Ashurst advises SeaTown Private Capital Master Fund on USD 40 million investment to Linnovate Partners Group Limited
24 May 2024
24 May 2024
Global law firm Ashurst represented SeaTown Private Capital Master Fund on its USD 40 million funding commitment to Linnovate Partners Group Limited. SeaTown Private Capital Master Fund is managed by SeaTown Holdings International Pte. Ltd., an Asia-focused alternative investments firm that is owned by Seviora, Temasek’s asset management group. Linnovate Partners is an asset services provider focused on driving innovation in the alternative investment industry. SeaTown Private Capital Master Fund's investment will enable Linnovate Partners to scale operations, drive innovation, and solidify its position in the market.
Ashurst ADTLaw director Xiaozheng Ko commented, "This transaction showcased our ability to provide creative capital solutions and smooth deal execution. We are also proud of the excellent collaboration across our Ashurst offices, including teams from Hong Kong, London, New York, Shanghai, Sydney, and Glasgow. Special thanks to Tao Koon Chiam, Jean Woo, Frank Bi, Chris Grey, Patrick Phua, Michael Sheng, and Michael Neary for leading their teams