Updated: Jul 11, 2020
Law firm Stephenson Harwood has expanded its international funds capabilities with the arrival of Penelope Shen, who joins the firm’s Hong Kong partnership. Ms. Shen specialises in funds formation and restructuring, and advises on a variety of fund types, including hedge funds and private equity funds, as well as distribution and private placement, regulatory, compliance, side letters, ISDA and prime brokerage agreements. She advises top asset managers in the region. Ms. Shen, who is trilingual in English, Cantonese and Putonghua, joins from Kwok Yih & Chan, where she was a partner. “With investor demand high and fund products on the rise, the investment funds markets in Asia continue to grow,” said Jamie Stranger, Greater China office managing partner, Stephenson Harwood. “The addition of a lawyer of Penelope’s calibre, who has the experience assisting asset managers in Greater China and Singapore, enhances the support we can provide our clients and complements our existing strong global regulatory offering in the funds space.” Strengthening the firm’s core practices is a central part of the firm’s strategic ambitions in Greater China. “In the last few years we’ve really built up our funds and private equity capabilities,” said Eifion Morris, CEO, Stephenson Harwood. “Three years ago partner Tiana Rambatomanga joined us in Paris to launch a dedicated investment funds practice there, and in London last year we added a team of private equity lawyers, including partners Malcolm MacDougall, Adam Crossley and Richard Coleman. Penelope’s arrival continues that growth and enables us to offer our clients a comprehensive cross-border funds and private equity service.” Stephenson Harwood’s funds group is part of the firm’s international corporate practice which acts for listed and private companies, international banks, private equity houses and management teams across a broad range of industries, including consumer, technology, life sciences and transportation. It provides funds services in Europe and Asia principally through its offices in the international financial centres of London, Paris and Hong Kong.