Mack Wan

Secondary Transactions

• HarbourVest Partners and LGT Capital Partners as lead investors in a c.US$700 million single-asset continuation vehicle managed by ChrysCapital, which acquired ChrysCapital VI’s stake in the National Stock Exchange of India
• PAG on its GP-led tender offer process across multiple flagship fund vintages
• TPG NewQuest in the acquisition of a portfolio of Indian investments from Capital Group including a management team rollup
• TPG NewQuest as lead investor into a multi-asset continuation fund of education assets sponsored by Navis Capital
• Aquilius Investment Partners as lead investor into a multi-asset continuation fund managed by an Asia based real estate sponsor
• Cathay Life Insurance on the disposal of limited partner interests across multiple sale processes, with a combined transaction value of approximately US$4 billion
• Azalea on the transfer LP interests from Temasek to Azalea under multiple processes, with a combined transaction value of approximately US$6.3 billion
• HarbourVest Partners in the acquisition of portfolio of LP positions from an European pension fund
• Court Square Capital Management on the completion of a single-asset continuation fund to continue its partnership with PlayCore Group
• Madison India on the secondary direct acquisition of Indian investments from various sellers, including Chiratae Ventures
• Frontenac on the close of its oversubscribed single-asset continuation fund investing in Motion & Control Enterprises, with Churchill Asset Management and 50 South Capital as lead investors
• Ardian on the acquisition of a portfolio of LP interests from Asia-based seller
• Fubon Life on the US$530 million sale of LP interest to multiple buyers
• Cross Ocean Partners on acquisition of portfolio of LP interests from various European sellers

Fund Formations

• Represented EMR Capital in the formation of its Fund III
• Represented TPG NewQuest in the formation of its Fund V
• Represented Edelweiss in the formation of its Infrastructure Yield Strategy Fund, Special Asset Fund and Special Opportunity Fund
• Represented Clifton Partners in the formation of its Fund I
• Represented HOPU Magnolia in the formation of its Fund I

Dechert LLP, Hong Kong

Gilbert + Tobin, Sydney