Kirkland Advises Bain Capital on its $250 Million Joint Venture with DNE for China New Economy Infrastructure
Kirkland & Ellis represented Bain Capital on its formation of a $250 million manufacturing park joint venture for new economy infrastructure (“JV Platform”) with DJ New Ease Group (“DNE”), a leading new economy infrastructure investor, developer and operator in China. The JV Platform will focus on the development and operation of modern manufacturing parks in China’s core economic hubs. The seed assets of the JV Platform are distributed across China’s leading manufacturing hub, the Yangtze River Delta. DNE will serve as the project manager for the collaborative platform, while Bain Capital will act as the strategic investor.
Read Bain Capital and DNE’s joint announcement
The Kirkland team was led by corporate partners Paul Guan and Pierre Arsenault, with support from corporate partner Eugenie Hui. Government, regulatory & internal investigations partners Cori Lable and Yue Qiu advised on the compliance matters related to the transaction; antitrust & competition partner Paula Riedel advised on global antitrust matters related to the transaction; and tax partner Mike Carew advised on U.S. tax matters related to the transaction. The transaction was also supported by litigation partners Fergus Saurin and Tiana Zhang.