Valuestone Global Resources Fund has successfully completed its initial closing. The fund was established by Jiangxi Copper (600362.SH/00358.HK) together with CCB International, with an initial size of USD 300 million including USD 100 million committed by Jianxi Copper through its wholly owned subsidiaries. With a focus on the global natural resources sector, the fund has currently entered into operation and investment phase.
Global Law Office acts as the lead counsel to Jiangxi Copper and provides a full range of legal services for the fund formation, including design of the fund structure and relevant tax planning, drafting and negotiation of the fund documents, assistance with the governmental procedures and incorporation of the relevant entities. Global’s team was led by our partners Mr. Jinrong Liu and Ms. Shifang Guo, along with our associate Mr. Lei Chen.