Dear Subscriber,

Upcoming Event

_

Date: April 9, 2014 (Wed) FULL
Time: 18:30  - 20:30
Venue: Harcourt Suite, Hong Kong Club, 1 Jackson Road, Central, HK
Fee: Full Member/ Associate MemberHK$400
                  Non-member: HK$850

Sponsored by:

                         

_________________________________________________________

Date: April 24, 2014 (Thu)
Time: 19:00  - 21:00
Venue:        
 
HAVANA BAR, 4/F, The Plaza, 21 D’Aguilar Street,
Lan Kwai Fong, Central, Hong Kong
Fee: Cash bar basis

 _________________________________________________________

Full Members Only Event

Technical Update – Feedback on the current ‘Challenges’ to PE firms from a tax, legal and regulatory perspective FULL

Date:  April 30, 2014 (Wed) 
Time:          12:30 - 14:00
Venue:
      
Conference room of Hong Kong Stock Exchange,
1/F., One and Two Exchange Square, Central, Hong Kong
 

Speaker:
John Levack, Chairman of Technical Committee, HKVCA

Full Speakers Bio

 _________________________________________________________

Members Only Event

Date: May 9, 2014 (Fri) 
Time: 08:00  - 09:00
Venue: Hong Kong Club, 1 Jackson Road, Central, HK
Fee: Full Member (Corporate): One free pass per company
                  Full Member (Additional pass)/ Associate Member: HK$250

   Sponsored by:

  

 _________________________________________________________  

Members Only Event

Structuring GP Arrangements: Carried Interest, Governance
and Pitfalls

Date:  May 13, 2014 (Tue)
Time: 12:30 - 14:00
Venue:        
 
 
Conference room of Proskauer's Office,
Suites 1701-1705, 17/F, Two Exchange Square,
8 Connaught Place, Central, Hong Kong 
Fee:
 
Full Member (Corporate): One free pass per company
Full Member (Additional pass)/ Associate Member: HK$200
CPT: 1 point

Speaker:
Lynn Chan, Consultant, Proskauer

Full Speaker Bio

   

 _________________________________________________________  

Members Only Event

How to get ready for the Regulators' call and Pitfalls

Date:  May 21, 2014 (Wed)
Time: 12:30 - 14:00
Venue:        
  
Conference room of Davis Polk & Wardwell LLP
8/F, Hong Kong Club Building, 3A Chater Road, Central, Hong Kong
Fee:
 
Full Member (Corporate): One free pass per company
Full Member (Additional pass)/ Associate Member: HK$200
CPT: 1 point

  • Areas of government enforcement risk for venture capital firms
  • The government investigation process and potential outcomes
     - Hong Kong regulatory context    
     - U.S. regulatory context
  • Thinking strategically from the outset to manage the investigation process
  • PRC enforcement/litigation process

Speakers:
Martin Rogers, Partner, Davis Polk <Full Bio>
James Wadham, Partner, Davis Polk <Full Bio>

   

 _________________________________________________________  

Conducting Effective Due Diligence in Asia: A Practical Guide

From investment risks associated with fraud to large-scale fallouts like Caterpillar’s investment in ERA Mining and issues surrounding Chinese Reverse Takeovers, our speakers will review major events and trends, and offer guidance on how investors can protect themselves from risks that may or may not be apparent from financial records. Addressing issues from investigative, financial and legal perspectives, we will complement our methodology with key case studies from around the region.

Date:  May 27, 2014 (Tue)
Time: 14:30 - 17:00
Venue:        
  
FTI Consulting Office
Level 22, The Center 99 Queen's Road Central Central
Fee:
   
 
Full Member (Corporate): HK$150
Associate Member: HK$300
Non-member: HK$600 
CPT: 2 points

Sponsored by:    

Speakers:
Nick Gronow, Senior Managing Director, Corporate Finance/Restructuring, FTI Consulting  <Full Bio>
Stuart Witchell, Senior Managing Director, Global Risk and Investigations, FTI Consulting  <Full Bio>
James Ford, Partner, O'Melveny & Myers <Full Bio>

    

_________________________________________________________

Date: June 13, 2014 (Fri)
Time: 8:30  - 17:45 followed by Cocktail Reception
Venue:        N201, Hong Kong Convention and Exhibition Centre
CPT: 6 points

Platinum Sponsors:

                                   

       

                                 

__________________________________________________________


Gold Sponsors:

                                         

_________________________________________________________

Silver Sponsor:  Venture Forum Sponsor:
     

__________________________________________________________

 Cocktail Sponsor: 

 

  

(in conjunction with CPES)

Date: June 13, 2014 (Fri)
Time: 14:15  - 17:45 followed by Cocktail Reception
Venue:        N206 -208, Hong Kong Convention and Exhibition Centre

   

Organised by:    Co-organised by: PR Partner:
HKVCA

 


For more details, please visit here.

   

     ____________________________________________________________

Save the Date



*Topics included:

  • Early Stage Investment
  • Module 1: PE Basics
  • Module 2: The Investment Decision
  • Module 3: Transaction Documentation
  • Module 4: Post Investment
  • Module 5: LP Universe & Fund Raising
  • Case Study: Pacific Coffee
  • Case Study: GE Equity
Date:       Sep - Oct, 2014 (date to be confirmed)
CPT: 3 points per module, 1.5 points per case study

*The above information is subject to change until final confirmation.

HKVCA 11th Annual Golf Day 2014
March 21, 2014


Group Photo


Sponsors and HKVCA Golf Organizing Committee

From left to right, Steve Martinez (Apollo Global Management), CJ Lee (Affinity Equity Partners), Farhan Faruqui (Citigroup Global Markets), Jonathan Zhu (Bain Capital)

The annual HKVCA Golf Day was a tremendous success with 63 eager golfers, a record number, teeing off in 16 flights under brilliant blue skies and warm sunshine. A windy day provided some challenges to the big hitters and, after completing their rounds, the tired golfers enjoyed a restorative lunch and the opportunity to share war stories. We would like to express our thanks to our generous sponsors, namely Platinum Sponsor Citi, Gold Sponsors Ernst & Young, UBS, and Lexington Partners, Breakfast Sponsor Davis Polk, and Aon, our Lunch Sponsor. We would also like to thank the Golf Committee, Impact Golf Management and everyone who participated for contributing to the success of this most popular annual event.

Result:

Longest Drive: Herman Fong
Nearest the Pin: James Redmayne
Individual Net Winner: Sunil Chamdirmani
Individual Gross Winner: Robert Keys

Team Winners Team 1st Runner-up Team 2nd Runner-up
Abhinav Gorawara Justin McCarthy Varun Bery
Anurag Mathur Jeffrey Green Kirk Beaton
Christian Dunn Tim Bridges Tom Sherwood
Raju Ruparelia Jonathan Culshaw X. D. Yang


  

_________________________________________________________

Other Supported Events:

SVCA Private Equity Conference
15 April 2014

The 4th Annual SuperReturn China 2014
7 - 9 April 2014

Roundtable on Business Opportunities in Myanmar
for Hong Kong investors and business

11 April 2014

Entrepreneur Day 2014 "Fund & Mentor" Session
2 May 2014 by HKTDC

AVPN’s 2014 Annual Conference
14-15 May 2014

ASK 2014 2nd Global Private Debt & Equity Summit
14 May 2014

BVCA Forum on Private Equity and Venture Capital in Asia
22 May 2014

  

New Members Welcome


Overseas Full Member

dmg::information Asia Pacific

dmg::information Asia Pacific is a private corporate strategic investment fund, part of DMGT Group in London (Daily Mail General Trust). DMGT is a diversified information and media group listed in London with annual revenue of about 2 billion GBP. Other businesses in the group include the Daily Mail newspaper in the UK, Euromoney plc. dmg::information is a subsidiary of DMGT and specifically focus on and invest in industry specific information and data businesses and the current focus is on property, energy, education and structured finance sector. dmg::information Asia Pacific is the operation focused in Asia.

______________________________

Associate Member

Porda Havas International Finance Communications (Group) Holdings Company Limited

Porda Havas is a renowned PR and communications group with a global network that offers one-stop professional services including IPO communications, investor relations, international roadshows, cross-border M&A, corporate communications, crisis management, event planning and branding. It is a top achiever in the industry with the largest market share in Hong Kong. Since December 2010, it is now part of HAVAS (HAV.PA), and the AMO network, a leading financial communications network for international M&A activity. Through these international partners, Porda Havas serves as an effective gateway to bring overseas companies to the Chinese capital markets, and to bring Chinese enterprises to the Western capital markets.

______________________________

Overseas Associate Member

Preqin

Recent Events Report

Technical Series - Regulatory Updates on SEC and PE/VC in China
Apr 2, 2014

On Apr 2, 2014, a luncheon talk was held at the offices of Kirkland & Ellis which was attended by an audience of 37 dedicated members.

Speakers John Otoshi, Senior Corporate Partners, and Benjamin Su, Corporate Partner, of Kirkland & Ellis shared their expertise on the most recent updates from the SEC, which covers cooperation between the SEC and CSRC, variable interest entity structure (VIEs) and JOBS Act

Richard Guo and Bao Chen, both Partners, and Ying Zhang, Counsel, of Fangda Partners discussed updates on regulatory landscape of the private equity and venture capital in China including new private fund regulatory regime, QDLP and free trade zone. 

HKVCA Members Breakfast Meeting
April 4, 2014

On April 4, 2014, the always popular monthly breakfast meeting was again attracting 60 members in attendance. Thanks to all members and guests who supported this great networking event, and a special thanks to our sponsor FTI Consulting.

Industry News

Baring Asia-backed Nord Anglia raises $304m, jumps on debut
March 26 Wed, 2014

(AVCJ by Tim Burroughs) - Nord Anglia Education, a school operator controlled by Baring Private Equity Asia, saw its shares close up 12.5% on the first day of trading on the New York Stock Exchange. This followed an IPO that raised $304 million. Nord Anglia's peaked at $18.69 before closing at $18 on Wednesday. The company sold 19 million shares in the public offering, pricing them at $16 apiece, the midpoint of the indicative range. Baring Asia did not exit a portion of its holding but the PE firm's stake has been diluted to 74.6% from 93.3% ... 

View full article here

_____________________________

The price of rare whisky has grown for even a wee dram, providing an investment opportunity, say a pair of veterans from the wine and spirits industry.
March 17 Mon, 2014

(Asia Investor by Yvonne Chan) -

Q: What is both liquid and illiquid, domiciled in both the Cayman Islands and Scotland, and has a lifespan of seven years, but holds assets with a shelf life of decades?

A: A whisky private equity fund that is being targeted for launch in Hong Kong in June.

Platinum Whisky Investment Fund is what its founders – Rickesh Kishnani and David Robertson – claim will be the first PE vehicle to invest in rare supplies of single malt Scotch whisky ...

View full article here

_____________________________

Did Temasek overpay for its stake in AS Watson?
April 2 Wed, 2014

(SCMP by Peter Guy) - Li Ka-shing's latest move to quickly close a HK$44 billion private deal with Singapore's Temasek for 25 per cent of AS Watson may be convenient for him, but the future could reveal that the sovereign wealth fund overpaid for Asia's richest man's own perceived brand and prowess.

The deal solves one problem for Li - it allows him to pull out some capital from Watson and redeploy it for better returns ...

View full article here

_____________________________

HKVCA Reopens Career Page

HKVCA members can now utilize our new career page to post recruitment information. The service is free to members. For more information, please visit here or contact HKVCA


To remove from mailing list, please unsubscribe.

Contact us by +852-2167-7518 or hkvca@hkvca.com.hk  
Visit us by www.hkvca.com.hk

Facebook  Twitter  LinkedIn     © 2014 HKVCA. All Rights Reserved.