Top of page

Sijia Cai


Advises fund sponsors on the organization, marketing and operation of private investment funds. Represents sponsors and investors in complex secondary transactions.

Sijia advises private fund sponsors in connection with the organization, marketing and operation of private investment funds, including private equity funds, hedge funds, real estate funds, venture capital funds and co-investment funds. She has particular experience representing private fund sponsors and institutional investors in connection with a broad range of complex secondary transactions, including GP-led secondary transactions.

Sijia regularly advises institutional investors on investments in private funds and other advisory arrangements. She also provides regulatory and compliance advice to investment managers and other financial institutions regarding compliance with the Investment Company Act and Investment Advisers Act.


Experience highlights

Fund formations
  • TruArc Partners (successor to Snow Phipps) on its acquisitions of Lamark Media Group, Molded Devices and Trademark Cosmetics
  • TruArc Partners on the formation and sale of interests in multiple single asset co-investment vehicles
  • GHK Capital Partners on its $410 million fundraise for its inaugural fund
  • GHK Capital Partners on its acquisitions of Hasa, ITS Logistics and Auveco, and the formation and sale of interests in related single asset co-investment vehicles
  • A global asset manager on the launch of its flagship hybrid hedge fund
  • Mudita Management on the launch of its flagship hybrid hedge fund
  • Mudrick Capital Management on various private fundraisings and separately managed accounts
  • Trilantic Capital Management on the formation of co-investment vehicles in connection with investments in DJR Energy
  • Czech Asset Management on the formation of the SJC Direct Lending Fund III complex, a direct lending fund
Secondaries and other transactions
  • A global bank’s alternative investment group in connection with multiple GP-led secondary transactions and LP portfolio sales
  • Coller Capital on multiple investments in GP-led secondary transactions
  • CPPIB on multiple transactions
  • A secondaries focused investment firm in connection with multiple secondary transactions
  • A credit fund manager on a GP-led secondary recapitalization of a fund complex
  • An asset manager on multiple GP-led secondary transactions involving liquid and closed-end funds
  • Enfoca Asset Management on a $950 million GP-led secondary recapitalization of several funds
  • A global bank in various co-investment and strategic investment arrangements with private equity and venture capital sponsors


J.D., Harvard Law School
B.A., French, Yale University
  • summa cum laude
Professional history
  • Partner, 2023-present
  • Counsel, 2022-2023
  • Davis Polk since 2014
Qualifications and admissions
  • State of New York
Back to top