Baker & McKenzie
has brought on a new head for its U.S. securities practice group in Hong Kong.
It is actually the third stint at Baker & McKenzie for Lance Chen, who worked at the firm’s Hong Kong office as a securities partner from 2000 to 2004 and also from 1997 to 2000. Qualified in the U.S., Chen specializes in advising Chinese and international companies on initial public offerings, listings, share placements and debt issues. He also advises on mergers and acquisitions, and corporate restructuring transactions.
Chen is re-joining Baker & McKenzie after a stint as an investment banker. He was most recently a managing director and head of execution at ICBC International Capital Ltd., the investment banking arm of Industrial and Commercial Bank of China Ltd. He joined the Chinese bank in 2011 from JP Morgan Chase & Co., where he was also a managing director in the investment banking group.
At ICBC, Chen was part of the bank’s team which worked on the Hong Kong IPOs of China Machinery Engineering Corp. and The People’s Insurance Co (Group) of China, both of which listed late last year.
Earlier in his career, Chen also held positions at now-defunct Bear Stearns and IDG Venture Capital Investment.
With Chen onboard, Baker & McKenzie has 123 lawyers based in Hong Kong, according to its website. The firm has some 4,000 lawyers worldwide.