Ropes & Gray Advises on Asia’s Largest GP-led Transaction

Coller Capital advised by Ropes & Gray, announced on July 26 that together with Hahn & Company (Hahn & Co.), they have closed the largest GP-led transaction in Asia. The transaction is for Ssangyong C&E Co., Ltd (Ssangyong) an industry-leading Korean cement manufacturer that is actively expanding into waste management businesses.

The transaction’s total size is approximately $1.5 billion. Coller Capital and its co-investors were the largest investor group and co-led the transaction alongside another leading global secondary player, also represented by Ropes & Gray. Hahn & Co., deploying funds into the Company for the third time, is committing a significant amount of capital.

The cross-office Ropes & Gray team advising on the transaction was led by asset management partner and institutional investors team co-leader Isabel Dische and included asset management partner and Hong Kong office managing partner Vincent Ip, private equity partners Jaewoo Lee and Oliver Nip, tax partner Dan Kolb, litigation partner Brendan Hanifin, litigation counsel Steve Kaye, and associates Michael Gauvin, Billy Zhang, Yoni Levy, Tim Parrington, Aaron Lichter, Christian Vareika and Lily Li.