APG Asset Management and CBC Group’s Launching of a Healthcare Infrastructure Platform

Baker McKenzie advised APG Asset Management in the deal.

APG Asset Management, the largest pension provider in the Netherlands, executed the launch of a new Asia Pacific healthcare platform, CBC Healthcare Infrastructure Platform in partnership with CBC Group, Asia’s largest healthcare-dedicated investment firm. The launch coincides with APG’s USD 400 million cornerstone investment into CBC China Life Science Infrastructure Venture, a China-focused life science venture established by CBC HIP targeting USD 1.5 billion in total equity commitments.

The Baker McKenzie team was led by Partner Jason Ng (Picture), and included Senior Associate, Julia Chia, and Associates, Deanna Liu and William Tsang. Baker McKenzie Partner Stephen Crosswell, Senior Counsel Laura Liu of FenXun Partners (Baker McKenzie’s Joint Operation partner in the Shanghai Free Trade Zone (FTZ)) and Senior Associate Donald Pan provided competition law support, while Partner Alex Gong of FenXun Partners advised on the real estate aspects of the transaction.

Involved fees earner: Julia Chia – Baker McKenzie; Stephen Crosswell – Baker McKenzie; Alex Gong – Baker McKenzie; Deanna Liu – Baker McKenzie; Laura Liu – Baker McKenzie; Jason Ng – Baker McKenzie; Donald Pan – Baker McKenzie; William Tsang – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: APG Asset Management N.V.;