Dentons advises Tuspark on the China-Luxembourg Innovation Investment fund

en

Dentons has successfully advised TUS Science and Technology Service Group (TUS S&T) on the launch of its Innovation Investment Fund (CLIIF) – the first Chinese equity fund domiciled in Luxembourg to support innovative and fast growing businesses

<< Back
10/05/2019 |
  • Zhang Shaohui external

    Shaohui Zhang, Partner and head of the Europe China desk

CLIIF was launched on April 26, 2019. A signing ceremony took place at Banque Internationale de Luxembourg (BIL) headquarters, witnessed by HE Mr. Changqing Huang, Ambassador of the PRC in Luxembourg and Mr. Marcel Leyers, incoming CEO of BIL Group, and more than 50 high level representatives from Luxembourg government, Luxembourg for Finance, Luxembourg Stock Exchange, European branches of Chinese banks and Chinese enterprises, and related Luxembourg financial industries.

In 2018, Tus Science & Technology Services Group, a subsidiary of Tus-Holdings, Zhengzhou Airport Economy Zone, and Zhongyuan Yuzi Investment Holding Group signed a cooperation agreement on the fund aimed to create a platform under the Luxembourg-Zhengzhou “Silk Road by Air” initiative. TUS S&T will help enhance the connection between China and Europe, with the support of the global innovation network of Tus-Holdings and TusPark.

Dentons Corporate partner, Shaohui Zhang, commented: “As China's business relationship with Luxembourg is rapidly evolving, many financial institutions, multinational companies, and fund management companies are looking to Luxembourg as an ideal gateway into the European market.”

Dentons provided legal advice on the establishment and structuring of the fund. The team was co-led by Corporate partner Shaohui Zhang, Head of the Europe China Desk, partner Eduard Koster, Head of the Investment Funds practice team in Luxembourg, and Frédéric Feyten, Luxembourg Managing Partner and Head of the Tax practice. The team also included Tax managing counsel Jean-Dominique Morelli and Investment Funds associate Bruno Hrovat.

Back to top  | << Back

Communiqués liés

Portnoy Elliott photo
08/08/2019 Partenariat

The world's largest law firm to combine with an elite firm i...

Dentons' combination with Lee International will uniquely position the firms to ...

Dentons
Hadet Stephane
27/06/2019

Dentons advises Nuveen Real Estate on the refinancing of Ber...

Global law firm Dentons advised Nuveen Real Estate as borrower on the refinancin...

Dentons
Luxembourg
04/06/2019

Dentons expands its interactive Whistleblower Systems tool t...

Dentons, the world’s largest law firm, has expanded its online comparative Whi...

Dentons
Zhang Shaohui external
10/05/2019

Dentons advises Tuspark on the China-Luxembourg Innovation I...

Dentons has successfully advised TUS Science and Technology Service Group (TUS S...

Dentons
Brand-14078- Investing in renewable energy 2019 thumbnail - high resolution
11/04/2019

Investir dans les énergies renouvelables en Europe

Dix ans après la promesse de l'Union européenne de produire 20% de son énergi...

Dentons
Eduard Koster High Resolution
09/04/2019 Personnalités

Dentons announces the promotion of 25 new partners in Europ...

Pawel Hermeli?ski and Eduard Koster newly promoted partners in the Luxembourg of...

Dentons

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more