Han Kun represents Snowball in its acquisition of Fundsafe Capital, a wealth management platform
August, 2021 - Beijing, Mainland China
Recently, Snowball reached an agreement in respect of its acquisition of 100% interests in Fundsafe Capital, a wealth management consulting company. Han Kun provided a full range of legal services to Snowball with respect to this deal, relying on our extensive experience and deep understanding of mergers and acquisitions and the asset management industry. Our services included designing the transaction structure, due diligence on the asset management business of Fundsafe Capital, and the drafting and negotiation of transaction agreements.
Snowball is a wealth management platform focusing on community development investment. Fundsafe Capital is an asset management institution that provides ultra-high-net-worth clients with integrated services including wealth management, investment banking and asset management, family business governance, as well as wealth management solutions. Li Nan, the CEO of Snowball, said that Snowball hopes to fully integrate Snowball's brand operations, content, and online platform with Fundsafe's capabilities with respect to its products and comprehensive services; and to fully combine Snowball's digital capabilities with Fundsafe's consummate client performance capabilities, thereby creating a new business model in the private wealth industry to better help clients meet their fundamental demand to realize wealth appreciation.
