Cadwalader Wickersham & Taft has taken the lead role on a key $4bn (£1.99bn) finance deal in China, advising new client China Southern Fund Management on the creation of the first fund under new regulations in the region.

Cadwalader fielded a team under London capital markets partner Angus Duncan and Beijing partner Mark Ropel for China Southern – one of the largest fund management companies in China – as it put together a $4bn fund offering. Associates Yong Kai Wong, Jem
Li and Carol Niu Xiaohui assisted on the deal.