Deals and Client Wins Maples Group Supports US$300 Million China-focused Logistics Fund
24 Dec 2020
Maples and Calder, the Maples Group's law firm, was pleased to advise the logistics arm of CITIC Capital Holdings Limited ("CITIC Capital"), CCRE China Logistics Limited ("CCRE China") on the set up of CC SF China Logistics Properties Investment Fund, L.P. ("the Fund") with Prosperity Sino Limited ("Prosperity Sino"). The Fund which completed on 30 October 2020 was valued at approximately US$300 million and will be invested in logistics properties in China's top-tier cities and others.
CITIC Capital, founded in 2002, is a Hong Kong-headquartered global alternative investment management and advisory company that manages over US$30 billion of capital from a diverse group of international institutional investors. The firm currently employs over 300 staff members throughout its offices in Hong Kong, Shanghai, Beijing, Shenzhen, Tokyo and New York.
S.F. Holding Co., Ltd. （"S.F. Holding"） headquartered in Shenzhen, China, is the parent company of Prosperity Sino. The company is one of China’s leading comprehensive service providers of express logistics, which provides domestic and international integrated and comprehensive logistics solutions and logistics services including warehousing management, sales forecasting, big data analysis, and financial management. After completing a major asset restructuring, S.F. Holding was officially renamed and listed on the Shenzhen Stock Exchange in 2017. It is a constituent of SZSE 100 Index.
This is not the first time CITIC Capital and S.F. Holding have joined hands with the two company's forging a number of long-term partnerships over the past number of years.
A team based in the Group's law firm in Hong Kong advised on this transaction and was led by Ann Ng, a Partner in the Funds & Investment Management practice, and assisted by Associate Anna Chen.
Maples and Calder (Ireland) LLP, the Maples Group's law firm in Ireland, is pleased to announce the addition of Lorna Smith who joins the firm as a Partner in its Financial Services Regulatory practice.Read more
13 Jan 2021
The Maples Group is pleased to support the Leon Levy Foundation, a private philanthropic foundation with US$450 million in assets. The Group's consolidated operational and technology platform for data aggregation, portfolio accounting and portfolio reporting and customized support has allowed the Leon Levy Foundation to meaningfully analyze its investments in a timely manner while better understanding the strategies to which it has allocated capital.Read more
12 Jan 2021
Maples and Calder, the Maples Group's law firm, is pleased to announce that its Asia practice has been recognised for its role in advising on seven of the transactions listed as Deals of the Year 2020 by China Business Law Journal ("CBLJ"). Additionally, Anthony Webster, Partner and head of the Funds & Investment Management team in Hong Kong and Matt Roberts, Partner and head of the Corporate practice in Asia were recognised on CBLJ's A-List.Read more
12 Jan 2021
The Maples Group was pleased to act as Cayman Islands counsel to Xiaomi Corporation in relation to its combined issue of US$855million zero coupon guaranteed convertible bonds, due 2027 and convertible into class B ordinary shares of Xiaomi Corporation under general mandate and approximately US$3.1billion subscription of placing of existing shares and top-up subscription of shares under general mandate.Read more
18 Dec 2020
The Maples Group's Dublin and London Offices are proud to announce that together they have selected Barnardo's UK and Barnardos Ireland for a special Christmas donation.Read more
17 Dec 2020