Felicia Marie NG is a Partner in the Asset Management & Funds Practice.  

Her main practice area is in private investment funds.

She regularly advises fund managers and sponsors in the establishment and structuring of private equity funds, real estate funds and venture capital funds, as well as family offices, pension funds, sovereign wealth funds and other institutional investors as investors of alternative investment funds. She also advises clients on tax exemption schemes such as the Singapore Resident Fund scheme and the Enhanced-Tier Fund scheme as well as the regulatory and licensing issues relating to Singapore securities and financial advisory law.

Felicia also advises high-net-worth individuals and families on the establishment of family offices, with a multidisciplinary approach covering regulatory, legal and tax aspects. She also regularly advises on the establishment and structuring of family investment funds, including the use of trusts, umbrella holding structures and underlying portfolio companies, both within and outside of Singapore, and private label investment funds for high-net worth clients. 

Felicia is highly regarded as an investment funds lawyer by various legal publications including Chambers Asia-Pacific, The Legal 500 and IFLR1000. She is " calm and level-headed, and unafraid to challenge the clients and provide solutions to better achieve the client's goal in a risk-controlled manner." Clients "enjoyed working with her and would strongly recommend her to PE, VC and related firms." "The solutions Felicia provides are carefully thought through, fully taking into account the twin goals of minimising risk and maximising commercial objectives."

Felicia graduated from the National University of Singapore and is admitted to the Singapore Bar. Felicia completed the Advanced Tax Programme by the Tax Academy of Singapore and the Advanced Management Programme in International Tax, a joint initiative among the Tax Academy of Singapore; International Tax Center, University of Leiden, the Netherlands; and Nanyang Business School, Nanyang Technological University, Singapore. Felicia is a Trust and Estate Practitioner registered with the Society of Trust and Estate Practitioners.
 

Significant transactions that Felicia has been involved in include advising / acting for the following:

  • The sponsors and the investment manager for the formation of Primus Partners Trust, which is backed by Hillhouse Capital and JINGDONG Property, Inc. which acquired a Singapore logistics portfolio from ESR-Logos REIT for S$350 million. We also acted for the formation of 5 sub-trusts that are wholly held by Primus Partners Trust for the purpose of making the acquisition of the portfolio.
  • Canada Pension Plan Investment Board in relation to its US$375 million investment representing a 25% stake in Raffles City China Investment Partners III, a fund which will invest in prime integrated developments in gateway cities in the PRC, with a fund size of US$1.5 billion.
  • CapitaLand Limited's largest private capital-raising; the sponsor and fund manager of Lion-OCBC Capital Asia Fund I, L.P. which is the first private equity fund established by OCBC Bank to invest in Singapore, Malaysia, Indonesia and China and which raised S$550 million.
  • As Singapore counsel to Mapletree Investments Pte. Ltd. and Mapletree Real Estate Advisors Pte. Ltd. as sponsor and fund manager of Mapletree China Opportunity Fund II, a private real estate fund, which raised US$1.4 billion.
  • Institutional investors from Asia and North America in their investment of up to US$500 million in CapitaMalls China Development Fund III, a closed-end US$1 billion private equity fund sponsored by CapitaMalls Asia Limited.
  • Kohlberg Kravis Roberts & Co. L.P., as Singapore counsel, in the establishment of an investment structure in relation to a non-banking financial company that will provide structured credit solutions to the real estate sector in India.
  • Ascendas Pte. Ltd., AXA Real Estate Investment Management (Singapore) Pte. Ltd., CapitaLand Limited, ING Real Estate Investment Management (Asia) Ltd., Mapletree Investments Pte. Ltd., Pacific Star Holdings Pte. Ltd. and The Ascott Group in the establishment of their private equity real estate funds.

Related Practices

  • Asset Management & Funds

Chambers Asia Pacific – Asia-Pacific's Leading Lawyers for Business

  • Investment Funds – Singapore: Band 3  

"Felicia Marie Ng is very professional, efficient and commercial in her approach. She is a trusted legal adviser."

" Felicia is very responsive with excellent client and counterparty handling skills. She managed the overall process well to achieve a speedy and business-focused outcome."

" Felicia is calm and level-headed, and unafraid to challenge the clients and provide solutions to better achieve the client's goal in a risk-controlled manner. The solutions she provides are carefully thought through, fully taking into account the twin goals of minimising risk and maximising commercial objectives."

" I very much enjoyed working with Felicia and would strongly recommend her to PE, VC and related firms."

The Legal 500: Asia Pacific – The Client's Guide to the Asia Pacific Legal Profession

  • Investment Funds – Singapore: Leading Partner   

Felicia is " very knowledgeable and helpful."

IFLR1000 - The Guide to the World's Leading Financial Law Firms

  • Investment Funds – Singapore: Highly Regarded