Mr. Rana has more than 20 years of experience advising companies, sponsors and promoters in mergers and acquisitions, securities and financing transactions. Among other clients, he has represented Advent International, Alibaba Group, the Anschutz Group, Baring Private Equity Asia, Bessemer Venture Partners, DST Global, Falcon Edge Capital, Ford Motor Company, General Catalyst Partners, Goldman Sachs, Hearst, Highland Capital Partners, Hillhouse Capital, John Hancock, J.P.Morgan, Lehman Brothers, Lincolnshire Management, MphasiS, Sequoia Capital, TA Associates, TCW, Tencent, UBS, Verizon, Viacom (and its MTV Networks division), VY Capital, Warburg Pincus, WisdomTree Investments, Xiaomi and Zodius/Avendus Capital.
Yash A. Rana
Yash Rana is a partner with Goodwin and a member of the firm’s Mergers & Acquisitions, Private Equity, Capital Markets, Technology, Life Sciences and Clean Tech & Energy Groups. He is the founding chair of the firm’s Asia Practice and started its Hong Kong office in 2008.
Mr. Rana is focused on advising corporate clients and private equity sponsors in connection with their business operations, investments and exits (including sales and public listings) in China, India and across Asia, as well as Asian clients in connection with their acquisitions in North America and Europe. He has advised clients on matters involving Afghanistan, Australia, China, Guam, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Mongolia, Papua New Guinea, Philippines, Singapore, Taiwan and Vietnam. Under his leadership, Goodwin has been among the most active law firms for private equity transactions in China.
Mr. Rana’s practice includes representing clients in cross border mergers and acquisitions (including leveraged buyouts, carve-outs and management buyouts), early and late stage venture capital and growth equity investments, PIPEs, private placements, equity and convertible bond offerings, financings, joint ventures, restructurings and other corporate transactions. He has extensive knowledge of the technology-media-telecom sector and has represented clients in such diverse industries as business services, consumer, energy, financial services, healthcare and healthcare services, hotels, life sciences, manufacturing, media, medical devices, real estate, satellite communications and technology, including digital media, e-commerce, financial technology, hardware, healthcare technology, internet services, online advertising and online games. Mr. Rana has also represented major investment banks as underwriters in securities offerings and as financial advisors to companies engaged in mergers and acquisitions.
Mr. Rana joined Goodwin’s New York office in 2005, and relocated to Hong Kong in 2008 to start the firm’s first office outside the United States. Before joining the firm, Mr. Rana oversaw mergers and acquisitions and securities transactions for Qwest Communications International Inc. and was a transactional lawyer at O’Melveny & Myers LLP in New York.
Mr. Rana’s experience includes representation of:
- Aleph Group in an investment from Tiger Global
- DST Global and Silver Lake as investors in the Alibaba Group IPO
- DST, Hillhouse Capital and Sequoia Capital as investors in the JD.com IPO
- DST Global as leader of a consortium investing US$1.6 billion into Alibaba Group
- DST Global and affiliates in their investments in Alibaba, Dada Nexus, Didi Chuxing, Fenqile, Flipkart, GO-JEK, JD.com, KingSoft, Meituan, Momo, Olacabs and 17zuoye
- Falcon Edge Capital in its investments in Newshunt, Olacabs, Quikr, Red Star Maccaline and Snapdeal
- Forest City in its seminal joint venture deal with Shanghai-based Greenland Group to develop Atlantic Yards, a $5 billion 22-acre real estate project in New York
- Goldman Sachs in its investments into Antuit (Singapore), Nova Healthcare (India) and Tora Trading (Hong Kong)
- Hillhouse Capital in its investments in Airbnb, CarDekho, Ctrip, Meituan and PaperBoat Beverages
- MphasiS in its US$200 million acquisition of Digital Risk and US$100 million acquisition of Wyde Technologies
- PAG Asia in its investments in Gridsum Technology and Swarna Pragati
- Quilvest in over 30 fund investments
- RRE Ventures in its investment in SmartPay (China)
- Route 66 Ventures in its investments in 8 Securities, AMP and CompareAsia Group
- TA Associates in all of its Asian investments and certain others, including ACT, Billdesk, Dr. Lal’s Pathlabs, Forgame, Fractal Analytics, Idea Cellular, Micromax Informatics, Nintex, RadialPoint, RateGain, SpeedCast, Tega Industries, Weather Investments and YeePay
- VY Capital in its investments in Koudai, Student.com and Zomato
- Warburg Pincus in its sale of QuEST Global Services to Bain Capital
- WisdomTree Investments in corporate matters
- Xiaomi in corporate matters
- A global private equity firm in a convertible bond investments in Qunar and Uber
- A global private equity firm in its attempted acquisition of a stake in two Chinese video streaming sites
- A publicly listed Indian company in a US$550 million bid for a U.S. company
Before joining Goodwin, Mr. Rana represented:
- GTE in several transactions, including its US$53 billion merger with Bell Atlantic to form Verizon
- Qwest Communications, first as external counsel and then as lead in-house transactional counsel, in several significant transactions, including, its US$48 billion acquisition of US West, its US$3 billion acquisition of LCI Communications, the IPO of its European business, KPNQwest, in its US$7 billion sale of the Dex Media directories business to The Carlyle Group and Welsh, Carson, Anderson & Stowe in one of the largest leveraged buyouts at the time, PIPE investments into Qwest by BellSouth (now AT&T) and Microsoft, and its US$13 billion debt exchange offer
- TCW in forming the TCW/ICICI India Private Equity Fund, among the earliest offshore funds domiciled in Mauritius to invest in Indian companies, formed in 1997
Under Mr. Rana’s leadership, Goodwin’s Asia Practice has received several awards and recognitions, including:
- Mr. Rana has been frequently recognized in various Chambers Global and Chambers Asia publications from 2012-2016, including most recently Chambers Global 2016 as a Leading Lawyer for Business in Corporate/M&A - India (Experts Based Abroad) and in Corporate/M&A (International Firms) - China (Foreign Experts)
- Winner of the China Business Law Journal Deals of the Year 2014 for Alibaba Group’s NYSE IPO, JD.com’s IPO on NASDAQ, and advising on Greenland’s joint venture with Forest City
- Winner of the India Business Law Journal Deals of the Year 2014 for representing investors in Flipkart, and Snapdeal
- Business Law Journal’s Overseas Capital Markets Deal of the Year 2013 for representing selling shareholders in the US$206 million global offering and Hong Kong listing of Forgame Holding Limited
- Winner of the China Business Law Journal Law Firm of the Year (China) 2013 in Private Equity & Venture Capital
- M&A Advisor’s Financial Services Deal of the Year 2013 for representing MphasiS/Digital Risk over a US$200 million deal
- Mr. Rana was named M&A Lawyer of the Year (2012) by Global M&A Network
- Large Deal of the Year for 2011 by PE Asia (DST-Silver Lake investment in Alibaba)
- Leading Law Firm in India for each year since 2008 by the India Business Law Journal
- Law Firm of the Year – Private Equity and M&A – Hong Kong for 2012 by DealMakers Global Awards
Mr. Rana currently serves on the boards of several private equity backed companies in Hong Kong, India and Mauritius. Mr. Rana also serves as President of the Board of Governors of the American Club Hong Kong and as a mentor for the Young India Fellowship. He has previously served on the Board of Directors of the Qwest Foundation, the charitable arm of the company.
While attending Columbia Law School, Mr. Rana was an editor of the Columbia Business Law Review.
Columbia Law School
The Cathedral and John Connon School, Mumbai