Date Published: 23 July 2020
CNPLaw LLP (“CNP”) acted as lead counsel for the successful launch of Maiora Renewables Fund II (“Fund”), a Cayman Islands domiciled private equity fund with a focus on alternative renewable energy projects predominantly in the Asia Pacific region, in particular, solar power plants in Taiwan.
The Fund is managed by Singapore-based Maiora Asset Management Pte. Ltd. (“Maiora”), which was established in 2010 and focuses on opportunistic investments in structured finance, renewable energy, real estate and private equity. The Fund is the second renewable energy fund launched by Maiora.
Mr Amit R. Dhume, Partner at CNP said:
“Having been involved in the formation of Maiora’s first renewable energy investment fund, we are pleased to once again support Maiora in its launch of the Fund. We have seen growing interest in renewable energy assets in recent years due to a global focus on generating clean energy, and expect that there will be continued demand for such investment opportunities as sustainable energy becomes an even greater priority moving forward.”
The CNP lawyers advising the Fund and the Manager are Amit Ramkrishn Dhume – Partner, Abel Ho – Associate, Goh Wan Shuen – Associate and Joy Tan – Associate, from the firm’s Funds and Financial Services team.
CNPLaw’s Investment Funds Lawyers
Amit’s practice focuses on corporate law, investment funds, mergers and acquisitions and regulatory and compliance matters. He has over 15 years’ experience in these areas of law. Amit’s expertise has been recognised in Legal 500 Asia Pacific, 2020 as “Recommended Lawyer for Corporate and M&A as well as Investment Funds”. In December 2016, Amit was named by Singapore Business Review as one of the 70 most influential lawyers in Singapore under the age of 40.
Wan Shuen is an associate in the Funds and Financial Services team. Her main areas of practice are investment funds and mergers and acquisitions. She regularly assists in the formation and operation of private funds in several jurisdictions, including drafting the full range of fund documentation, as well as the provision of related regulatory advice. She is also regularly involved in other transactional work involving mergers and acquisitions, banking and finance, and employment issues.
Joy is an associate in the Funds and Financial Services team. Her main areas of practice include investment funds, mergers and acquisitions, and corporate law. She assists in the establishment of hedge funds, private equity funds and drafting of the related documentation and also assists in corporate transactions such as cross border M&A and joint ventures in various industries.
We provide legal advisory services to fund managers, investors and investee companies in relation to both open-end funds and closed-end funds that deal with a variety of asset classes and employ different investment strategies including hedge funds, private equity funds, venture capital funds, mutual funds, commodity funds and exchange traded funds.
Private equity can be a viable source of financing for companies that do not wish to increase their leverage. While the introduction of private equity can help take a company to the next level of its development, the competing interests involved can derail the very growth that such transactions are intended to accelerate if they are not properly managed.
With years of experience overseeing private equity transactions (acting for both private equity investors and companies seeking to raise funds), our lawyers have an acute sense of the interests of both sides and are adept at managing investor relations. This ability to put themselves in the shoes of each party enables our lawyers to identify overlapping interests and pre-empt potential areas of conflict on issues such as the management of the company and the degree of investor protection.