COMING EVENT

List of instructors:
David Bussmann, Partner, Asia Mezzanine Capital Group
Conrad Tsang, Managing Director, Baring Private Equity Asia Ltd
Alvin Ho, Managing Director, Chepstow Capital Advisors Ltd
Josephine Price, Managing Director and Chief Investment Advisor, Chepstow Capital Advisors Ltd
Wilton Chau, Founder & Managing Partner, QLeap Asia
Adjunct Professor (Finance) The Chinese University of Hong Kong
Basil Hwang, Managing Partner, Dechert LLP
Marvin Lai, Co-Chairman, Venture Committee, HKVCA
K. O. Chia, Co-President, HKVCA
Stephen Wozencroft, Partner, Jun He Law Offices
Craig Wilkinson, Managing Director, Lloyds TSB Development Capital (Asia) Ltd
John E. Lange, Partner, Paul, Weiss, Rifkind, Wharton & Garrison                         
Greg James, Associate Director, Tax Services, Pricewaterhouse Coopers, Hong Kong
Phoebe Lee, Associate Director, Valuation Advisory Services, Pricewaterhouse Coopers, Hong Kong
Boris Bong
, Managing Director, Squadron Capital Advisors Ltd
Allan Homeming, Advisor, SVG Capital

:: Download Full Program ::


Accreditation
1) SFC: Licensed individuals may claim CPT points on the courses taken which their employers consider those courses as relevant to the functions to be performed by them.
2) The Law Society accreditation.

HKVCA retains the right to make changes as it deems necessary.

COMING EVENT

Date: March 22, 2011 (Tuesday)

Time: 12:30 – 2:00 pm

Venue: The China Club,
14/F Old Bank of China,
1 Bank Street, Central, Hong Kong

Outline: General overview of Alternative Energy Investing... GE's experience

» Outlook for key sectors:
• Wind
• Solar
• Nuclear
• Others

» Outlook for regulatory support:
• Asia
• Europe
• Americas

» Case studies from GE

» Conclusion

Speaker: Mr. Mark Chen
Senior Managing Director
GE Equity Asia

COMING EVENT
Sponsorship Opportunity
If you are interested in sponsoring the event, please contact Patricia Chiu at Tel: 2845 6100 / Email: patchiu@hkvca.com.hk
SAVE THE DATE
Sponsorship Opportunity
If you are interested in sponsoring the event, please contact Patricia Chiu at Tel: 2845 6100 / Email: patchiu@hkvca.com.hk
COMING EVENT

HKVCA Members are invited to join the next breakfast meeting to networking and information share.


Date:
 February 14, 2011
 
 March 7, 2011

Time: 8:00 - 9:00am

Venue: The Hong Kong Club

Seats are limited and registration is on first-come-first-serve basis.

For enquiry, please call (852) 2845 6100.
Members Notice
HKVCA Membership Renewal 2011
Working on your behalf......
Renew before February 2011 and receive credits worth HK$4,000!
Since 1987, HKVCA has worked on behalf of all Venture Capital and Private Equity firms to promote private equity as high value-add partners to businesses and for its recognition as a strong driver for growth in enterprises and economies.

HKVCA's mission is to stimulate a vibrant venture capital and private equity industry in Asia while promoting the role of member firms in value creation, innovation and economic development. HKVCA provides a forum for networking and experience sharing for its members; promotes industry professional ethics, international best practices and standards; and represents the views of its members before governmental and other relevant bodies.

Your participation and support is of utmost importance in helping the Association fulfill its role. We urge your active involvement and contribution to the community.

For members renewing your membership for the year 2011 before end of February 2011, we offer a special credit of HK$4,000 which is redeemable at our events throughout the year. special offer is applicable when we have received your renewal fees. Renew early and start taking advantage of the savings!

If you wish to help us in any way, please contact Patricia Chiu at patchiu@hkvca.com.hk or Ivan Yip at iyip@hkvca.com.hk. Invoices have been sent for renewal. We very much hope you would continue to support our work and we look forward to your continued membership in the Association.

If there is a change of the representative/s of your firm, kindly update your firm's record by completing the attached form.
Membership Record Updates Form

• Full Member Update Form
• Associate Member Update Form
RECENT EVENT REPORT

Asia Private Equity Forum
January 19, 2011

For the first time, the Hong Kong Venture Capital and Private Equity Association and its strategic partner, Emerging Capital Markets Association (EMPEA), held its inaugural Asia Private Equity Forum on January 19, 2011, in conjunction with the Hong Kong's major financial flagship event, the Asian Financial Forum.

More than 30 distinguished speakers who are leading practitioners in Asia gathered to share knowledge of their markets in China, India, South East Asia and Central Asia. For the 240 participants from across the continents from China, US, Canada, India, Europe, Russia, Australia, Japan, Korea, Taiwan and South East Asia, it proved to be a worthwhile day in understanding the opportunities and challenges in each of the markets, and in very useful networking.  

Sponsors at the event were:
Platinum Sponsors –  Headland Capital Partners and Ropes & Gray
Gold Sponsors –  Deloitte & Touche and Factset
Silver Sponsor – ARC China


RECENT EVENT REPORT


HKVCA Gala Dinner
January 18, 2011

 

The Gala Dinner was a complete sell out!  It was a great way to kick off the New Year and to celebrate with colleagues and friends in the industry. The newly formed Young Professionals in Asian Private Equity as MCs set the fun mood for the evening.

200 guests were treated to energetic and impressive dance performances by the Society of Boys Centers talented adolescents.


RECENT EVENT REPORT
AFF Deal Flow co-organized by HKVCA
January 18, 2011

HKVCA co-organized 'Deal Flow' with HKTDC for the third year.

It drew more than 90 companies from 17 countries to meet potential partners and to seek collaboration opportunities. More than 300 one-to-one meetings were arranged. 20 HKVCA members including LPs and GPs actively participated.

The success of the 'Deal Flow' further strengthened Hong Kong as an international platform for companies around the world to develop business and investment deals.
RESOURCE

NEW FAQs Section
To enhance the support to members, a new FAQs section under Resource Page has been launched.  Members are welcomed to raise questions related to the industry through the webpage. The questions will be vetted and answered by Resource committee in batches.

OTHER EVENT Supported by HKVCA

SuperReturn China 2011

Date: March 28-30, 2011
Venue: Ritz Carlton, Financial Street, Beijing
Language: English and Mandarin (SI)
Organizer: ICBI
Registration: 10% discount for HKVCA members

The world's largest private equity event series brings together the most powerful LP & GP players in China. Hear from 80+ top local & international speakers. Learn about the most lucrative PE & VC opportunities and pressing issues. Simultaneous translation in Chinese and English.


For more details, PLS visit website www.icbi-events.com/FKR3A3THKVCA2

10% discount – quote VIP: FRK3A3THKVCA when you register.
 
   
EVENT CALENDAR
February 14, 15, 17, 22, 24
HKVCA Private Equity Fundamentals Course
March 22
Luncheon Talk: Alternative Energy Investing... GE's experience
March 25
HKVCA 8th Annual Golf Day
June 13
HKVCA 10th China PE Summit
SEC Comment
HKVCA endorsed O'Melveny & Myers's comment letter to the Securities and Exchange Commission (SEC) covering
I The $25 million threshold for the "Foreign Private Adviser Exemption" should be increased to $100 million
II An alternative AUM calculation methodology that would address the fluctuation of asset and currency values should be adopted
III Fund Valuation Reporting should be kept confidential

:: Download the Letter ::

NEW MEMBERS WELCOME
Full Member

Sky Mountain Capital Management Group
Represented by
Mr. Graham Soutar and Mr. Paul Devlin

Sky Mountain Capital is a Shanghai and Hong Kong based private equity firm focusing on direct investments in industrial, manufacturing and resources companies. We specialize in making direct investments in Chinese companies, or in European or Middle Eastern companies where deals have a strong China dimension.

Samena Capital
Represented by
Mr. Shirish Saraf and Mr. Simon Wong

Samena Capital is a premier investment group focusing on principal investments in the Subcontinent, Asia, Middle East and North Africa, collectively known as the SAMENA region. Established in February 2008 by some of the most prominent 'valuepreneurs' in the SAMENA region, it manages approximately US$400 million of assets. It has two regulated investment advisors based in London and Hong Kong and an office in Bahrain that provides research and operational support.

Associate Member

Orangefield
Represented by
Mr. Vincent Bremmer and Ms. Saskia van Lier

Orangefield Trust offers cross border tailor made corporate, fiduciary and fund administration solutions to a diverse client base of (stock listed) Fortune 500 companies, financial institutions, international private equity firms, venture capital and real estate managers, private banks and high net worth individuals. Orangefield Trust (Hong Kong) Limited forms part of the Orangefield Trust global network of offices. The history of the Hong Kong office dates back to the late 1980's when ING Trust established its business in the city. In 2007 the company became independent under its current name, where after it continued to gain footprint as global corporate, administrative and trust services provider.

NEWS UPDATE
General Director of Hong Kong China Chamber of Commerce (HKCHCC) visited HKVCA
January 12, 2011

Ms. Huiyan Pui, General Director of Hong Kong China Chamber of Commerce (HKCHCC) visited HKVCA and held useful discussions with Mr. Johnny Chan, Chairman from HKVCA, Mr. Vincent Chan, President of HKVCA, Ms. Petrina Tam and Mr. John Li from the China Committee. Both parties expressed enthusiasm to further develop closer cooperation between mainland China and Hong Kong.



Signing Memorandum of Understanding (MOU) between Hong Kong China Chamber of Commerce (HKCHCC) and HKVCA in Hong Kong
January 20, 2011



Hong Kong China Chamber of Commerce (HKCHCC) signed Memorandum of Understanding with HKVCA in Hong Kong. Mr. Conrad Tsang, Chairman of PRC Committee was invited as VIP guest at the Signing Ceremony. The MOU enhances collaboration in promoting business and economic development between Mainland China and Hong Kong.
The Hong Kong Business Angel Network ("HKBAN"), a network established by the founding members HKVCA, Hong Kong Science and Technology Parks and the technology transfer offices of the major universities in Hong Kong. HKBAN is a platform for angels and entrepreneurs to facilitate the funding and development of young businesses.

HKVCA is now soliciting the registration of angels who invest in seed and early stage opportunities raising up to HK$5,000,000. Please recommend colleagues, friends and investment partners who may be appropriate as angel investors.

For registration, please send the completed form to Sam Wong at swong@hkvca.com.hk or Tel: 2845 6100.
 
JOB CORNER ON HKVCA WEBSITE


Attracting and retaining talent has always been the key to long-term success of any great company. HKVCA welcomes member firms to advertise their openings on HKVCA website. If there are vacancies in your firm, please fill in the attached form and email to enquiry@hkvca.com.hk

Each opening will be posted on HKVCA's website for one month. The service is free of charge.

:: Job Placement Form ::

See Job Opening
STATUS AS A RECOGNISED INSTITUTION FOR PROVIDING CPT (CONTINUOUS PROFESSIONAL TRAINING)
The Hong Kong Securities and Futures Commission (HKSFC) has approved HKVCA as a Recognised Institution for Providing CPT (Continuous Professional Training). HKVCA's training courses, seminars, summits, conferences and forums may be applicable for claiming CPT points. For more details, please refer to "Education" section of our website.
HKVCA SPEAKERS


HKVCA receives regular requests from various trade bodies and associations for speaker roles. Would you like to get involved and speak on behalf of HKVCA and promote our association and industry? Please contact Patricia Chiu at Tel: (852) 2845 6100 or patchiu@hkvca.com.hk to enroll on our speakers list.
HKVCA Corporate rate is available

at Hong Kong:
• Conrad Hotel HK,
• Fleming Hotel HK


at Shanghai:
• L'otel Shanghai

Contact Ms. Lilia Chin at lchin@hkvca.com.hk for more details.
 
 

Hong Kong Venture Capital and Private Equity Association Limited
Tel: (852) 2845 6100      Fax: (852) 2537 0086
Website: http://www.hkvca.com.hk      Email: enquiry@hkvca.com.hk
 
Disclaimers
The HKVCA newsletter may contain information that is created and maintained by a variety of sources both internal and external to HKVCA. The newsletter may contain the personal opinions and other expressions of the persons who post the entries. HKVCA does not control, monitor or guarantee the information contained in links to other external web sites, and does not endorse any views expressed or products or services offered therein. In no event shall HKVCA be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any such site or resource.