Halliwells and LG have advised on one of the largest Alternative Investment Market (AIM) deals to come to market in recent months after property fund Pacific Alliance China Land raised $400m (£194m) for investment in China.

Manchester-based Halliwells advised nominated adviser Grant Thornton Corporate Finance and broker LCF Edmond de Rothschild Securities on the deal. London corporate partner Matthew Puhar led the deal, assisted by associates Niha Bajpai and Deborah Angel.