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    Ashurst Perkins Coie advises Oaktree Capital on US$20m cornerstone investment in Momenta Global Limited

    Global law firm Ashurst Perkins Coie represented Oaktree Capital Management, L.P. on its equity investment as cornerstone investor in the initial public offering on The Stock Exchange of Hong Kong Limited by Momenta Global Limited. The cornerstone investment amount is the Hong Kong dollar equivalent of US$20 million, subscribed as part of the International Offering.

    Frank Bi, Partner and Asia Head of Corporate, commented:

    "We are pleased to have supported Oaktree Capital Management on this cornerstone investment. This transaction reflects our deep experience in equity capital markets work across Asia, and we valued the opportunity to assist on this engagement."

    The team was led by partner Frank Bi, with support from Christy Li and Steve Sun.