Eastern Bell Capital’s $365 Million Fundraising

Kirkland & Ellis advised Eastern Bell Capital on the raising and closing of its first USD fund.

Eastern Bell Capital closed its Eastern Bell Capital Fund I. The Fund has significantly exceeded its target size and increased its original hard cap with aggregate capital commitments of US$365 million.

The Shanghai-based private equity firm Eastern Bell is an ecosystem-based fund concentrating on improving industrial efficiency with supply chain as its core competence and focuses its investments in the logistics, supply chain, retain and brand, and data technology sectors. Eastern Bell Capital managed CNY13 billion of assets as of 31 October 2019.

The Kirkland team was led by investment funds partners Carol Liu (Picture) and Jennifer Feng, and included investment funds partners Michael Chu and Romin Dabir, tax partner Alec Campbell and capital markets partner Paul Zier.

Involved fees earner: Alec Campbell – Kirkland & Ellis; Michael Chu – Kirkland & Ellis; Romin Dabir – Kirkland & Ellis; Jennifer Feng – Kirkland & Ellis; Carol Liu – Kirkland & Ellis; Paul Zier – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Eastern Bell Capital;

Author: Michael Patrini