Kirkland & Ellis advised Hosen Capital a leading private equity firm focused on investing in middle-market control and growth opportunities in the food and consumer sectors in China, on the fundraising and final closing of its third USD fund at $800 million.
Hosen Capital is headquartered in Beijing and has additional offices in Chengdu, Shanghai, and Guangzhou. The firm has $2.31 billion in assets under management and focuses on investments in companies in the food and agribusiness-related companies that are either directly located in China or are directly involved in meeting demand on the Chinese market.
Hosen Capital was founded by Chris Wang and Alex Zhang and sponsored by New Hope Group, an agribusiness conglomerate in China.
The fund receives strong support from a broad mix of global investors, including prominent sovereigns, pensions, endowments, financial institutions, corporates, family offices and fund of funds.
Kirkland & Ellis LLP is an American law firm. Founded in 1909 in Chicago, Illinois, Kirkland & Ellis is the largest law firm in the world by revenue, the seventh-largest by number of attorneys, and is the first law firm in the world to reach US$4 billion in revenue.
The Kirkland team was led by investment funds partners Carol Liu and Jennifer Feng and included investment funds partners Josh Westerholm and Christopher Scully, financial services regulatory partner Romin Dabir, tax partner Aalok Virmani, government and internal investigations partner Nick Niles, employee benefits partner Elizabeth Dyer and banking regulatory of counsel Julie Kunetka.