NEW YORK & BEIJING--(EON: Enhanced Online News)--Global law firm Proskauer announced today that Yong Ren has joined the firm’s global Private Investment Funds group as a partner, resident in the Beijing office. Mr. Ren’s extensive private equity fund formation experience, representing both general and limited partners throughout Asia, will further expand the reach of Proskauer’s preeminent private investment funds practice and presence in Asia.
“Asia continues to be a priority market for us as well as our multinational client base, and expanding our team in Beijing underscores our deep, long-term commitment to the region.”
Mr. Ren represents clients in all aspects of private investment funds from formation to management and compliance. He joins Proskauer from Mayer Brown LLP where his practice focused on representing private equity, hedge funds, funds of funds, venture capital, distressed opportunities, mezzanine, and real estate firms in the United States, Asia and Europe. He also advises China-based general partners on the establishment of dollar-denominated offshore funds and RMB-denominated funds and counsels on related regulatory matters that affect the day-to-day operation of the funds in China as well as on downstream investments.
“We are delighted to welcome Yong to the firm,” said Proskauer Chairman Joseph M. Leccese. “Asia continues to be a priority market for us as well as our multinational client base, and expanding our team in Beijing underscores our deep, long-term commitment to the region.”
“Yong is a terrific addition to our funds practice,” said David W. Tegeler, Co-chair of the Global Private Investment Funds Group. “Structuring funds and investments focused on Asia is an area poised for growth, and given Yong’s deep knowledge and broad-based industry experience, he is a perfect complement to our global platform and dynamic team.”
Proskauer’s Beijing and Hong Kong offices handle all types of corporate matters, including mergers & acquisitions, fund structuring and management, private equity and venture capital transactions, private equity real estate, capital markets, foreign direct investments and joint ventures. The team is comprised of practitioners with extensive and in-depth understanding of the laws and regulations of the People's Republic of China and Hong Kong and their interaction with laws of other jurisdictions. These capabilities are critical for advising on the cross-border transactions of the firm's clients in the region.
Yuval Tal, head of Proskauer’s Hong Kong office, stated, “Yong’s significant expertise in private equity investments and local regulatory issues will further strengthen our Asia offering and ability to advise a wide range of corporate clients. We look forward to his valuable contributions as we continue to grow our regional practice in the years ahead.”
Prior to Mayer Brown, Mr. Ren was a lawyer in the New York offices of Simpson Thacher and Ropes & Gray. He received a JD from Yale Law School and a BA and MA in English from Nankai University in Tianjin, China. He is fluent in Mandarin and English and admitted to practice law in New York.
Proskauer’s Private Investment Funds Group is one of the most widely recognized in the world – a dynamic, interdisciplinary team of lawyers that offers a complete package of services to the industry. The group advises many of the world’s most active sponsors and managers in structuring funds as well as advising institutional investors in their alternative investment programs and advising sellers, intermediaries and buyers in all types of secondaries transactions.
Founded in 1875, Proskauer is a global law firm serving clients’ critical legal needs from offices in Beijing, Boca Raton, Boston, Chicago, Hong Kong, London, Los Angeles, New Orleans, New York, Newark, Paris, São Paulo and Washington, DC. Additional information about the firm can be found at www.proskauer.com.