DLA Piper Advises Leading Asia Investor on Secondary Portfolio Sale Exceeding USD 1 Billion

DLA Piper advised a leading Asia-based institutional investor on the sale of limited partner interests in a private capital portfolio valued at more than USD 1 billion to multiple buyers, while Jefferies Hong Kong Limited acted as financial adviser to the seller. The transaction involved the sale of a substantial portfolio of fund interests in what the parties describe as one of the largest secondary portfolio transactions completed in Asia. The deal was completed through a complex, multi‑buyer process and highlights the continued growth and increasing sophistication of the region’s secondary market. DLA Piper advised on all legal aspects of the transaction and combined its funds and tax capabilities across jurisdictions to support the client on this cross-border secondaries transaction. Shinong Wang, Of Counsel in DLA Piper’s PRC and Hong Kong Funds Practice, commented that the successful completion of a transaction of this scale demonstrates the increasing maturity and liquidity of Asia’s secondary market and reflects growing demand from institutional investors for tailored liquidity solutions. DLA Piper represented the seller, a leading Asia-based institutional investor, with a team composed by: Shinong Wang (Of Counsel, PRC and Hong Kong Funds Practice; matter lead in Hong Kong), Witold Jurewicz (Partner, Tax, United States) and Chris Lorimer (Associate, Tax, United States).

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DLA Piper Advises Leading Asia Investor on Secondary Portfolio Sale Exceeding USD 1 Billion

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DLA Piper Advises Leading Asia Investor on Secondary Portfolio Sale Exceeding USD 1 Billion

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