Han Ming Ho

Partner


HAN MING HO is a partner and co-head of the firm’s Asia Investment Funds practice and is based in Singapore. He focuses on fund formation of open-ended and close-ended entities and related regulatory matters as well as regularly advises fund managers on the establishment of business operations in Singapore, together with the establishment, structuring and registration of investment funds in Singapore and various other Asia Pacific jurisdictions. In addition, Han Ming’s regulatory experience includes advising compliance and licensing issues relating to securities and financial advisory law as well as liaising regularly with the Singapore regulators.

Han Ming has extensive experience counseling clients on the structuring and formation of a broad range of investment funds, including hedge funds, private equity funds, real estate funds, exchange traded funds and other structured financial products. He has advised leading fund sponsors and managers, investment banks, financial institutions, venture capitalists and institutional investors.

Han Ming has a track record as a leading authority in the funds area in Asia, having been involved in various significant landmark deals in the region for many years. He has been recognized as a Band 1 leading individual in the Investment Funds practice in Chambers Asia Pacific, Singapore chapter for many years. 

In Chambers Asia Pacific, Han Ming was described as “a premier name for real estate and private equity funds work and his wide range of expertise makes him a top choice for establishing, structuring and registering funds.” He was also praised as one who “knows the market very well” and is a “terrific hedge funds lawyer.” Han Ming was noted as “a leading figure in Singapore's investment fund space” in the 2017 edition of the book with clients praised his ability to "see the big picture and give helpful insights into what is happening in the industry." In the 2015 edition of the book, he is described as being singled out by sources for his versatile experience in private funds, including the structuring and formation of hedge funds and real estate funds. He is a frequent representative of leading fund managers, who highlight his “client-oriented and commercial approach" and his provision of "salient advice on regulatory changes and their impact.”

He was also recognized in the sixth edition of “Best Lawyers” for Investment Funds and Mutual Funds practice in Singapore; as well as in the 2017 edition of of “The Legal 500 Asia Pacific” and “Who’s Who Legal: Private Funds.”

Examples of Han Ming’s significant experience include representing*:

  • Astrea III in relation to the first listed bonds in Singapore which will provide investors with exposure to a diversified portfolio of private equity (PE) funds. The Astrea III PE bonds were subscribed by more than 8 times for the US$510 million issue. This landmark matter has been widely recognized as a significant milestone in the development of Singapore’s bond market and is expected to start a wave of similar offerings in the near future. Standard & Poor and Fitch have rated the notes, which marks the first time those agencies have rated a collateralized fund obligation since the financial crisis.
  • Odyssey Capital Pte. Ltd. and Macquarie Corporate Holdings Pty. Limited as international fund counsel in relation to the establishment of “Tigris Water Fund”, the first Asian focused water infrastructure fund investing in water and waste water projects.
  • C-Bridge Capital Investment Management, Ltd. as international fund counsel in relation to the formation of “C-Bridge Healthcare Fund II L.P.”, a private equity fund investing in healthcare and healthcare related businesses in China and greater China.
  • Dymon Asia Capital with respect to a seed investment by Temasek worth US$500 million to start a multi-strategy hedge fund, “Dymon Asia Multi-Strategy Fund”; as well as Temasek’s acquisition of a minority in Dymon Asia Capital. Funds that have been established under the Dymon Asia Multi-Strategy Fund include: “Port Meadow Fund”, a hedge fund pursuing a long/short equity strategy focused on the Asia Pacific region, established in 2014; and the “Aventia Fund”, a hedge fund pursuing an Asian equity long/short strategy focused primarily on investments in companies listed on stock exchanges in Asia, established in 2015.
  • PTQ Capital Limited on the establishment of a hedge fund comprising a master/double feeder fund structure, the “PTQ Capital Fund”.
  • 3D Investment Partners Pte. Ltd. in the establishment of 3D Opportunity Fund, 3D Opportunity (US) Fund and 3D Opportunity Master Fund (collectively, the “3D Opportunity Funds”).
  • Overseas Chinese Investment Management (Singapore) Pte. Ltd. (“OCIM”), a Singapore-regulated fund management company, on the establishment of their flagship quant fund the “OC Fund”.
  • A U.S. investment bank in relation to the establishment of its first Asian-focused open-ended real estate core fund.
  • PGGM Vermogensbeheer B.V. as investor’s counsel on the extension of the fund term and conversion (into an income fund) of CapitaMalls China Income Fund II.
  • ArkOne Capital Management Pte. Ltd. on the establishment of the ArkOne Fund, a China focused long-short equity fund, as well as their application to the Monetary Authority of Singapore to become a registered fund management company.
  • Heliconia Capital Management (as general partner of the SME Catalyst Fund) as investor’s counsel on its commitment to the Dymon Asia Private Equity (Southeast Asia) Fund, a Singapore-domiciled private equity fund focusing on SME investments in Singapore.
  • BlackRock Singapore on its registration of the prospectuses for BlackRock Singapore-domiciled ETFs listed on the Singapore Exchange (SGX), namely the iShares MSCI India Index ETF, and the iShares J.P. Morgan USD Asia Credit Bond Index ETF and iShares Barclays USD Asia High Yield Bond Index ETF.

*Includes matters completed prior to joining Sidley.

Publications
Memberships & Activities
  • Asia Pacific Board (Council) Director and Singapore National Group Chairman of AIMA (Alternative Investment Management Association)
  • Member of the Advocacy Committee of SVCA (Singapore Venture Capital & Private Equity Association)
  • Member of the Regulatory Committee of IMAS (Investment Management Association of Singapore)
  • Member of the Fund Management Working Group, IBF (The Institute of Banking & Finance)
News & Achievements
Events
  • “Private Debt - The Emerging Class of Alternative Asset Managers,” AIMA APAC Annual Forum, Hong Kong, January 2017.
  • “FCPA Enforcement: What Investment Managers Need to Know”, Sidley Austin seminar, Singapore, December 2016.
  • “Industry Insights and Key Business Challenges,” Ernst & Young’s Global Hedge Fund Symposium Series, Singapore, December 2016.
  • “What is the Future for International Investment Funds?” Clearstream Investment Fund Services Expert Discussion, Singapore, November 2016.
  • “Corporate Governance in Asia,” The Inaugural Roundtable on Environmental, Social and Governance (ESG) - The World of ESG: Issues and Opportunities, Singapore, November 2016.
  • “The Rise of Alternative Asset Managers in Private Debt: A Force for Good?” AIMA Singapore Breakfast Seminar, Sidley Austin, Singapore, October 2016.
  • “Anti-Money Laundering Workshop – The ‘New Normal’ and What You Need to Know,” Sidley Austin, Singapore, October 2016.
  • “Fund Structuring in a ‘New Normal’ World,” Offshore Markets: Opportunities and Market Access Forum hosted by CME Group and Société Générale, Shanghai, June 2016.
  • “Global Regulation Roundup and Updates – United States,” IMAS 3rd Regulatory & Legal Roundup Forum, Singapore, February 2016.
  • “Key findings from EY’s Global Hedge Fund and Industry Survey/Panel Discussion,” Ernst & Young’s Ninth Annual Global Hedge Fund Symposium, Singapore, December 2015.
  • “What Assets Managers Can Expect for 2016?” AIMA Cocktail Reception, Singapore, November 2015.
  • “The Significance of the Asia Pacific and ASEAN Funds Passport Regime for the Industry in Asia,” Euromoney Learning Solutions 10th Annual Asset Management Asia Seminar-Legal, Regulatory & Compliance Issues, Singapore, September 2015.
  • “Looking Back. Looking Forward – Expectations vs. Reality in Investing,” IMAS 16th Annual Conference, Singapore, March 2015.
  • “Panel: Investor Engagement: Investor Protection and Investor Transparency,” AIMA in Asia 2015, Hong Kong, January 2015.
  • “Panel: Harnessing Opportunities for Capital Markets Expansion Locally and Regionally-What Needs to be Done?” Financial Time Live’s International Financial Centres Global Series, Singapore, January 2015.
  • “Market Misconduct and Insider Trading – Singapore,” Training Session for Millennium Capital Management, Singapore, December 2014.
  • “Global Hedge Fund Symposium in Singapore,” Ernst & Young’s Global Hedge Fund Symposium Series, Singapore, December 2014.
  • “Passporting, Mutual Recognition – Will At Long Last Funds Be Allowed To Be Sold Cross Border in Asia?” ASIFMA Annual Conference 2014, Singapore, November 2014.
  • “Asia – Merging into the Global Investment Community,” Tokyo Annual Conference of the International BAR Association, Tokyo, October 2014.
  • “Greater than the Sum of its Parts: Policy Commitment to the Growth of Asia’s Fund Industry,” AIMA Annual Conference, London, October 2014.
  • “The OTC Conundrum,” 7th Annual Energy Risk Asia Conference, Singapore, September 2014.
  • “Private Funds 2014: Developments and Opportunities,” Sidley Austin, New York, September 2014.
  • “The Impact of and Outlook on Regulation for the Hedge Fund Industry,” The Bloomberg Hedge Fund Forum, Singapore, July 2014.
  • “Building a New Future: The Asia Region Funds Passport,” jointly hosted by Sidley Austin and PwC, Singapore, June 2014.
  • “Alphabet Soup – Compliance for the Asian Fund Manager and Regulatory Challenges,” Maples Insights Alternative Investment Funds Forum, Hong Kong, May 2014.
  • “Are We There Yet? Current Global Regulatory Issues for Hedge Funds,” 9th Annual Asia Hedge Funds Leaders Conference, Singapore, May 2014.
  • “Working through EMIR and MiFID and Looking to Asia,” “Asian Funds Passporting: The End of UCITS,” Institutional Investor Legal Forum Spring Roundtable, London, May 2014.
  • “The Global Regulatory Environment for Alternative Investment Fund Managers,” Global ARC Investment Manager Dinner Talk, Singapore, March 2014.
  • “Fund Formation Trends and Operating in the Global Regulatory Environment-What you Need to Know for 2014,” Sidley Austin, Singapore, February 2014.
  • “Regulatory Outlook 2014,” Deutsche Bank’s Hedge Fund Consulting Group Breakfast Event, Singapore, February 2014.
  • “Managing Tax Risks to Ensure Compliance and Maximize Internal Rate of Returns,” Ernst & Young’s Seventh Annual Global Hedge Fund Symposium Series, Singapore, December 2013.
  • “Passport to the Region – Exporting the Singapore Fund,” IMAS Lunchtime Talk Series, Singapore, December 2013.
  • “Singapore Regulatory Update,” AIMA Japan 4th Annual Regulatory Update, Tokyo, November 2013.
  • “How the Buy-side in Asia is Adapting to OTC Clearing Mandates,” AIMA-CME GROUP Event: Panel Discussion, Singapore, October 2013.
  • “Asian Fund Passportability: Impact of Regulatory Reforms on Fund Markets and Investments,” The 9th Annual Brunei Darussalam Roundtable 2013, October 2013.
  • “EU/Asia Update: Private Funds 2013: Developments and Opportunities,” Sidley Austin, Singapore, September 2013.