Harneys advises on landmark transaction for REVA Corporation

15 Apr 2025

Harneys acted as Cayman Islands counsel to REVA Corporation in connection with the establishment of CI1 LP and GT1 LP. The primary objective of both funds is to offer investors risk-adjusted returns through a portfolio of control investments in small to medium-sized enterprises, which are either headquartered in Japan or conduct their primary business operations there. This is achieved by enhancing these businesses through the acquisition of rights to influence or voting rights that can affect management decisions. This landmark transaction marked the first time a Japanese manager successfully admitted international institutional investors into their initial funds.

REVA is an emerging private equity fund manager providing management support to various companies both within Japan and internationally.

The Harneys team was led by Partner Yucheng Fan, with support from Counsel Jacquelyn Wong and Legal Manager Betty Chen. Kirkland & Ellis served as a lead legal counsel on the international fundraising, while Nagashima Ohno & Tsunematsu served as legal adviser for Japanese law.

Harneys’ Investment Funds team advises on all aspects of the life of a BVI, Cayman, Cyprus, or Luxembourg fund, including formation, restructuring, and closure, both in distressed and planned scenarios. The firm’s funds lawyers sit side-by-side with the funds team from its strategic alliance partner, Harneys Fiduciary, allowing Harneys to provide integrated legal and administrative support to its funds clients.

For further information, please get in touch with the Harneys team at Byfield Consultancy.

Harneys advises on landmark transaction for REVA Corporation

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