John Sullivan

John Sullivan

John Sullivan is an M&A and funds partner with an Asia-Pacific regional practice. John specialises in investment funds, capital raising and securities, and M&A.

John is a cross-border expert, with particular focus on the real estate, infrastructure and financial services sectors. Having been extensively involved in cross-border Asian transactions for over a decade, John is recognized as a leading lawyer in Asialaw Leading Lawyers, Best Lawyers, Chambers Global, Chambers Asia Pacific and EuroMoney and was one of Australian Legal Business’ Hot 40 Lawyers.

Chambers Asia Pacific has recognised John as a Band 1 lawyer for investment funds for many years, noting that he is “called on for his extensive understanding of fund establishment and fund raising in Asia” and that “peers commend his Asia focus and cross-border capability, while clients attest that he is ‘responsive, technically brilliant and commercially aware’”.

John practises both English and Australian law.

Show moreShow less

Recent representative experience

John is a market leader in:

  • Asia regional fund establishment – John has unique experience of international fundraising available locally, having been fund counsel on some of the largest raisings in Asia-Pacific; and
  • cross-border investment for Asian, European, North American and other foreign clients, including fund managers and major sovereign wealth and pension funds.

John has extensive experience across a broad range of M&A transactions, including listed funds/REITs, IPOs mergers and restructures, joint ventures and convertible bonds.

Fundraisings

  • Currently acting on global infrastructure funds
  • US$870 million Macquarie China Everbright Infrastructure Funds
  • US$1.25 billion Macquarie SBI Indian Infrastructure Fund
  • US$85 million Invista/Boss partnership I LP
  • US$95 million AMP Capital Asian Giants Infrastructure Fund
  • US$100 million Infrastructure Fund of India
  • SG$385 million Ascendas Hospitality Trust Singapore IPO
  • Macquarie S$900 million Singapore listed Prime REIT and Macquarie Goodman Hong Kong Logistics Fund
  • Diversified Utility & Energy Trusts (DUET) – initial wholesale fund, IPO and later rights offers; POWERS IPO and rights offer
  • SPARK Infrastructure – IPO and later rights offer
  • Macquarie Communications Infrastructure – various capital raisings
  • Lion Indian Real Estate Fund.

Fund investments / M&A / restructures

  • Canada Pension Plan Investment Board’s (CPPIB) successful takeover bid with DEXUS for Commonwealth Property Office Fund
  • CPPIB’s investment in Sydney’s landmark Barangaroo office development and AMP Capital shopping centre trust
  • CIC’s consortium acquisition of Connect East toll road
  • GIC/Macquarie’s acquisition of Iglu student accommodation platform
  • Invesco’s acquisitions of office assets for German pension fund and Chinese investor client
  • Challenger’s acquisitions of 6 shopping centres for SWF client
  • LaSalle Investment Management’s acquisition of Trinity Funds Management
  • Lend Lease’s acquisition of shopping centre for SWF client
  • Acquisitions or bids for infrastructure assets including roads, ports, tunnels and wind farms
  • Securus’ acquisition of data centre portfolio (included in Keppel DC REIT IPO)
  • SPARK Infrastructure – restructure of listed group
  • DUET restructuring of United Energy, Multinet and Alinta Gas
  • Acquisitions, disposals and fund management JVs for Macquarie, involving Singapore, Hong Kong, China, India and Japan over a 10 year period
  • Cross border transactions for AMP Capital, Australand, Challenger, China Investment Corporation, CLSA, Goldman Sachs, Investec, Invista, Keppel, LaSalle Investment Management, Lend Lease, Macquarie, Pramerica Real Estate Investors and Securus.

Joint ventures

  • Australand Pan-Asian industrial and logistics joint venture with CapitaLand
  • China joint ventures between Macquarie and China Everbright
  • India joint ventures between Macquarie Capital, State Bank of India and IFC
  • Asian joint ventures between Macquarie Bank and Goodman.

Convertible bonds

  • Linc Energy A$200 million Singapore convertible bonds
  • Beach Petroleum A$150 million Singapore convertible bonds
  • FKP Property A$100 million Singapore convertible bonds
  • Western Areas A$125 million and A$225 million Singapore convertible bonds
  • Commonwealth Property Office Fund A$200 million Singapore convertible bonds
  • Macquarie Communications A$625 million and US$200 million Singapore convertible bonds
  • CFS Retail Property A$600 million Singapore convertible bonds.

John received his Bachelor of Economics and Bachelor of Laws (Honours) degrees from Sydney University. He also received a Graduate Diploma of Applied Finance and Investment.

Location

Legal insights

This article highlights the key amendments including changes relevant to the financial services, e-commerce and telecommunications sectors etc.

19 October 2016

Singapore is reacting positively to Africa’s improving investment climate despite the effect of low commodity prices.

19 July 2016

The wave of global regulatory reforms affecting fundraising has been far-reaching and can have an impact on funds, fundraising and investment.

27 May 2015

Asian private equity markets are showing encouraging signs across the board in fundraising, deals and exits.

27 May 2015