Ching Yeung (Frances) Yu

Frances’ experience includes advising:

• A consortium led by Starwood Capital Group, Sixth Street, and SSW Partners on the proposed US$7.1 billion take-private of ESR Group Limited by way of a scheme of arrangement from the Hong Kong Stock Exchange. This deal represents the largest privatization from the HKEX since 2021
• EQT Asia and CPP Investments on the US$14.5 billion sale by EQT Asia and CPP Investments of Nord Anglia Education to a consortium formed by Neuberger Berman Private Markets, EQT Asia, and CPP Investments
• ARA Asset Management Limited (ARA), the largest real assets manager in Asia Pacific, on a US$5.2 billion business combination of the ARA Group with ESR Cayman Limited to become APAC’s leading real asset manager and the third largest listed real estate investment manager globally
• Warburg Pincus on the strategic merger of two of its existing portfolio companies, D&J China and New Ease China, two of the leading new economy infrastructure platforms in China, and its related equity financing
• Primavera Capital as lead investor in the Series C financing round of LoveBonito Holdings Pte. Ltd., a Southeast Asia’s omnichannel womenswear brand
• Princeton Digital Group Limited on the US$360 million equity investment led by Ontario Teachers’ Pension Plan Board, with Warburg Pincus, which has been the largest institutional investor of PDGL
• A consortium comprising TPG, Singapore Life (SingLife), Sumitomo Life Insurance Company, and others on a transaction to combine SingLife with Aviva Singapore — which, with a combined valuation of SGD3.2 billion, marks one of the largest mergers in the insurance sector in Southeast Asia and the largest in Singapore
• HLT Healthcare, a joint venture created by TPG Capital and Hong Leong, on the acquisition of Columbia Asia Healthcare, a Malaysia-based healthcare company that operates 17 hospitals and a clinic across Malaysia, Indonesia, and Vietnam
• Warburg Pincus on its acquisition of minority stake in ARA Asset Management Holdings Pte. Limited from AVICT Dragon Holdings Limited
• Charoen Pokphand Foods Public Company Limited on the C$498 million acquisition of Hylife Investments Ltd.