HKVCA's 22nd Annual General Meeting was held on Thursday, June 25 at the China Club. 60 members and committee members attended the AGM. HKVCA Chairman Mr. Johnny Chan gave a detailed report of the activities and achievements of the association for the past year. The new Executive Committee of 2009-2010 was elected and they will work with members to implement new initiatives for the association. The AGM was followed by a luncheon talk by Mr. James Walker, Partner Hong Kong Office of Clifford Chance LLP on the proposed US and EU regulations on private funds. Given the impact of the proposed regulations on the industry, participants found the topic most informative and helpful as many firms may be impacted by the proposed regulation.