LOW Kah Keong is the Head of the Asset Management & Funds Practice and is a Partner in the Mergers & Acquisitions Practice. His main areas of practice are mergers and acquisitions, corporate finance, asset management and collective investment schemes.
In the arena of asset management, Kah Keong has acted for sponsors and fund managers of private equity funds, real estate funds, venture capital funds, hedge funds and regulated collective investment schemes. He has advised on the Singapore Tax Resident Fund Scheme and licensing considerations under the Securities and Futures Act of Singapore and the Financial Advisers Act of Singapore. In his practice, Kah Keong has also advised sovereign wealth funds and insurance companies in their capacity as limited partners.
Kah Keong graduated from the National University of Singapore. He is admitted to the Singapore Bar and to the Roll of Solicitors of England & Wales.
Significant transactions that Kah Keong has been involved in include advising / acting for the following:
- Temasek Holdings (Private) Limited, Temasek Trust and Pavilion Capital in establishing ABC World Asia Fund I, a new Asia-focused private equity fund dedicated to impact investing.
- City Developments Limited in the divestment of its entire interest in Summervale Properties Pte. Ltd. which owns the Nouvel 18 luxury condominium in Singapore via a profit participation securities scheme valued at S$977.6 million.
- Keppel Telecommunications & Transportation Ltd ("Keppel T&T") in the acquisition of all the issued ordinary shares of Keppel T&T by Keppel Corporation Limited by way of a scheme of arrangement under the Companies Act; Keppel Land Limited in the acquisition of all the issued ordinary shares of Keppel Land Limited by Keppel Corporation Limited by way of a voluntary general offer; and Keppel Infrastructure Trust in its business combination with CitySpring Infrastructure Trust to create the largest Singapore infrastructure focussed business trust listed on the Singapore Exchange at the time of its completion.
- OCBC Bank and Lion Global Investors in setting up Lion-OCBC Capital Asia Fund I, a S$550-million fund launched in 2015 that is targeted at high-growth small and medium enterprises in Asia.
- Asian Genco Pte. Ltd., an infrastructure company which has investments in Indian power generation assets and engineering services businesses, in relation to the US$425 million investment commitment by a consortium of global investors including Morgan Stanley Infrastructure Partners, General Atlantic LLC, Goldman Sachs Investment Management, Norwest Venture Partners and Everstone Capital, with the goal of creating Asian Genco as one of the leading power generation platforms in India. This financing represents the largest private equity investment in the Indian power sector at the time of its completion. The deal was awarded "Private Equity Deal of the Year" by IFLR India Awards for 2011.
Related Practices
- Asset Management & Funds
- Financial Services Regulatory
- Mergers & Acquisitions
- Myanmar
- Private Equity
- Special Situations Advisory
- The Private Equity Review, Fundraising Singapore Chapter published by Law Business Research, 2nd – 6th editions
- Getting The Deal Through - Private Equity (Fund Formation) - Singapore Chapter, 2012 – 2018 editions
- PLC Multi-Jurisdictional Guide - Investment Funds - 2012 Singapore Chapter
- PLC Cross-border Mergers & Acquisitions Handbook - 2011/12 Singapore Chapter
Kah Keong is recommended as a leading practitioner in Investment Funds work in The Legal 500: Asia Pacific – The Client’s Guide to the Asia Pacific Legal Profession; IFLR1000 - The Guide to the World’s Leading Financial Law Firms; Asialaw Leading Lawyers; Expert Guides – Guide to the World's Leading Investment Funds Lawyers; Chambers Asia-Pacific – Asia-Pacific's Leading Lawyers for Business since 2010; Who's Who Legal: Private Funds 2020 in the chapters of Regulatory and Formation, in the 2020 edition of Best Lawyers he received the "Lawyer of the Year" Award for Mutual Funds in Singapore.
Kah Keong is recognised for his M&A work in both Chambers Global – The World's Leading Lawyers for Business and Chambers Asia-Pacific since 2012. As well as The Legal 500, IFLR1000, Asialaw Profiles – The Guide to Asia-Pacific's Leading Domestic Law Firms since 2014 and a leading M&A lawyer in Best Lawyers since 2012. He was also identified in The A-List 2019 from Asia Business Law Journal as one of Singapore’s top 100 lawyers.
In Chambers Asia-Pacific clients have praised Kah Keong for "not merely rehashing the law, but providing commercial guidance in his advice". The Legal 500 has described him as "very commercial" with "innovative ideas for when parties are stuck".