ORIX Corporation’s US$60 million investment in the holding company of Dianrong


Latham & Watkins advised ORIX Corporation (ORIX) on its US$60 million investment in the holding company of Dianrong (Dianrong) through ORIX Asia Capital (OAC), its wholly owned investment vehicle in the Greater China region.

Founded by Soul Htite, co-founder of LendingClub (LC), the first and largest Peer-to-Peer lending platform in the US, Dianrong is a leading online marketplace connecting millions of borrowers and lenders from China.

Founded in 2012, Dianrong offers small businesses and individuals a comprehensive, one-stop financial platform supported by cutting-edge proprietary artificial intelligence and blockchain technologies.

The Latham & Watkins team was led by Hong Kong partner Frank Sun (picture), with associates Jenny Qi and Nelson Tai.

Involved fees earner: Frank Sun – Latham & Watkins; Jenny Qi – Latham & Watkins; Nelson Tai – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: ORIX Corporation;

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Author: Michael Patrini