Angelyn Lim is a partner in the financial services group of the Hong Kong office and leads the firm’s Asian financial services practice. She advises on the establishment of investment products (including unit trusts, private equity, hedge and mutual funds) and their authorization for public distribution in Hong Kong.
She also advises banks and trust companies on custodial and restructuring issues; and industry participants on Hong Kong regulatory and compliance issues, including private placement issues, intermediary licensing requirements, securities disclosure of interests, and internal control and compliance issues. These participants include a number of large US and European private equity funds as well as the asset management arms of PRC banks.
Ms. Lim has been consistently recognized as a leading investment funds lawyer in all the legal guides, which have highlighted her as being ‘superb’, 'proactive', 'very experienced, knowledgeable and client-oriented', 'good at keeping her eye on the commercial ball’, and with a ‘deep understanding of the Hong Kong regulatory environment’. Recently Ms. Lim was selected by senior inhouse corporate counsel in Asia Legal Business Magazine’s Client Choice Hot 75 Survey 2013 as one of the top 75 legal practitioners in Asia, in which she was cited as being “responsive, creative, and possessing a great problem solving and business sense”. Ms. Lim is also the winner of the 2013 International Law Office Client Choice Award in the Hong Kong Banking category for her work in financial services.
Ms. Lim speaks English, Mandarin, French, and Malay.
Recent matters on which Ms. Lim has advised include representing:
- A prominent PRC investment financial services provider in the formation of a platform of Cayman Island feeder funds into third party funds.
- The investment arm of a Big Four PRC bank in its establishment of a Cayman Island private equity fund structured as a limited partnership, together with other significant PRC state-owned enterprises and sovereign wealth funds.
- A regional development bank in its establishment of offshore private equity funds.
- Sizeable PRC interests in the establishment of a US$300 million private equity fund and an investment club.
- A Japanese asset manager in its establishment of a US$1.5 billion BVI-domiciled hedge fund and on-going restructuring issues.
- A Japanese venture capital group in its establishment of 2 Cayman Islands limited liability partnerships raising, in aggregate, US$300 million.
- A Japanese bank in its establishment of a proprietary private equity fund.
- The asset management arms of a number of global insurance companies and other significant global asset managers in their establishment and/or authorization in Hong Kong of a range of retail funds, and in relation to on-going Hong Kong securities regulatory issues.
- A global asset manager in an investigation by the Hong Kong Securities and Futures Commission into its internal control and other operational procedures.
- The largest independent financial advisor in Hong Kong in its establishment of a retail fund distribution platform.
- Numerous overseas-based managers on Hong Kong securities regulation including on private placement rules, intermediary licensing, the securities disclosure of interests regime, and compliance and internal control issues.
National University of Singapore, LL.B.
England and Wales
The Law Society of Hong Kong
The Law Society of Singapore
The Law Society of England and Wales
Executive Committee of the Hong Kong Trustees' Association Limited
Joint Committee on Trust Law Reform
Publications and Lectures
Ms. Lim is also the co-author of the Hong Kong chapter of the PLC Handbook on Investment Funds
and various Hong Kong law financial services-related articles.