Kuala Lumpur & Penang · Corporate counsel since 2009
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FUND · Practice area

Private Equity & Fund Investment

From first close to control deals and the exit.

We act for funds and for the companies they back — fund formation and first close, growth and control investments, and the eventual realisation. We know what institutional money needs to see, and how to give it to them without over-lawyering.

Private-equity and venture money comes with expectations: a clean structure, enforceable governance, defined economics and a credible path to a return. We help managers raise and deploy capital and help portfolio companies take it on terms they can live with, sitting on whichever side of the table the mandate requires.

What we do

  • Fund formation and structuring, limited-partnership and management arrangements, and first close
  • Growth-equity and control investments, and the governance that comes with them
  • Management buy-outs, buy-ins and founder liquidity/secondary transactions
  • Portfolio-company documentation, follow-on rounds and bolt-on acquisitions
  • Co-investment and consortium arrangements
  • Exit and realisation — trade sales, secondaries and listings

Typical matters

  • Sponsor-side counsel to a private-equity firm on a RM240m control investment in an F&B franchise platform.
  • Fund counsel to a first-time venture manager on structuring and first close.
  • A management buy-out with a rollover of founder equity into the new structure.
  • A bolt-on acquisition by a portfolio company, funded by the sponsor.

Who it is for

Private-equity and venture funds, fund managers raising a first vehicle, and companies taking institutional investment.

How we charge. Fund-formation and transaction work is scoped and estimated at the outset; portfolio work is often handled under a relationship arrangement with the sponsor.
Questions

Frequently asked

We are raising a first fund — where do we start?

With the structure and the economics: where the fund sits, how the management company and carry are arranged, and what your anchor investors need. We prepare the core documents and help you get to a credible first close, then support each drawdown and investment. First-time managers benefit most from getting the structure right before the fundraising conversations get serious.

How is a control deal different from a venture round?

A control investment usually involves majority ownership, a full suite of governance and management arrangements, and often leverage — closer to an M&A deal than a minority venture round. Diligence is deeper and the completion mechanics more involved. We run it as the acquisition it effectively is.

Speak to us

Have a private equity question?

Whether you are incorporating, raising a round, buying a business or heading for an exit, the first conversation is on us. Send a short outline and the right partner will respond within one working day.

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