Eldon Chan

Eldon’s experience includes advising*:

Private Equity and M&A

• Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately US$57.1 billion of assets under management, on the following transactions:
  • Stonepeak’s preferred share investment into AGP Sustainable Real Assets, a Singapore-based global infrastructure and real assets developer and operator. “Highly Commended” for “Best Infrastructure Deal – Singapore/APAC”, FinanceAsia Achievement Awards 2024.
  • Stonepeak’s establishment of Peak Energy, a Singapore-based platform dedicated to the development, ownership, and operation of renewable assets in Asia.
• KKR on its primary and secondary investment into PHINMA Education, one of the largest private higher education groups in Southeast Asia with colleges and universities in the Philippines and Indonesia.
• Hillhouse Capital on its bid to acquire Eu Yang Sang, one of the leading traditional Chinese medicine retailer and manufacturers in Asia.
• Xenith IG, a portfolio company of DigitalBridge and Columbia Capital, on its various acquisitions in Southeast Asia.
• GDS Holdings Ltd, a leading developer and operator of high-performance data centers in Asia, on its joint venture with the Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, to develop and expand the data center landscape in Indonesia.
• ChrysCapital, a leading investment firm in India, on its bid to acquire Indian medical device maker Healthium Medtech (in conjunction with Mankind Pharma) from Apax Funds.
• SSG Capital Management on a proposed US$300 million co-investment into certain critical infrastructure assets.
• Genesis Medtech, a Singapore- and P.R.C.-based life sciences medical device company, on its acquisition of a drug-coated balloon from QT Vascular (SGX: 5I0) and joint venture with Shockwave Medical (Nasdaq: SWAV).
• Hailiang Group, a P.R.C.-based diversified mining conglomerate on its hostile takeover of ASA Resource Group (LSE: ASA) and subsequent auction bid of certain assets.

Technology Transactions and Venture Capital

• Grab Holdings on its various acquisitions and investments in Asia.
• Lightspeed India Partners and Peak XV (fka Sequoia), as lead investors in the Series C financing round of Aspire, a Southeast Asia-based neobank which offers a full-stack finance operating system for businesses. 
• Jungle Ventures, a Singapore-based venture capital fund on its various venture capital investments in Southeast Asia. 
• Anderson Investments, an investment arm of Temasek, Singapore’s sovereign wealth fund, on its pre-IPO investment in Bolt Threads, a California based biomaterials startup and various other technology-related investments in the United States.
• EE Capital in connection with their investments in Hopscotch – an Indian e commerce fashion retailer – and the subsequent investment round led by Amazon.
• Lever VC, a U.S.-based alternative proteins venture capital fund, as lead investor in the Series A financing round of Bond Pet Foods. 
• EDBI, the investment arm of the Singapore Economic Development Board, in its Series A investment in Automera, a company developing an autophagy drug designed to target chimera small molecules (AUTACs).
• Coatue Management, a U.S.-based hedge fund, on its various venture capital investments.
• Endowus, a Singapore-based digital investment advisor, on its SG$23 million Series A fundraise led by Lightspeed and its subsequent SG$35 million fundraise co-led by Naspers and EDBI.
• eFishery, an Indonesia-based aqua-tech startup, on its US$90 million Series C fundraise co-led by SoftBank, Temasek, and Sequoia.
• Spenmo, a Singapore-based cloud payments software and expense management platform startup, on its US$35 million Series A fundraise led by Insight Partners and its US$85 million Series B fundraise led by Tiger Global.
• G7 Networks, a leading P.R.C.-based internet of things logistics startup, on its US$300 million Series D fundraising and HK$250 million cold chain logistics joint venture 
• Meesho, an India-based social commerce platform on its US$300 million Series E fundraise led by SoftBank.
• with Marubeni Corporation.
• Mineski, a Philippines-based e-sports startup, on its US$10 million Series A fundraise led by Mizuho.
• Cosmart, an Indonesian membership-based e-commerce platform for essential products, in the closing of its Series Seed fundraise, which was led by Lightspeed Ventures, with participation from East Ventures and Vertex Ventures.
• Pintarnya, an Indonesia-based HRtech startup, in its Series Seed fundraising by Sequoia Capital, General Catalyst, East Ventures, and Vertex Ventures.
• Diri Care, an Indonesia-based consumer health technology startup that operates a digital clinic focusing on skin, hair, and related health conditions, in the closing of its Series Seed fundraising co-led by East Ventures and Sequoia Capital.
• Snap Inc. (NYSE: SNAP) on its various venture capital investments.

*Includes transactions completed prior to joining Sidley.