About
Philip is a Hong Kong-based M&A and private capital partner.
Over the years, he has led on many high-profile transactions for both financial investors and corporate clients; including having advised:
- Fosun Tourism Group on its privatisation by way of share buyback, the first privatisation in Hong Kong by way of a Cayman share cancellation scheme;
- Boyu Capital on its takeover of Jinke Smart Services (including through a novel two-tier offer structure) and its related case in front of the Hong Kong Takeovers Panel;
- Primavera Capital on its investment in PURE Group;
- Various sovereign wealth funds on multiple continuation vehicle transactions including both single asset and multi-asset continuation vehicles;
- NVC Lighting on the US$794m disposal of a majority stake in its China business to KKR;
- Permira on the acquisition of a 50% interest in the aquatic feed business of Grobest; and
- Warburg Pincus on its investment in and exit from HK-listed Car Inc.
He also advises financial sponsors on growth capital and structured equity investments across various sectors and advises multinational corporations on strategic transactions involving their China or Asian business.
Philip is a native Mandarin speaker and speaks fluent English and Shanghainese.
Additional Information
- Advised Boyu Capital on its takeover of Jinke Smart Services (including through a novel two-tier offer structure) and its related case in front of the Hong Kong Takeovers Panel;
- Advised Boyu Capital on its acquisition of SKP;
- Advised Primavera Capital on its investment in PURE Group;
- Advised various sovereign wealth funds on multiple continuation vehicle transactions including both single asset and multi-asset continuation vehicles;
- Advised Novo Holding on its investment in Sylvan, world's leading manufacturer of fungal biotechnology solutions;
- Advised Warburg Pincus on its investments in Gaush Meditech, InSilico Medicine, Hygeia Medical Service Group and Car Inc and on its exit from, Gaush Meditech, Hygeia and Car Inc;
- Advised Permira on its acquisition of Grobest and investment in Full Truck Alliance;
- Advised Fosun Tourism Group on its privatisation by way of share buyback, the first privatisation in Hong Kong by way of a Cayman share cancellation scheme;
- Advised Fosun Fashion on its structured equity financing from Meritz Securities and its acquisition of Sergio Rossi;
- Advised LOTUS Technology on its structured equity financing from Meritz Securities;
- Advised Bakkavor PLC on its disposal of its China business to Lihoo’s; and
- Advised NVC Lighting on its disposal of its China lighting business to KKR.

Philip Li
Partner
Hong Kong Office
55th Floor, One Island East
Taikoo Place, Quarry Bay
Hong Kong