Chambers Review
Provided by Chambers
Investment Funds: Hedge Funds (International Firms) - China
What the Team is Known For
Deacons' large funds team is renowned for its mastery of the retail fund market. The firm is much admired for its regulatory expertise and its standout track record in obtaining SFC authorisations for a variety of public funds, including unit trusts, RFQII and UCITS funds. The team is also proficient in the private fund space, particularly with regard to the establishment of hedge funds including knowledge of Hong Kong's OFC regime. The team is experienced in advising fund managers based in Mainland China on investment into Hong Kong, and in dealing with insurance and securities.
Strengths
The team is stable and each member is professional with the nature to put client first. The firm also maintains very good relationship with the regulators and stays ahead of industry developments.
Work Highlights
Deacons assisted Bosera Asset Management with establishing and launching the spot bitcoin and ether ETFs in Hong Kong.
Notable practitioners
Taylor Hui stands out for his knowledge of registered fund regulatory procedures, and is regularly instructed to handle retail and hedge fund launches. He is also well regarded for his expertise in handling private equity fund formation.
Alwyn Li has an active practice facilitating retail funds such as unit trusts and debt funds. He is knowledgeable about SFC authorisation and maintenance requirements. He is well-versed in both thematic and multi-asset funds.
Alwyn has a 'quietly efficient' approach to handling clients.
Fiona Fong leads Deacons' private funds team. She is well experienced in advising on private fund and private equity fund formation. She has notable expertise assisting with onshore and offshore fund structures.
Fiona not only understands the legal landscape but also appreciates the broader business implications of our business decisions.
Fiona knows us very well and is always able to provide practical and thorough advice to us. She is our go-to partner whenever we have any legal matters or challenges.


