Clifford Chance remains a popular choice among investors and funds due to its deep institutional knowledge base built up over its many years in the market, and its ability to draw from broader resources both in the region and globally through its international network of offices. Following the retirement of Mark Shipman in May 2023, Matthias Feldmann heads the team, and combines deep industry knowledge, gleaned through strong trade body relationships, including the Alternative Investment Management Association (AIMA) with strong credibility among hedge and private real estate fund managers, in particular. Liyong Xing, who joined in June 2022 from Kirkland & Ellis, has strong connections with regionally headquartered funds including private equity funds, which she advises on structuring and regulatory matters, as well as on secondary transactions. As part of his broad ranging practice across asset classes, Rocky Mui has developed particular skill in relation to fintech matters.