Partner
Penelope Shen is a leading funds lawyer specialising in investment funds and asset management.
Languages - English, Mandarin, Cantonese
Jurisdiction - Hong Kong
Penelope Shen is a trusted partner for top asset managers, family offices, and investors across the region, including Hong Kong, mainland China, Singapore and Dubai. Her clients value her deep understanding of the dynamic asset management market in Asia, where she provides strategic guidance on the establishment and structuring of, and investing into private funds, including hedge funds, venture capital funds, private equity and real estate funds.
Penelope's expertise extends to advising on fund distribution, compliance and regulatory requirements and derivative documentation. Her years of experience and relationships with key industry players equip her with first-class knowledge in the constantly evolving market, ensuring clients receive sterling services.
At Stephenson Harwood, Penelope also spearheads the firm's Asia ESG initiative. As a leading funds practitioner and an advocate for impact investment, Penelope is dedicated to providing advisory services related to corporate and social responsibility in the industry.
CTI Hong Kong - Updating an award-winning hedge fund
Advised CTI Capital Hong Kong on the update of an award-winning hedge fund in the Cayman Islands.
State-owned enterprise - Establishment of a Cayman Islands segregated portfolio company and its various sub-funds
Advised a state-owned enterprise to establish a Cayman Islands segregated portfolio company (SPC) and its various sub-funds, including sub-fund with co-GP arrangement and sub-fund in collaboration with multiple external investment advisers.
Seoul-based global asset manager - Structuring a Hong Kong private umbrella open-ended fund company with multiple closed-end sub-funds
Advised a Seoul-based global asset manager on structuring a Hong Kong private umbrella open-ended fund company with multiple closed-end sub-funds for pre-IPO equity investments.
Bridgeway Prime Shop Fund Management Limited - Redomiciliation of Cayman corporate structured real estate fund to a Hong Kong limited partnership fund
Advised Bridgeway Prime Shop Fund Management Limited on the redomiciliation of their Cayman corporate structured real estate fund to a Hong Kong limited partnership fund, as well as on the related stamp duty exemption application.