Global law firm Goodwin announced today that Phil Culhane and Elyn Xing have joined the firm’s Hong Kong office as partners in the global Private Investment Funds practice. Culhane and Xing previously worked together at an international law firm.
“Phil is among the senior statesmen in the Asia fund formation space, and Elyn has a wealth of experience in advising funds operating in the region. We are excited that they have chosen the Goodwin platform to team up once again,” said Yash Rana, Chair of Goodwin’s Hong Kong office and leader of the firm’s Asia practice. “With their strong collective background and unmatched expertise, Phil and Elyn will work with our existing talented fund formation lawyers to further strengthen our private equity platform at the intersection of capital and innovation and serve clients across the Asia-Pacific region.”
Culhane has over 30 years of experience in advising on the formation of private investment funds. He has particular expertise with representing Asia-based alternative asset managers, from start-up first time funds to established multi-strategy firms.
Xing specializes in advising sponsors of private investment funds, co-investment vehicles and separately managed accounts, covering numerous sectors and strategies, including debt, energy, growth capital and emerging markets funds.
Goodwin’s award-winning Asia Private Investment Funds practice, led by Greg Barclay, is one of the largest teams in the region specializing in cross-border fund formation across asset classes, covering private equity, venture capital, mezzanine/debt, infrastructure and real estate funds, including co-investments and complex GP-led restructurings and other secondary transactions, and works on an integrated basis with Goodwin’s Asia and global transactional teams. Goodwin’s full service practice in Asia is highly ranked across practices, including private equity and private investment funds, by Chambers Asia-Pacific 2021, Chambers Global 2021, The Legal 500 Asia-Pacific 2021 and IFLR1000 2022.
The Asia funds team is part of an integrated cross-border private investment funds practice with 150+ lawyers supporting over 500 investment managers raising capital to invest in the private equity, real estate, technology, and life sciences sectors. In the past 18 months, the global team has closed $200+ billion in raised capital. Goodwin was recently named the top law firm for fund formation by Law360, the Legal 500 UK Awards, IJ Global, and SuperReturn Awards.