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Michelle Kwan

Partner

Michelle’s practice focuses on corporate and securities matters, including corporate venture capital and strategic investments, equity financings, public and private offerings and mergers and acquisitions.
She regularly counsels corporate venture capital and strategic investors, investment funds and other venture capital investors on investments, divestments and other portfolio company matters. Her clients include Chevron Technology Ventures, Citigroup, CVS Health Ventures, Dick’s Sporting Goods, Texas Instruments, USAA and Yamaha Motor Ventures.

Experience

Representative matters

Venture Capital and Private Equity:
  • The corporate venture investment arm of a large insurance and financial services company in its strategic investments in innovative and disruptive fintech, insurtech, enterprise infrastructure and security, data and AI companies.
  • The corporate venture investment arm of a global mobility manufacturing company in its strategic investments in innovative robotics, transportation, digital health and wellness, fintech, data and AI companies.
  • The strategic investment arm of a multinational investment bank and financial services company in its strategic investments in innovative fintech, data analytics and AI companies.
  • The corporate venture investment arm of a multinational energy company in its strategic investments in core and innovative energy technology companies.
  • The corporate venture investment arm of a Fortune 500 sporting goods retailer in its strategic investments in innovative sports and retail companies.
  • The corporate venture investment arm of a global computer company in its strategic investments in innovative technology companies, including cloud security, AI, genome sequencing, data analytics, machine learning software and semiconductors.
  • The corporate venture investment arm of a cloud computing software company in its strategic investments in innovative enterprise infrastructure and DevOps technology companies.
  • A large insurance and financial services company in its investments in various venture capital investment funds.
  • A venture capital fund in its investments in innovative technology companies in the natural gas industry.
  • A state government investment organization in its strategic investments and fund formations.
  • A global investment firm in its seed investment in a self-storage real estate investment fund with initial properties located in Asia.
Public Offerings:
  • Ibere Pharmaceuticals, a blank check company formed for the purpose of effecting a merger in the pharmaceutical and life sciences industries, in its $138 million initial public offering.
  • The underwriters in the $90 million initial public offering of a ski resort company.
  • A selling stockholder in a $108 million follow-on offering of a digital automotive marketplace company.
  • A supply chain management software and services company in its $50.6 million initial public offering.
  • A physician practice management company in its $36 million initial public offering.
  • The underwriters in the $89.9 million initial public offering of a propagation and optimization solutions provider for the wireless industry.
Mergers and Acquisitions:
  • A warehouse logistics software company in its acquisition by a supply chain technology company.
  • An allergy lab company in its acquisition of a competing allergy lab company.
  • A Fortune 500 computer technology corporation in its acquisition of a California-based storage optimization company specializing in data deduplication.
  • An international pharmaceuticals company in its acquisition of a California-based consulting and reimbursement services company.
  • A storage resource management company in its acquisition by a publicly traded IT management software company.
  • A portfolio company of a Dallas-based private equity firm in its purchase of the assets of an offshore commercial diving company.
  • A leading home healthcare and hospice services provider in its acquisition of two regional home healthcare and hospice service providers.

Speaking Engagements

  • Presenter, “Annual Board of Directors Update” February 2024
  • Presenter, “Corporate Venture Capital Trends” January 2023
  • Presenter, “Corporate Venture Capital Trends” October 2022

Leadership Positions And Professional Affiliations

  • Austin Bar Association
  • National Asian Pacific American Bar Association
  • Asian Pacific Interest Section of the State Bar of Texas
  • Austin Asian American Bar Association
  • Mother Attorneys Mentoring Association of Austin

Qualifications

Admissions

Texas, 1995

Academic

B.S., Economics (cum laude), The Wharton School of the University of Pennsylvania, 1989

J.D. (with honors), The University of Texas School of Law, 1995

Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.