San Francisco – February 23, 2015 – Cooley advised Banyan Capital on its second USD fund, Banyan Partners Fund II, L.P., which closed with $362 million of investor commitments. The fund will focus on investing in the telecommunications, media and technology sectors and the consumer-related sectors in China. Banyan Capital is a China-based emerging capital firm with two USD funds and one RMB fund under management.
The Cooley team advising Banyan Capital included partner Jordan Silber and associate Huaying Daisy Qi.
Cooley's Fund Formation group assists a variety of fund managers operating investment funds in the United States and globally. Cooley is counsel to more than 325 private investment fund organizations worldwide, with closings on more than 170 funds in 2014.
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