Recently, JunHe assisted CDH Investments’ mezzanine team (“CDH Mezzanine”) in establishing its maiden special situation investment fund, with a total capital commitment of over RMB2 billion.
As the legal counsel to CDH Investments, JunHe participated in the preparation, establishment and fundraising of the special situation investment fund. This included assisting the client in designing and optimizing the fund structure, drafting a full set of legal documents for the establishment of the fund, assisting the client in negotiations with fund investors, conducting investor suitability scrutiny and assisting with the closing of the fund. JunHe’s team managed the risk preferences and commercial demands of the different fund partners and balanced and coordinated the interests of all parties. JunHe’s professional, rigorous, pragmatic and efficient style was on full display throughout the course of this project.
After a decade of innovation, CDH Mezzanine has formed a new parallel of multi-strategy mezzanine master funds plus industry sub-funds. Currently, CDH Mezzanine is managing three mezzanine master funds and two industry sub-funds, with an asset management scale of around RMB 20 billion. Their investments focus on IDC-oriented new infrastructure, new energy, single project reorganization, pensions and urban renewal.