Arnold Li


Arnold specialises in financial services regulation and funds management across a broad range of asset classes, with experience advising both Australian and foreign clients on both domestic and cross-jurisdictional matters, across mergers and acquisitions, funds investment, custody arrangements, financial services regulatory and licensing matters.


Representative matters

A Japanese sovereign investor on its investment with targeted total combined commitments of approximately USD $50 million into a global infrastructure fund established by QIC Limited. Our role involved comprehensively overhauling the key investment documents for the purposes of our client’s investment in the Fund. 

A global real estate investment, operating and development company in respect of its acquisition of an interest in a student accommodation fund and shares in certain associated entities. 

Dexus on its acquisition of AMP’s $28bn real estate and domestic infrastructure business, comprising a platform of pooled funds and separately managed accounts. 

ASIC licensing including credit licensing and AFSL licensing; ASIC breach reporting; APRA regulatory requirements; regulatory issues in respect of cross border transfers of data; cross-border marketing and selling of financial products; Anti-Money Laundering/Counter Terrorism Financing. 

Pro bono

Advising Art Gallery of New South Wales in respect of its Constitution and Memorandum of Understanding.



New South Wales, Australia, 2022


Bachelor of Laws (Honours) and Bachelor of Accounting, The Australian National University, 2021


Chinese (Mandarin)
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.