Jason Zhao advises clients on private equity transactions and cross-border mergers and acquisitions, with a particular focus on the Greater China market.  

Jason draws on extensive experience practicing in both China and the US to guide private equity funds and corporate clients on a broad range of corporate deals, including:

  • Control acquisitions
  • US going-private transactions
  • PIPEs
  • Growth capital investments 
  • Joint ventures

Jason has served on the firm’s Training and Career Enhancement Committee and Mentoring Committee.

Before joining Latham, he worked at another leading global law firm. 

Jason’s recent representative experience includes advising:

Control Acquisitions

  • Fedrigoni, a global manufacturer in specialty papers for luxury packaging and other creative applications, on acquiring a majority stake in BoingTech, a subsidiary of Shanghai Inlay Link Inc (a NEEQ-listed Chinese holding company) and pioneer in manufacturing RFID inlays and tags
  • Ares Management on acquiring Crescent Point Capital, a Singapore-based private equity firm
  • Trustar Capital, formerly CITIC Capital Partners, and its affiliate on acquiring Salion Food Condiment Company Limited, a manufacturer of condiments and seasonings, with its principal business in China
  • MBK Partners Fund V, L.P. on the US$950 million acquisitions of ocean parks across China from Hong Kong-listed hospitality group Haichang Ocean Park Holdings Ltd. 
  • Everbright Securities on purchasing 30% of the shares of Sun Hung Kai Financial Group Limited held by Sun Hung Kai & Co. Limited, with total consideration of HK$2.4 billion
  • The general partner of a multibillion dollar private equity fund on its self-tender offer to restructure the fund for a potential IPO*
  • A group of private placement noteholders on an out-of-court restructuring of Savers, one of the largest thrift store operators in the US and Canada*
  • Jiangxi Copper on acquiring three copper mines in Albania*
  • A Chinese state-owned enterprise (SOE) on acquiring a tungsten mine in Kazakhstan*
  • Lukoil on selling energy assets in Kazakhstan to Sinopec*
  • A Russian oil company on selling energy assets in Iraq to a Chinese SOE*
  • A US investment firm on its bid for certain oil and gas assets in the Eagle Ford*
  • A US investment firm on its bid for certain oil and gas assets in Oklahoma*
  • A US utility company on its bid for certain pipeline assets in Pennsylvania*

Public M&As and PIPES

  • Trustar Capital, formerly CITIC Capital Partners, as a major member of the buyer consortium on the US$4.76 billion privatization of US-listed China Biologic Products Holdings Inc., a developer of plasma-based therapies
  • CICC as a member of the buyer consortium in the US$126 million privatization of Genetron Holdings Limited, a leading precision oncology platform company in China
  • A buyer consortium led by Mr. Bing Zhang, the chief executive officer and chairman of Glory Star New Media Group Holdings Limited (GSMG), on the proposed going-private of GSMG
  • Aspex, as a member of the buyer consortium, on the privatization of US-listed New Frontier Health Corporation, operator of the premium healthcare services provider United Family Healthcare 
  • Aspex Management, as lead investor, on the pipe investment in conjunction with a de-SPAC merger between an Asian-sponsored SPAC and a North America-based biotech company
  • CPPIB on its US$100 million investment in Hutchison China MediTech Limited, an innovative biopharmaceutical company in China dual-listed on the London Stock Exchange’s AIM market and the Nasdaq Global Select Market
  • Tencent on:
    • Acquiring a controlling stake in Huya, a New York Stock Exchange-listed leading Chinese game live-streaming platform
    • Its proposal for Huya to enter into a stock-for-stock merger with DouYu International, of which Tencent is the largest shareholder; Huya and DouYu are both US-listed and the two largest game live-streaming platforms in China
    • Selling a stake in NIO, a China-based company engaged in researching, developing, and manufacturing premium smart electric vehicles, by Image Frame Investment (HK) Limited, a Tencent affiliate

Growth Capital and Venture Capital Investments

  • Temasek, as one of the lead investors, on the US$110 million funding round for Animoca Brands, a Hong Kong-based game software company
  • Primavera Capital on:
    • The Series C financing round of LoveBonito Holdings Pte. Ltd, a Southeast Asia’s omnichannel womenswear brand, as lead investor
  • The US$88 million Series B financing of Hex Trust, an Asia-focused crypto custody provider
  • Beijing Kuaishou Technology Co., Ltd. on its US$3 billion Series F financing from a group of Tencent-led international and Chinese investors
  • Tencent Music Entertainment Group on its minority investment and business cooperation with Wave XR, a US-based virtual concert company that assists artists in live performance avatar creations

General Corporate

  • A number of US-based religious congregations on their civil configuration*
  • A US fashion trade show organizer on its proposed joint venture with a Chinese SOE*
  • Far East on its gas joint venture project with a Chinese SOE, CUCBM*
  • A US multinational food company on sourcing renewable energy in China*

*Matter handled prior to joining Latham 

Bar Qualification

  • New York

Education

  • LLM, College of William & Mary
  • LLM, Queen Mary, University of London
    Distinction

Languages Spoken

  • Chinese (Mandarin)
  • English