DeHeng Assisted Shanghai STVC Group’s First M&A Fund in Its Debut

2025-05-26

Recently, the first specialized M&A fund under Shanghai STVC Group, Chenyao Xincheng Fund (managed by Shanghai S&T Venture Capital Co., Ltd.), completed its first round of fundraising and its debut M&A. The initial fund size is approximately RMB 310 million, with LPs including listed companies, state-owned enterprises, and private equity funds.

The DeHeng team, with primary support from lawyers Yang Min and Tang Mu, represented the fund manager in providing full-process legal services, including fund structure and scheme design, regulatory policy and legal consulting, drafting/reviewing and amending fund documents, and assisting with fund closing.