Maples Group Advises Hahn & Company on its Fourth Korea-focused Fund

Maples and Calder, the Maples Group’s law firm, is pleased to have advised Hahn & Company (“Hahn & Co.”), a Korean private equity firm, on the formation of its fourth Korea-focused buyout fund, Hahn & Company IV. The fund has approximately US$3.4 billion in capital commitments and is reported to be the largest single-country investment fund raised in Asia outside of China.

Founded in 2010, Hahn & Co. is Korea’s largest private equity firm specialising in buyouts and corporate restructurings in Korea, with over US$28 billion invested in over 35 transactions.

A team of Funds & Investment Management lawyers based in the Group’s Hong Kong office acted as Cayman Islands counsel to Hahn & Co.. The team was led by Partner, Sharon Yap and assisted by Of Counsel, Dan Won.

Commenting on the transaction, Sharon said, “This is the biggest fund targeting one country raised in Asia this year. It has been a privilege being able to support Hahn & Co. in this successful fund raise and we look forward to continuing to collaborate with our long-standing client.”

The Maples Group has one of the largest offshore Funds & Investment Management team in the Asia Pacific region with specialist lawyers based in both Hong Kong and Singapore providing on the ground support to investment managers in the region. The team has advised some of the most successful managers in Asia on not only fund launches, but also on high-profile portfolio investments and divestments, secondaries deals and top-tier restructurings.