Leading Associates

Firms To Watch: Investment funds: local firms

Saravanan Rathakrishnan is a key contact in RHTLaw Asia LLP’s investment funds practice, advising clients on structuring private and public funds, including real estate funds, and showcasing demonstrable experience in VCC structures.
Senior director Kevin Chua spearheads the practice at Yuen Law LLC and handles a range of investment fund formations, with a strong focus on the VCC regime.

Investment funds: local firms in Singapore

Allen & Gledhill LLP

Allen & Gledhill LLP provides an ‘impeccable service’ to its roster of domestic and international clients, and showcases stellar expertise in all types of collective investment schemes, including REITs and private funds. Managing partner Jerry Koh leads the team and stands out for his track record in the formation of REITs, in addition to private equity and venture capital mandates. Jonathan Lee acts for fund managers, financial institutions, property developers and family offices on the structuring and establishment of private funds, while Sarah Teo has ‘extensive experience’ in retail collective investment schemes. Other key contacts in the group include Lai Shieh Lin, who is ‘knowledgeable’ in retail offerings in Singapore, Foong Yuen Ping and Long Pee Hua.

Praxisleiter:

Jerry Koh


Weitere Kernanwälte:

Jonathan Lee; Sarah Teo; Lai Shieh Lin; Foong Yuen Ping; Long Pee Hua


Referenzen

‘The team has a notable track record in the establishment, registration and listing of retail funds in Singapore. Their lawyers have a good breadth of knowledge, significant on-the-ground experience and close working relationships with relevant local authorities which enable the team to provide relevant and value-added advice in a cost-effective manner.’

‘The team is reliable and has consistently delivered high-quality work (which was characterised by meticulous attention to detail, sensitivity to client concerns and thorough analysis of pertinent legal and regulatory issues) within the timeline given to them.’

‘Sarah Teo has extensive experience in advising on retail funds matters and is a responsive partner who provides commercially viable advice.’

Highlight-Mandate


  • Advised CapitaLand Fund Management Pte. Ltd. as fund and transaction counsel on the establishment of a business park development fund, CapitaLand India Growth Fund 2, with a target fund size of S$525 million to invest in Grade A business parks in prime locations across gateway cities in India. CLI has secured S$263 million from a global institution for a 50 per cent. stake in the Fund’s first closing.
  • Advised Standard Chartered Bank (Singapore) Limited as fund and transaction counsel on the establishment of Standard Chartered Funds VCC, an umbrella variable capital company fund platform, and its first sub-fund, Standard Chartered Funds VCC – Signature Select Global Equity Core.
  • Advised Quadria Capital Investment Management Pte. Ltd. as Singapore counsel on the establishment of Quadria Capital Fund III LP.

Rajah & Tann Asia

Fund management houses turn to the ‘highly sophisticated and well-regarded’ practice at Rajah & Tann Singapore LLP to set up Singapore fund management businesses and private investment funds. The firm houses a robust regulatory practice, focused on the structuring and formation of private investment funds, in addition to the licensing and ongoing regulation of fund managers, and is noted for its expertise in corporate reorganisations and M&A involving Singapore-based managers and investment funds. Eminent practitioner Anne Yeo jointly leads the team alongside Jasmine Chew, who focuses on the formation and restructuring of onshore and offshore investment vehicles, and Philip Yeo. Other key contacts in the group include Arnold Tan, who continues to advise clients on the establishment of both onshore and offshore investment funds, and Zixiang Sun, who has demonstrable experience in the formation of private funds, spanning both open-ended and close-ended funds.

Praxisleiter:

Anne Yeo; Jasmine Chew; Philip Yeo


Weitere Kernanwälte:

Arnold Tan; Zixiang Sun


Referenzen

‘R&T’s practice brings a blend of local expertise, international know-how, and value for money to the table. It is a practice that is well positioned to be useful to any investment house based in Singapore looking out at the world.’

‘Zixiang Sun provides expertise on local requirements and practices, and blends it with a nuanced and sensitive international perspective cultivated from his past experience. That interplay positions him as a helpful and considerate counsel, particularly navigating regional and/or international investment funds.’

‘Nicole Tan has proven herself to be meticulous and intuitive.’

Kernmandanten

Havenport Asset Management Pte Ltd


Tahan Capital Management Pte Ltd


Amansa Capital Pte Ltd


New Silk Road Investment Pte Ltd


Unison Capital Management Pte Ltd


RV Capital Management Pte Ltd


Nuvest Capital Pte Ltd


Heliconia Capital Management Pte Ltd


Griha Pte Limited


Beenext Capital Management Pte. Ltd.


Dentons Rodyk

Counting local and foreign managers, international trustee corporations, private equity investors, venture capital funds, SMEs and startups among its key roster of clients, Dentons Rodyk handles the full range of investment funds mandates, from the establishment of local and offshore funds to fund management industry arrangements and documentation, in addition to equity, debt and equity linked securities, downstream investments and divestments. I-An Lim, who advises on unit trust funds, offshore and onshore fund structures, jointly leads the team alongside Emily Low, who handles the gamut of private investment funds, including private equity funds, venture capital funds, real estate and infrastructure funds, hybrid funds and hedge funds. S Sivanesan is another key contact in the group.

Praxisleiter:

I-An Lim; Emily Low


Weitere Kernanwälte:

S Sivanesan


Kernmandanten

J O Hambro Capital Management Limited


UOB Venture Management Pte. Ltd


OT Management LLC


Leo Technology Fund VCC


Highlight-Mandate


  • Review of the offering documents / information memorandum for the J O Hambro Funds, restricted schemes domiciled in Ireland and the UK, including amending and advising the manager on the regulations application to such funds, drafting the Singapore information memorandum and the registration of the information memorandum and product highlight sheet with the Monetary Authority of Singapore.

Drew & Napier LLC

Drew & Napier LLC showcases ‘vast knowledge and experience’ on the establishment of licensed, registered and exempt fund managers, as well as financial advisers and trust companies, in Singapore, with additional experience in handling regulatory mandates and tax incentive approvals for investment funds. Key clients include private and public funds, multinationals, and financial institutions, among others. ‘Always available for urgent matters’, practice leader Ron Cheng acts on the establishment of alternative investment funds, and is ably supported by Charmaine Jin and Gladys Lim.

Praxisleiter:

Ron Cheng


Weitere Kernanwälte:

Charmaine Jin; Gladys Lim


Referenzen

‘Vast knowledge and experience. Best of all, they are courteous, friendly and helpful with sincerity.’

‘Ron Cheng is always available for urgent matters, and will help think of innovative yet practical solutions.’

‘Ron Cheng is very experienced and provides solutions that are commercially viable.’

Kernmandanten

ARA Fund Management Pte. Ltd.


Capital Asia Investments Pte. Ltd.


Ernst & Young AG


Golden Horse Fund Management Pte. Ltd.


Jungle Ventures Pte. Ltd.


PT. INA Sekuritas Indonesia


SBK Tech Pte Ltd / Sonia Bashir Kabir


Trendlines Agrifood Innovation Centre Pte. Ltd.


Highlight-Mandate


  • Acted for a SBK Tech Pte. Ltd., a Singapore venture capital fund manager in establishing a VC fund, which successfully onboarded major institutional investors.
  • 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.
  • Acting for a well-established Singapore licensed fund management company in the establishment of many sub-funds across 3 umbrella VCC structures.

Shook Lin & Bok LLP

The ‘dependable’ team at Shook Lin & Bok LLP counts domestic and foreign licensed fund managers, sponsors, asset and wealth managers, investors and institutional trustees among its key roster of clients, and showcases impressive expertise in REITs and retail unit trusts, in addition to private and hedge funds. Esteemed practice leader Tan Woon Hum advises private clients and trustees on the establishment of private trusts, single-family offices and single-family funds, with additional experience in the establishment of VCC funds. Andrea Ng is another key contact in the group, who specialises in trust, asset and wealth management mandates, with a strong track record in REITs.

Praxisleiter:

Tan Woon Hum


Weitere Kernanwälte:

Andrea Ng; Ian Chew; Alicea Tan


Referenzen

‘Extremely responsive to clients and their needs, commercially minded with very clear solutions, efficient, and exhibit strong attention to detail.’

‘Very commercial and great at managing client relationships.’

‘Always available when needed and dependable.’

Highlight-Mandate


  • Advised a Singapore fund manager on the establishment of a Singapore VCC fund with an initial sub-fund having a fund size of up to US$500 million.
  • Advised a Singapore fund manager, on the establishment of a Singapore VCC fund with a total fund size ofUS$130 million, comprising three initial sub-funds comprising a sub-fund investing across listed and private equity securities.
  • Acted as Singapore counsel for a German development bank on its investment through a Singapore standalone variable capital company fund into an Indian fund structured as a trust with a fund size of up toUS$200 million.

WongPartnership LLP

WongPartnership LLP showcases demonstrable experience in the structuring, regulation, formation and management of private equity funds, hedge funds, infrastructure and real estate funds, fund-of-funds and other collective investment schemes targeted at institutional and accredited investors, with additional capability assisting clients with matters concerning the Singapore Tax Resident Fund Scheme. Low Kah Keong leads the team and acts for sponsors and fund managers of private equity funds, real estate funds, venture capital funds, hedge funds and regulated collective investment schemes, while Felicia Marie Ng specialises in private investment funds.

Praxisleiter:

Low Kah Keong


Weitere Kernanwälte:

Felicia Marie Ng


Kernmandanten

TPG Capital, L.P.


KKR Singapore


Temasek Holdings (Private) Limited


L Catterton


Lendlease Investment Management


East Ventures


Indies Capital Partners


Morgan Stanley Real Estate


Silver Lake Partners


CapitaLand Limited


GGV Capital Pte. Ltd.


Tower Capital Asia


Redbadge Pacific


Highlight-Mandate


  • Acted for TTV Fund II (the Fund) and TTVPL in the first closing of the Fund admitting PTV as LP for a commitment of US$200m.
  • Acted as the Singapore counsel in establishing a China focused data centre development fund, CapitaLand China Data Centre Partners, which has committed to invest in two hyperscale data centre development projects in Greater Beijing.
  • Acting as Singapore counsel in the establishment of Analog Capital Partners Fund I, a mid-market private equity fund focusing on B2B software, digital services and infrastructure, investing in companies and assets established in, or having substantial business in the Asia-Pacific region.

BTPLaw

Boutique firm BTPLawpunches above its weight’, with all matters concerning VCC fund formations ‘handled with precision and thoroughness’. Other key areas of expertise include advising on the formation of funds in other jurisdictions, such as Cayman Islands, which are managed by Singapore fund managers. ‘An inspirational entrepreneur and leader in his field’, managing director Brandon Tee leads the team and is well-regarded for his expertise in VCC structures, having acted for one of the 18 fund managers selected to be part of the Monetary Authority of Singapore’s VCC pilot programme.

Praxisleiter:

Brandon Tee


Referenzen

‘BTP Law is a unique legal practice that punches above its weight. We can trust that matters are handled with precision and thoroughness, leading to reliable and favorable outcomes.’

‘Brandon Tee is known for being hardworking, consistently putting in the effort to deliver high-quality results on time. Another notable characteristic of Brandon is his proactive approach to communication and problem-solving.’

‘Brandon Tee is commercial and has an acute understanding of our business needs. I can always rely on his insights.’

Kernmandanten

Shenwan Hongyuan


Conduit Asset Management


Pilgrim Partners


Indies Capital Partners


DeFiance Capital


Grasshopper Asset Management


Sunline NoICM Global Funds


SDAX Capital Markets


Azimut Investment Management Singapore


Fenix Fund Management


InCred Global Wealth


Capital Asia Investments


Finexis Asset Management


Aura Group


Wealth Management Alliance


HashKey Capital


SwissAsia Financial Services


Sky9 Ventures


Atlas Asset Management


Kairous Capital (Singapore)


Enyorra Private Equity


8VantEdge


Azure Capital


AsiaWorld Assets


Allwin Fund Management


Luminor Capital


Highlight-Mandate


  • Acted as the legal counsel to Verge Capital Management Pte. Ltd., the manager of Verge HealthTech Fund II.
  • Acted as the legal counsel to Shenwan Hongyuan Private Limited, the manager of Honesty Humility, a sub-fund of Castlehouse VCC.
  • Acted as the legal counsel to Fenix Fund Management Pte. Ltd., the manager of Sapphire Fund, a sub-fund of Fenix Fund VCC.

CNPLaw LLP

Praised for its ‘high degree of professionalism’, CNPLaw LLP counts fund managers, investors and investee companies among its key roster of clients, and is noted for its capability in handling private equity, venture capital, commodity and hedge fund structures. Bill Jamieson, an English lawyer who is registered to advise on Singapore law, leads the team and showcases considerable experience in the establishment and management of private equity funds.

Praxisleiter:

Bill Jamieson


Referenzen

‘Very reactive and work well together.’

‘High degree of professionalism.’

Kernmandanten

Lucerne Asset Management Pte. Ltd.


BugleRock Capital Pte. Ltd.


Hera Capital Pte. Ltd.


Hanover Square Capital (UK) Ltd


Highlight-Mandate


  • Acted as lead counsel to the investment manager in the launch of an open-ended sub-fund of a Singapore-incorporated variable capital company structured fund to invest in a diversified portfolio of Indian public market equities through its onshore securities account in India.
  • Advised a real estate asset manager on a fund which was established to invest in residential real estate in London.
  • Acted as counsel to Lucerne Asset Management Pte. Ltd. in drafting the fund documents for a sub-fund of a Singapore incorporated variable capital company that invests private credit in private fixed-income securities and credit instruments as well as in pre-IPO companies.

Eng and Co. LLC

With demonstrable experience in private equity, real estate, climate-focused and hedge fund structures, Eng and Co. LLC continues to be active in the establishment of new funds under Singapore’s variable capital company (VCC) regime, and boasts an enviable client roster of asset managers. Colin Ong advises on fund formations and regulatory mandates, with notable expertise in REITs, and jointly leads the team alongside Rachel Eng.

Praxisleiter:

Rachel Eng; Colin Ong