Building on its inaugural USD fund, Sands Talk Capital recently completed the formation and first closing of its new USD fund. Structured as a Cayman Islands exempted limited partnership, the fund invests on a global basis, primarily in early- to mid-stage companies in sectors related to artificial intelligence, applied technology and entertainment content, seeking long-term capital appreciation through private equity and equity-related investments.
Haiwen is privileged to have acted as lead counsel to Sands Talk Capital, advising on all aspects of the formation and first closing of the new fund. Looking ahead, Haiwen will continue to draw on its extensive fund formation experience to deliver efficient, high-quality legal services to its clients.
The leading partners of this project are Wang Qingjian and Elaine Li, with key members including Zhu Ling and Luo Tongxin.

