Beijing-based FenXun Partners has recently hired former Skaddens associate Sue Liu as partner. Liu’s main practice areas includes advising clients on fund formation and structuring, and M&As and public listings of asset management firms.
Established in December 2009 and equipped with nine partners and nine lawyers who used to work at US firms like Simpson Thacher, Shearman & Sterling and Debevoise & Plimpton, FenXun aims to become the domestic equivalent of a Wall Street firm.
“The pace of legal and regulatory changes in China and the current global economic doldrums provide a unique window of opportunity for law firm innovation. We want to be distinctive in the perspective, pricing and platform of services we provide to clients in China and we think the current market will reward rather than punish our daring to be different,” said Wang Yingzhe, FenXun’s managing partner, who previously practised as partner at Jingtian & Gongcheng.
The firm focuses on inbound and outbound PE and domestic and overseas public offerings of Chinese companies. It’s expertise in the banking & finance sector has also recently won it the mandate for Central Huijin’s US$8bn bonds issuance. FenXun was not only the sole legal advisor on the deal but also provided brief legal advice to the underwriters – China Development Bank, Agricultural Bank of China, China International Capital and China Galaxy Securities. ALB
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