China Orient and KKR’s Distressed Debt Venture in China

January 26, 2016

Hong Kong - Paul Hastings, a leading global law firm, announced today that the firm represented China Orient Summit Capital (“COS Capital”) - an offshore investment management platform established by China Orient Asset Management (“China Orient”) and China Summit Capital - and KKR, a leading global investment firm, in their co-investment in credit and distressed opportunities in the Chinese market. Paul Hastings advised on setting up the joint venture and the investment platform, and on the subsequent investments.

China Orient is one of only four licensed national asset management companies and wholesalers of non-performing loans (NPL) in China.

The Paul Hastings team was led by Corporate partner Vivian Lam, with support from partner Pei Fang, and associates Chester Hui and Jeff Lee in Hong Kong. The London team comprised of partner Garrett Hayes and associates Adam Knight and David Mallett.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.