Weil Gotshal & Manges

Hong Kong

IFLR1000 Reviews

Financial and corporate

Weil Gotshal & Manges is a New York-headquartered international law firm with Asia offices in Hong Kong, Shanghai and Beijing. 

The firm is best known for its high-end private equity practice and accompanying leveraged finance practice. It is the go-to law firm for take-privates of US-listed Chinese companies and has strong expertise in the consumer goods and technology, media and telecommunications industries.

Key clients of the firm include Taobao China Holding, Huanxi Media Group, TPG Capital Asia, Primavera Capita, MBK Partners, SoftBank Vision Fund and Anchor Equity Partners.

In the research period the firm kept busy with take-private mandates, spin offs, joint ventures, stake acquisitions and acquisitions in the technology, real estate and insurance sectors. It also assisted its clients in investments and various rounds of funding. 

Weil’s Asia finance team experienced a significant change in leadership in October 2019 following Soo-Jin Shim’s departure for personal reasons. Partner Daniel Abercromby joined the firm from Kirkland & Ellis to head its banking and finance team.

Deal highlights

-Alibaba Group $2 billion acquisition of Kaola

-eHi Car Services $1.8 billion take-private

-iKang Healthcare Group $1.1 billion take-private

-SoftBank Vision Fund $2 billion investment in Coupang

 

-TPG and Ontario Teachers’ Pension Plan Board $489 million acquisition of 35% stake in Dream Cruises