YOON&YANG
Yoon & Yang’s Finance Practice offers optimal advisory service that encompasses all aspects of investment funds—from private fund formation to GP registration, equity investment, and fund management, exit, dissolution, and liquidation—as well as advising hedge funds on compliance with various regulations and transactions applicable to hedge funds.In addition, our Private Funds Practice provides differentiated legal services that meet the needs of clients by drawing on its in-depth understanding of the laws and regulations and extensive advisory experience.

Key Services

Private equity funds

  • Registering GPs and establishing and reporting private equity funds
  • Obtaining approvals of investment under the laws on the separation of industrial and financial capital, and filing business combination reports under antitrust and competition laws
  • Offering legal advice on the regulations on the articles of incorporation, investment structures, and management of private equity funds
  • Offering legal advice on M&A investment and exit of private equity funds
  • Designing transaction structures in compliance with the Capital Markets Act, Foreign Exchange Transactions Act, antitrust and competition laws, and other relevant laws and regulations
  • Consulting with financial supervisory authorities and advising clients on related response measures
  • Reviewing transaction structures for minimizing tax burdens and transaction costs
  • Offering various advisory services including due diligence, agreement drafting, negotiations, and closing support


Hedge funds & other private funds

  • Offering various advisory services including due diligence, agreement drafting, negotiations, and closing support
  • Reviewing transaction structures for minimizing tax burdens and transaction costs
  • Advising on ways to respond to hedge fund-related disputes
  • Offering legal advice on issues such as delays in hedge fund redemption, etc.
  • Advising collective investment business entities and distributors on ways to respond to inspections & sanctions
  • Advising on ways to protect investors, such as advance payments
  • Offering legal advice on collective investment business entities and collective investment schemes under the Capital Markets Act


 

Representative Cases

  • Advised on formation of a private fund and advised on its acquisition of Kumho Life Insurance (currently KDB Life Insurance)
  • Advised a private equity fund on its acquisition of Korea Investment Management
  • Advised a private equity fund on its MDS Technology acquisition
  • Advised a private equity fund on its Samchully Pharm acquisition
  • Advised a private equity fund on its investment in the RCPS, etc. issued by Woori LED
  • Advised a private equity fund on its investment in the RCPS issued by Woongjin olysilicon
  • Advised a private equity fund on its investment in the CB issued by Deutsch Motors
  • Advised a private equity fund on its acquisition in 3 waste management companies, including WIK Joongbu
  • Advised PEF K on its investment in the RCPS issued by TNK Factory
  • Advised a private equity fund on its acquisition of 3 timber distribution companies, including K-ONE
  • Advised on the establishment of blind funds, including Woori-Q Corporate Financial Stability PEF, NH OPUS Corporate Financial Stability PEF No. 2, Eugene Shinyoung Corporate Structure Innovation Corporate Financial Stability PEF, UAMCO
  • Rebounce Corporate Financial Stability No. 2 PEF, and Hanwha KIM Digital Healthcare No. 1 PEF.
  • Advised on the management of the Keystone Echo Prime Star Corporate Financial Stability PEF
  • Obtained approvals of investment and filed business combination reports related to the establishment of numerous private equity funds
  • Advised on the exit and liquidation in kind of private equity funds on numerous occasions
  • Advised on disputes among members of private equity funds (dismissal of GPs, appointment of liquidators, etc.)
  • Advised commercial banks and securities firms on DLF, Lime Fund, and other mis-selling of hedge fund products
  • Advised on the mediation of disputes between hedge fund instrument distributors and financial consumers related to the delay in the redemption of the Lime, Discovery, Healthcare, and other hedge funds