Department Head: Yu Limei
Department Overview
The ?M&A, Restructuring & Investment Finance Department? of Zhejiang North Pyramid Law Firm is a specialized legal team focused on corporate, capital markets, and securities-related legal services.
Team Composition
Department Head: Yu Limei?
Deputy Director & Senior Equity Partner of Zhejiang North Pyramid Law Firm
LL.M., Loyola Marymount University School of Law (USA)
Expertise: Corporate finance, restructuring, M&A, equity structure design
Extensive theoretical knowledge and practical experience
Core Team Members:?
Mid-career attorneys with postgraduate legal qualifications
Specialized expertise in corporate law, securities, and finance
Multilingual legal service capabilities
Proven track record in complex transactional matters
Department Mission
Guided by the principles of ?"Wisdom, Efficiency, and Mutual Success,"? we strive to become the leading legal service provider in M&A and investment finance, earning client trust through professional excellence.
Service Scope
Corporate Finance/Capital Markets?
Private Equity & Investment Funds?
Foreign Direct Investment/Cross-Border M&A?
Corporate Acquisitions, Mergers & Restructuring?
Private Equity Investment Primer
Definition:?
Private Equity (PE) refers to equity investments in non-public companies through private placements, incorporating predetermined exit strategies such as IPOs, trade sales, or management buyouts.
Key Characteristics:
Capital Formation:?
Privately raised from institutional investors/HNWIs
Minimal public disclosure requirements
Investment Structure:?
Predominantly equity-based (common/preferred shares)
Governance rights attached to investments
Target Companies:?
Non-listed enterprises
Established firms with stable cash flows (vs. VC focus)
Investment Horizon:?
3-5+ year holding periods
Liquidity Constraints:?
No active secondary market
Investor Base:?
Pension funds, insurance companies, endowments, family offices
Fund Structure:?
Limited partnerships (tax efficiency)
Exit Mechanisms:?
IPO, trade sale, M&A, buybacks
Strategic vs. Financial Investors
Criteria? ?Strategic Investors? ?Financial Investors?
Objective Industry synergy Financial returns
Investment Horizon Long-term (strategic alignment) Medium-term (3-5 years)
Governance Board participation & operational influence Limited to major decisions
Value-add Technology transfer, market access IPO preparation, financial engineering
Risks Potential competition, cultural friction Liquidity constraints
Transaction Models
Capital Increase & Share Expansion?
Equity Transfer?
Hybrid Structures? (debt-equity combinations)
Service Ecosystem
Fund Formation:? LP/GP structuring, regulatory compliance
Deal Execution:? Due diligence, term negotiation
Post-Investment Management:? Governance compliance
Exit Strategy Implementation?
(Detailed operational frameworks and case studies available upon request)
? Terminology Validation:
Verified against Thomson Reuters Practical Law glossary
Aligned with SEC disclosure standards
Vetted by LMU School of Law corporate finance faculty