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Baker & McKenzie Advises on the Formation of COLI/ICBC Harmony China Real Estate Fund.

12 March, 2012

 

 

Baker & McKenzie advised COLI ICBCI China Investment Management
(Cayman Islands) Limited on the formation of Harmony China Real Estate Fund II, L.P. (“Harmony Fund II”), a co-sponsored private equity real estate fund focused on real estate investment and development opportunities in China. Harmony Fund II successfully raised US$230 million at its first closing in October 2011, and aims to raise further capital up to a maximum of US$500 million.
 
COLI ICBCI China Investment Management (Cayman Islands) Limited is a joint venture investment management company owned and managed by the joint sponsors China Overseas Land & Investment Limited (“COLI”) and ICBC International Investment Management Limited (“ICBCIIM”).
 
Harmony Fund II is the successor fund to Harmony China Real Estate Fund, L.P. (“Harmony Fund I”), a US$286.6 million China-focused private equity real estate fund jointly sponsored by COLI and ICBCIIM. Harmony Fund I was established in March 2010 and is now fully invested. Baker & McKenzie also acted as fund counsel and advised on the formation of Harmony Fund I. 
 
The Baker & McKenzie team was led by Hong Kong-based corporate partner Jason Ng.
 
 
For further information, please contact:
 
Jamie Kar, Baker McKenzie
jamie.kar@bakermckenzie.com
 

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