Fangda assists with the establishment and fund raising of Everbright Belt and Road Green Equity Investment Fund
Tell others about this press release
The press releases published in this section have been uploaded by law firms. Their content has not been appraised or edited by Law.asia, and no responsibility is taken for the accuracy of the information they contain or any misrepresentation therein. For our independent editorial content, please visit our homepage.
Fangda Partners represented Everbright Green Silk Road Investment Management Co., Ltd., as the general partner, to establish the Everbright Belt and Road Green Equity Investment Fund (the “Everbright Green Fund”). The target size of the Everbright Green Fund is RMB 10 billion while its first close size is over RMB 3 billion. China Everbright Group, Everbright Venture Capital (Shenzhen) Co., Ltd., Everbright Environmental Protection (China) Co., Ltd. and Beijing Yizhuang International Investment and Development Co., Ltd. are the first close LPs. Shanxi Financial Holdings Group Co., Ltd. was admitted as a limited in November 2021. The Fangda Team on this deal was led by Partners Flora Qian and Yingjie Wang, team members include Claire Kou, Yolanda Zhang and Cynthia Chen. Fangda is responsible for the deal structuring, drafting, review of transaction documents, and negotiation with potential investors. Everbright Green Fund is sponsored by the Everbright Group and blessed by the General Office of the State Council, the National Development and Reform Commission, the People’s Bank of China, the Ministry of Commerce, the State Administration for Market Regulation and other ministries and commissions.
Join our mailing list for legal news and alerts
Sign up