Ranking tables
Investment Funds: Private Equity (International Firms) | Greater China Region
China
Rankings overview for Departments
Band 1
Band 2
Band 3
- A&O Shearman 15 Years Ranked
- Clifford Chance 15 Years Ranked
- Ropes & Gray LLP 14 Years Ranked
- Morrison Foerster
- White & Case LLP
All Departments profiles
Band 1
1 Debevoise & PlimptonInvestment Funds: Private Equity (International Firms)2025 | Band 1 | 15 Years RankedDebevoise & Plimpton is a pre-eminent private equity funds practice which acts from a strong base in Hong Kong. It attracts instructions from an enviable roster of clients in relation to the formation of Asian venture capital, growth and buyout funds as well as private credit funds. The team is expert in high-value and complex structuring, including comprehensive solutions to international investment issues. The team is also experienced in the formation of Renminbi-denominated funds and advising on secondary transactions.
1 Gibson, Dunn & Crutcher LLPInvestment Funds: Private Equity (International Firms)2025 | Band 1 | 7 Years RankedGibson, Dunn & Crutcher has market-leading expertise in the formation of high-value private closed-end funds, including private equity funds such as growth, buyout and venture capital, as well as credit and real estate. The firm has a proven cross-regional capability, with fluency in Mandarin, Korean and Japanese.
1 Kirkland & EllisInvestment Funds: Private Equity (International Firms)2025 | Band 1 | 15 Years RankedKirkland & Ellis's private equity powerhouse advises top-flight clients on the formation, funding and closing of funds across a spread of target industry sectors, including healthcare, consumer goods, technology and life sciences. The team also acts on the raising of real estate and credit funds and assists in secondary transactions. The team is adept at advising international clients with a focus on investment in China and able to draw on the firm's global presence to further assist clients.
1 Simpson Thacher & BartlettInvestment Funds: Private Equity (International Firms)2025 | Band 1 | 15 Years RankedThe prominent investment funds practice at Simpson Thacher & Bartlett acts for leading private equity houses on the formation of Asian private equity and real estate funds across a spectrum of industry sectors. The firm is active across the region and particularly noted for its work on Japan-focused funds, working in tandem with its Tokyo office. The team also advises large multinational corporates debuting in the funds space.
Band 2
2 Baker McKenzieInvestment Funds: Private Equity (International Firms)2025 | Band 2 | 14 Years RankedBaker McKenzie's investment funds team is commonly selected by asset management clients seeking to establish large private equity funds, with particular expertise in real estate strategies. The team handles mandates for the formation and management of MPFs and REITs. The team additionally acts for leading institutional investors with regard to high-value investments into funds.
2 King & Wood MallesonsInvestment Funds: Private Equity (International Firms)2025 | Band 2 | 13 Years RankedThe investment funds practice at King & Wood Mallesons is acknowledged for its significant experience advising key clients on the formation of real estate and infrastructure funds, adding further depth to its extensive Asia-Pacific offering. The firm possesses a well-established China practice which provides services related to both inbound and outbound investment. Its sector experience includes technology, healthcare, energy, logistics and media. The team demonstrates further expertise in registered funds such as ETFs and mutual funds.
2 Sidley AustinInvestment Funds: Private Equity (International Firms)2025 | Band 2 | 15 Years RankedSidley Austin's outstanding funds team offers a full suite of formation and management expertise across the life-cycle of open and closed-end funds. The firm is held in particularly high esteem for its presence in the hedge fund sphere, spanning formation, buyouts, spin-offs and tokenised funds. The firm also offers expertise advising on closed-end private equity and real estate investment platforms. The team is very experienced in cutting-edge regulatory matters, including those governing investments into digital assets.
2 Skadden, Arps, Slate, Meagher & Flom and AffiliatesInvestment Funds: Private Equity (International Firms)2025 | Band 2 | 8 Years RankedSkadden's investment funds practice advises on a broad array of private equity fund mandates, acting for a full roster of Chinese clients on fund formation and operation matters, as well as advising on regulatory compliance. The team is active on the formation of venture capital funds and able to assist LPs with investments into funds. The team is also proficient across a range of strategies including debt, joint venture, growth and buyout.
Band 3
3 A&O ShearmanInvestment Funds: Private Equity (International Firms)2025 | Band 3 | 15 Years RankedA&O Shearman's investment funds group maintains a strong track record for closed-end funds, including private equity funds and venture capital funds, acting for clients on investments into funds in addition to fund formation. The team is frequently called on by sovereign wealth funds and investment banks on investment mandates. The team has extensive experience with alternative asset class and cross-border fund work.
3 Clifford ChanceInvestment Funds: Private Equity (International Firms)2025 | Band 3 | 15 Years RankedClifford Chance remains a preferred fund formation counsel for a roster of top-flight clients. The team has a comprehensive offering, with high-quality expertise in hedge, private equity and real estate funds. The team has further experience providing counsel on regulatory and securities matters, and it is well versed in advising on high-stakes, high-value matters with a regional focus. The firm also advises LP clients with regard to high-value investments into funds. The team is often called upon by PRC-side clients for private equity matters, and its recent mandates cover the infrastructure, healthcare, technology and energy sectors.
3 Ropes & Gray LLPInvestment Funds: Private Equity (International Firms)2025 | Band 3 | 14 Years RankedRopes & Gray's investment funds team possesses leading expertise in advising LPs on investments into private equity funds, such as pensions boards and sovereign wealth funds. The firm advises on the setting up of an array of closed-end funds, including private equity, infrastructure and technology funds. The team is also experienced in assisting regional sponsors as well as international clients, and also assists investors with secondary transactions.
Band 4
4 Cooley LLPInvestment Funds: Private Equity (International Firms)2025 | Band 4 | 5 Years RankedThe noted private equity practice at Cooley is recognised for its acumen in the venture capital arena, with particular proficiency in technology strategies. The firm is also called upon by private equity houses pursuing growth strategies, and leverages a strong Silicon Valley platform to provide multi-jurisdictional muscle.
4 DLA Piper LLPInvestment Funds: Private Equity (International Firms)2025 | Band 4 | 5 Years RankedDLA Piper holds solid credentials in the hedge fund space, advising on strategy, structuring and capital raising for a range of different platforms. The firm handles both fund launches and spin-offs, with strength in the private equity sphere. Its clients include significant players in financial services and top-tier asset managers, and a wide range of investors from Asia, Europe and the USA who can benefit from the firm's global reach.
4 Stephenson HarwoodInvestment Funds: Private Equity (International Firms)2025 | Band 4 | 1 Years RankedStephenson Harwood actively assists with private equity fund formations and provides advisory services to funds on regulatory compliance in Hong Kong. The firm offers strong expertise in setting up Singapore VCC funds and investment vehicles. It also offers extensive experience in advising fund clients on share redemption, co-investment vehicle formation, buyouts and exit from portfolio investments.