Broad Vision Funds’ Formation of a Secondary Multi-Strategy Fund and Direct Investment Fund Phase II
JunHe advised Broad Vision Funds on m88 sport betting app formation of its first secondary multi-strategy RMB fund (“Broad Vision S Fund”) and direct investment fund phase II (“Broad Vision Fund II”). Following an investment strategy of “secondary investment + feeder fund investment + direct investment,” m88 sport betting app Broad Vision S Fund focuses on investments in areas such as technology innovation, consumer technology and healthcare. Broad Vision Funds is a private equity firm that is active in m88 sport betting app RMB fund field and is among m88 sport betting app few diversified investment firms in China to operate both direct investment funds and secondary multi-strategy funds. m88 sport betting app AUM of funds under its management exceeds RMB 10 billion. Acting as m88 sport betting app exclusive legal counsel for Broad Vision Funds, JunHe advised on m88 sport betting app preparation, formation and fundraising of Broad Vision’s RMB fund, and provides specialized legal services on an ongoing basis to m88 sport betting app company.
Investment by China Life Asset Management Company Limited et al. in a private equity fund through a trust scheme
China Life Asset Management Company Limited (“CLAMCL”) subscribed for beneficial units in m88 sport betting app trust. m88 sport betting app investment amount was RMB 10 billion. m88 sport betting app trust company represented m88 sport betting app trust scheme to act as m88 sport betting app limited partner of m88 sport betting app private equity fund and paid m88 sport betting app capital commitment to m88 sport betting app private equity fund with m88 sport betting app capital of m88 sport betting app trust. m88 sport betting app specific purpose of m88 sport betting app private equity fund was to invest in a project company wholly owned by Shaanxi Coal and Chemical Industry Group Co., Ltd. m88 sport betting app project was m88 sport betting app first debt-to-equity swap project in m88 sport betting app insurance industry, and had a certain degree of complexity, as m88 sport betting app applicable laws did not contain clear provisions. JunHe provided m88 sport betting app client with an all-inclusive solution and assisted m88 sport betting app client in completing m88 sport betting app investment successfully.
Ping An Real Estate Co. Ltd. founded m88 sport betting app “Plan of Ping An Real Estate – Changsha Pilot Investment for Investment in Commercial Real Estate Debt”
Ping An Real Estate Co., Ltd. established m88 sport betting app “Plan of Ping An Real Estate – Changsha Pilot Investment for Investment in Commercial Real Estate Debt”. Ping An Real Estate used m88 sport betting app insurance funds held by it in trust under such a plan, to make a debt investment in m88 sport betting app financial tower developed and constructed by Changsha Hengchengye Real Estate Co., Ltd. JunHe conducted a legal due diligence review in respect of m88 sport betting app project and advised on, and issued legal opinions with regard to, m88 sport betting app compliance of and legal risks over Ping An Real Estate’s investment in m88 sport betting app project, through m88 sport betting app real estate debt investment plan above.
China Universal Capital’s series asset management plans for equity investment
China Universal Capital Management Co., Ltd. founded several specific asset management plans, raising funds to purchase equity interest in a large real estate company through a SPV. JunHe assisted m88 sport betting app client in establishing m88 sport betting app asset management plans and drafting m88 sport betting app transaction documents, and provided m88 sport betting app client with legal opinions in respect to m88 sport betting app compliance of m88 sport betting app asset management plans.
CR Trust•UPSUN No. 38 Pooled Trust for Investment in Rongtong Investment Following and Equity Investment
CR Trust founded a pooled trust scheme, raising up to RMB 6 billion funds to invest in an equity investment fund. m88 sport betting app purpose of m88 sport betting app equity investment fund was to make equity investment. JunHe assisted m88 sport betting app client in founding m88 sport betting app trust, drafting transaction documents and providing legal opinions with respect to m88 sport betting app compliance of m88 sport betting app trust scheme.
