Goodwin Procter has hired a new private equity partner in Hong Kong.
Bosco Yiu joins from Cleary Gottlieb Steen & Hamilton, where he was a Hong Kong-based associate. Hong Kong-qualified Yiu advises on stock exchange-related mergers and acquisitions, fund-raising transactions and compliance matters. In 2016, he was part of the Cleary team representing McDonald’s Corp. as the U.S. company sold its China business to a consortium led by state-owned investor CITIC Ltd. He joined Cleary in 2013 and practiced with legacy Herbert Smith in Hong Kong before that.
Yiu’s arrival makes up for the departure of two former Hong Kong law corporate partners, Andrew Yang and Christopher Yu—both also Cleary alumni who left Goodwin Procter in 2016.
The new hire comes as initial public offering-related deals are expected to pick up this year, after the Hong Kong Stock Exchange loosened listing rules late last month.
Goodwin Procter has made several additions to the Hong Kong office, which focuses primarily on private equity-related work from China and India. Earlier this year, fund formation partner Gregory Barclay relocated from London. Last year, the firm recruited former Fried, Frank, Harris, Shriver & Jacobson Asia head Douglas Freeman alongside partner Victor Chen both from Paul Hastings.