Simpson Thacher & Bartlett is advising KKR & Co. on its proposed $1.1 billion acquisition of Singaporean packaging company Goodpack Ltd. Pending shareholder approval, the deal represents the U.S. private equity giant’s largest ever investment in Southeast Asia. Simpson Thacher Hong Kong partners Kathryn Sudol and Sinead O’Shea are leading a team advising KKR. WongPartnership comanaging partner Wai King Ng is advising KKR on Singapore law. Allen & Gledhill is representing Goodpack. Rajah & Tann is acting for David Lam, Goodpack’s executive chairman and largest shareholder, who is selling his 32 percent stake to KKR. [Read full story]
Weil, Gotshal & Manges has advised Singapore sovereign wealth fund Temasek Holdings (Private) Ltd. on a $500 million investment in Singapore-based hedge fund Dymon Capital Asia. The fund will provide seed capital to new hedge funds. As part of the deal, Temasek will become a shareholder in Dymon, and the two will establish a fund to invest in new hedge funds. Weil Hong Kong partner John Fadely is acting for the subsidiary through which Temasek is making the investment, with WongPartnership partners Low Kah Keong, Charlotte Sin, Alvin Chia, Hui Choon Yuen and Khoo Yuh Huey advising on Singapore law. Sidley Austin Singapore partners Han Ming Ho and Greg Salathe are acting for Dymon.
