Netherland firm establishes joint venture with Chinese securities company

May 08, 2008 | BY

clpstaff &clp articles

Life insurance and pension groups AEGON International N.V. (AEGON), and China's Industrial Securities have completed the establishment of a Sino-Foreign…

Life insurance and pension groups AEGON International N.V. (AEGON), and China's Industrial Securities have completed the establishment of a Sino-Foreign fund management joint venture. AEGON secured a 49% stake in Industrial Fund Management Company (IFMC) while Industrial Securities will hold a 51% interest.

The joint venture will be renamed AEGON Industrial Fund Management Company (AIFMC).

Yuan Tai Law Firm represented IFMC and Industrial Securities, while Allen & Overy represented AEGON. The Allen & Overy team was led by Shanghai-based partner Victor Ho, supported by Richard Kim and Lynn Yang and senior associate Simon Hui.

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