Hong Kong - Paul Hastings represented China Orient Summit Capital (“COS Capital”) - an offshore investment management platform established by China Orient Asset Management (“China Orient”) and China Summit Capital - and KKR, a leading global investment firm, in their co-investment in credit and distressed opportunities in the Chinese market. Paul Hastings advised on setting up the joint venture and the investment platform, and on the subsequent investments.

China Orient is one of only four licensed national asset management companies and wholesalers of non-performing loans (NPL) in China.

The Paul Hastings team was led by Corporate partner Vivian Lam, with support from partner Pei Fang, and associates Chester Hui and Jeff Lee in Hong Kong. The London team comprised of partner Garrett Hayes and associates Adam Knight and David Mallett.