Fangda Partners' ‘very effective, knowledgeable and efficient’ team has extensive experience in a range of investment fund products and vehicles, including private equity, venture capital, credit and mezzanine funds. The practice also fields experts in hedge and real estate funds, as well as funds of funds, secondary funds and managed accounts (including both RMB and USD fund scenarios). Working across the firm’s Beijing and Hong Kong offices, Richard Guo is a specialist in alternative investment products; and on the mainland, Zhen Chen is a highly-rated investment fund, private equity and investment management expert; and Candy Tang is experienced in private equity fund formation, compliance and asset management. Flora Qian and Yue Zhang are experienced practitioners in Hong Kong.

Highly experienced in investment funds and fund formation, Global Law Office's sizeable team covers private equity and venture capital funds, as well as private funds of funds and sovereign wealth funds. Its sector expertise ranges from pharmaceuticals and healthcare, to life sciences, telecoms, new energy and semiconductors. Yuan Yuan advises global and domestic fund sponsors on structuring and forming private investment funds; while Amy Dai assists with investment funds, private equity, venture capital, fund formation, outbound investments, and M&A. The practice also showcases funds specialist Xianlai Liu; Jinrong Liu, an adviser on fund formation in multiple jurisdictions; Jinghe Wang, who assists private equity investment management institutions with establishing private equity investment funds; and experienced investment fund practitioner Kelly Zhang.

Han Kun Law Offices‘ large investment fund team is routinely mandated to handle RMB and offshore USD fund formations. It also assists institutional investors with regulatory, compliance and tax issues, as well as business structuring. It is additionally experienced in fund formation projects and LP investments in offshore jurisdictions, such as the British Virgin Islands, Cayman Islands, HongKong, Singapore and Delaware. Lu Ran consistently assists with the formation, management and operation of fund entities; while Lin Zhou is a fund formation and asset management expert. Other key figures are Vincent Song, whose broad  practice covers fund formations; Pei Zhao, an adviser to fund sponsors in China; Li Yang, who ‘has extensive experience in RMB fundraising’; and RMB and USD fund formation specialist Jin Qian.

The large professional funds team at King & Wood Mallesons has enviable experience in both RMB and offshore funds, as well as cross-border transactions. The practice additionally covers fund formation and structuring, negotiations with investors, and joint venture, partnership and fund custodian agreements. Beijing office managing partner Mulong Gong, who is also finance and securities group leader, has significant experience in the formation of venture capital, private equity, M&A and special purpose funds, as well as fundraising and investment activities; Alan Du is a highly-regarded fund formation specialist; Zhaoyan Wang‘ track record includes assisting with establishing and investing in funds; Minxiu Wan is an expert in fund formations, investments and exits; and Zhao Hang is an experienced fund formation and investment practitioner.

Covering the full life cycle of private funds’ operations, Zhong Lun Law Firm assists with setting up and registering managers, as well as the formation, operation, management, liquidation and dissolution of funds. It also advises on exits, along with private equity investments and financing. Catherine Chen advises on a range of private equity and venture capital funds; Ping Zhang is a specialist in RMB and USD funds; and Yanchun Zhao has extensive experience in the establishment, investment and compliance of private equity funds. The practice further includes Joey Zhou, whose sector experience encompasses education, medical care, consumer goods, manufacturing, software and AI; fund structuring specialist Yan Liu; and fund formation experts Ursula Li and Yanlun Meng.

DaHui Lawyers' practice covers the entire life cycle of funds, including establishment, investment, maintenance, restructuring, dissolution, and dispute resolution stages. The team is notably experienced in establishing RMB and USD funds, as well as parallel, closed-end, feeder and cross-border funds. Working across the firm’s Beijing and New York offices, Zheng Zha acts for multinational companies and private equity funds on their China-related investments and joint ventures; and Cloud Li's workload encompasses fund formation, investments, exits, liquidations, and fund-related disputes. Also key to the group, Brendon Wu is a private equity and outbound investment specialist; while Gary Li advises on private equity, M&A, foreign direct investment, and general corporate matters.

Jingtian & Gongcheng‘s track record covers RMB, USD EUR, HKD, hybrid and offshore funds, including private equity, venture capital, property, hedge, mezzanine and infrastructure funds. The firm is also home to experts in healthcare, energy, media and entertainment-related matters; and its fund establishment experience covers most of China’s provinces, as well as fund establishment such as the US, Cayman, BVI, Hong Kong, Singapore, and Luxembourg. James Yong Wang is a veteran international private equity, venture capital and investment fund specialist, whose experience includes assisting with the design and implementation of offshore and onshore fund and asset management products; and Junlin Bai advises on onshore and offshore investments.

With ‘extensive experience in fund establishment and fund investments’, JunHe LLP acts for private equity and venture capital funds, funds of funds, secondary funds, and asset management companies. The team is also mandated by banks, government authorities, wealth management institutions, and securities, insurance, state-owned and listed companies; and the group’s expertise covers fundraising, regulatory issues, compliance, liquidations, dissolutions, exits, and day-to-day management. Xiyong Zhao, is a veteran investment fund specialist; Man Wang acts for several national and local government guidance funds; Qing (Natasha) Xie advises foreign financial institutions and institutional investors; Jie Tang's sector expertise covers healthcare, internet, automobile, media, retail, energy and environment; Jiakun Cui has ‘outstanding professional ability’; and Hao Xu advises on RMB private funds.

The asset management practice at Llinks Law Offices acts for domestic fund management companies (and their subsidiaries), along with private equity, venture capital and securities investment funds. The practice also advises trust and securities companies, foreign fund management institutions, and insurance and insurance asset management companies. Sandra Lu heads up the securities investment funds and asset management practice, which features Elva Yu, who assists with setting up asset management products; and Candice Du, an adviser to fund management companies and funds on fund raising, fund establishment, investments, exits, and liquidations. The team further includes mutual and private funds expert Daisy Ding; securities investment fund specialist Sue Sun; and Bingfeng Zhang, who advises on investment funds, private equity and venture capital.

Sitting within the firm’s banking and finance department, AllBright Law Offices' investment funds team advises on the establishment of fund managers, registrations, filings, fundraising, fund management, and exits. Fuzhi Lin's wide-ranging expertise covers private equity investment funds; Yan Chen's experience includes advising state-owned asset and government industry funds; and Chengwei Peng is a fund structuring specialist. Other key practitioners are Congjun Wen, who advises on private equity investments; and private equity and venture capital specialist Peng Zhou.

Haiwen & Partners is routinely mandated by fund sponsors, financial institutions, professional investors, listed companies, sovereign funds, and state-owned enterprises to establish USD and RMB-denominated investment funds, as well as family limited partnership funds, and co-investment funds. The broad expertise of group head Lei Wang covers private equity fund formations, along with M&A, cross-border deals and securities; Shuangjuan Wei advises on funds and asset management; and Xue Tang acts for fund sponsors and institutional investors throughout funds’ life-cycles.

Merits & Tree Law Offices acts for investment institutions and corporate clients on private equity fund manager registrations, fund raising, formations, and filings. The practice also assists with internal governance, compliance, investments and exits; and its sector expertise ranges from healthcare, life sciences, technology, telecoms and internet, to consumer goods, retail, new energy, advanced manufacturing, and aerospace. The practice is led by Feng Zhou, whose track record includes advising private equity management companies on setting up private equity investment funds.

Shihui Partners' 15-strong team acts for investment funds and their general partner sponsors (as well as institutional investors and other limited partners) on fund formations. In addition to the fund group’s niche specialisms in token fund structuring and blockchain work, it focuses on TMT, AI, education, healthcare, retail, new energy and advanced manufacturing. The team is co-led by fund establishment and listing specialist Peizhi Zhao; and Hui Li, an expert in venture capital, private equity, acquisitions and capital markets.

Silkroad Law Firm routinely advises PRC and foreign clients on the formation of onshore funds and asset management products. It also assists with the establishment of offshore funds. The practice’s expertise additionally encompasses registrations, filings, compliance and regulatory matters, along with acquisitions, restructurings and liquidations; while its sector specialisms cover TMT, fintech, hard technology, consumer goods, pharmaceuticals, healthcare, logistics, and real estate. The principal figures are fund formation and asset management experts Haifeng Yang, Xin He and Xiaorui Yang.

The public offering fund team at Tian Yuan Law Firm assists with establishing fund companies and branches, business license applications, fund product registrations, and fundraising. It also advises on operations, liquidations, product design, and compliance issues. Led by Zhu Xiaohui, the group includes Zhou Qian, who advises on funds, investments, financing, and M&A; Wang Wei, whose track record includes designing and establishing fund structures for international and domestic private equity funds; and Cai Lei, a longstanding adviser to major US-dollar funds.