.’

  • ‘Ron Cheng is a standout partner whose counsel has consistently demonstrated clarity, strategic thinking, and a deep understanding of fund structures. Ron is not only technically strong, but also highly commercial.'

  • ‘The strengths stem from the people Ron put together, their dedication to their tasks, collaboration within and with the client, notwithstanding their skill set.’

  • ‘Ron has worked with key pillars in the industry for years. His insights and foresight are extremely valuable.’

  • ‘In today's regulatory environments and competition among fund jurisdictions as well as fund manager licensing matters, it is important to engage with a team which is not only knowledgeable about their home markets but can also provide inputs in terms of various options & choices. The team at Drew & Napier has been always up-to-date with latest developments not only with regulators, laws & regulation updates & changes but also with practical advises on how to move forward.' 

Key clients

  • GAO Capital Pte Ltd
  • Harvest Fund Management Company
  • PT. Nikko Sekuritas Indonesia
  • Citicorp Trustee
  • OurCrowd Management
  • UBS Bank AG Investment Funds
  • Golden Horse Fund Management Pte. Ltd.
  • SG Trust Asia Ltd

Work highlights

Acted for PT. Nikko Sekuritas Indonesia in establishing a new unit trust and various sub-funds which invests into physical bullion, paper bullion, derivative bullion, fixed income and equity securities.
Acted for ARA Fund Management Pte. Ltd., an ESR-related Singapore fund management company in the establishment of an umbrella VCC with a sub-fund that holds real estate assets.
Acted for SBK Tech Pte. Ltd., a Singapore venture capital fund manager in establishing a VC fund.

Lawyers

Leading partners

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

Practice head

Ron Cheng