Lake Bleu Capital’s US$560 Million Fundraising

Ashurst advised Lake Bleu Capital on the deal.

Lake Bleu Capital (Hong Kong) Limited established LBC Sunshine Healthcare Fund II L.P., which raised US$560 million in a single closing for investing in growth and late stage, pre-initial public offering healthcare companies in Asia, with a particular focus on Greater China.

The transaction took place at a time when the Covid19 pandemic is creating enormous investment opportunities in the healthcare sector, particularly in China, the most populated country in the world.

The Ashurst team was led by partner Dean Moroz (Picture), supported by partners Ben Hammond, Melody He and Margaret Sheehan, and lawyers Colin Hung, Roger Dong, Michelle Tsang, Jerrold Au and Anna He.

Involved fees earner: Roger Dong – Ashurst; Ben Hammond – Ashurst; Melody He – Ashurst; Colin Hung – Ashurst; Dean Moroz – Ashurst; Margaret Sheehan – Ashurst; Michelle Tsang – Ashurst;

Law Firms: Ashurst;

Clients: Lake Bleu Capital ;

Avatar

Author: Michael Patrini