DeHeng Assisted in the Establishment of Tianjin’s First State-Owned Capital S Fund

2024-09-10

Recently, Tianjin’s first private-equity secondary-market fund (S Fund) with state-owned capital participation, the Haitai Collar Fund, was successfully registered and established. The fund is a collaboration between Haitai Capital and the internationally renowned S Fund manager, Coller Capital. This marks the establishment of a private-equity secondary-market investment channel in Tianjin Binhai High-Tech Industrial Development Area and actively contributes to the improvement of Tianjin’s private equity market ecosystem.

The DeHeng team, composed of partners Guo Weifeng, Tang Ruchuan and Wang Yunfeng, provided full-process legal services for the project, including due diligence on the fund manager, design of the transaction structure, and negotiation and review of transaction documents.