COMING EVENT
COMING EVENT
COMING EVENT

A special discount of 50% (original fee: USD800) is offered to HKVCA and other regional VC associations members. Please contact Lilia Chin at Email: lchin@hkvca.com.hk for the Registration Code before you register online at www.asianfinancialforum.com


AFF DEAL FLOW

HKVCA is the co-organizer of the AFF Deal Flow on the 2nd day of the forum. This is the 3rd year we are co-organizing the Deal Flow Session with the Hong Kong Trade Development Council (HKTDC).

AFF Deal Flow is one of the key AFF 2011 networking opportunities which will enable participants to meet with potential business partners from different parts of the world. It allows private equity and venture capital firms, intermediaries, funds and transaction support professionals to establish new business contacts and negotiate deals through pre-arranged meetings with potential partners on a one-on-one basis. Over the past two years, more than 150 companies from 20 countries and regions have engaged in AFF Deal Flow* with discussions of deals each ranging in value from US$5 to 100 million.

Details of AFF Deal Flow as follows:
Date:     January 18, 2011 afternoon
Venue:  Hall 5F-G, HK Convention & Exhibition Centre
 
If you are interested in participating, pls register online here.
For more details, please refer to the event flyer.

Should you have further queries, please contact Lilia Chin (HKVCA) at Tel: (852) 2845 6100 / Sindy Mak (HKTDC) at Tel: (852) 2584 4266.
 
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
Marvin Lai, Co-Chairman, Venture Committee, HKVCA
K. O. Chia, Co-President, HKVCA
Stephen Wozencroft, Partner, Jun He Law Offices
John Lange, Partner, Paul, Weiss, Rifkind, Wharton & Garrison
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 applied for.

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

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.
COMING EVENT
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.
 
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
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
RESOURCE

The Changing Regulatory Landscape
Over the last two years, there has been an incessant flow of new regulatory initiatives, largely as a response to the recent global financial crisis. The coming of the new year will mark the arrival of some key changes and a phase of ongoing origination, consultation and implementation that is set to continue for years ahead.

Advisers Act Registration and Reporting Under Dodd-Frank: Additional Guidance for Non-U.S. Private Fund Investors
The U.S. Securities and Exchange Commission (the “SEC”) recently proposed rules interpreting, among other things, exemptions from registration for (i) foreign private advisers (ii) advisers to private funds with less than $150 million in assets under management in the U.S., and (iii) advisers solely to venture capital funds which were introduced by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The SEC is seeking comments to the Release, and therefore the exemptions provided therein are subject to change. All comments to the Release must be submitted no later than January 24, 2011.

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

2011 International LP&GP Summit

Date: January 22-23, 2011
Venue: Shanghai, China
Language: English and Mandarin (SI)
Organizer: CVCRI
Registration: 40% discount for HKVCA members

In recent years, venture capital industry has been experiencing fast growth in China. The mission of "2nd International LP & GP Summit (2011)" is to build a bridge between limited partners and general partners. The summit will not only provide a good channel to learn more about policies and environment of the China VC/PE industry, but also help to explore new opportunities for cooperation. The event expected to attract about 400 senior attendees, include Pension Fund, Insurance Fund, FOF, Social Security Fund, Family Office from Europe, America, Middle East and Asia, Chinese local venture capital firms, private capitalists, bankers, listed companies and Rich Families.

For more details, PLS visit contact Ms. Cherry Mok , Tel: 852-2766 4264
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.superreturnchina.com

10% discount – quote VIP: FRK3A3THKVCA when you register.
 
   
EVENT CALENDAR
January 18, 2011
HKVCA Gala Dinner
January 19, 2011
Asia Private Equity Forum
February 2011
HKVCA Private Equity Fundamental Course
March 25, 2011
HKVCA 8th Annual Golf Day

EU Directives
Please join HKVCA in presenting the case of Asian Private Equity to the European Union authorities on EU Directives on regulations related to Asian Private Equity funds.
Our letter to HK Government
EVCA – "Third Country Treatment under Alternative Investment Fund Manager (AIFM) Directive"
NEW MEMBERS WELCOME
Associate Member

Tanner De Witt
Represented by
Tim Drew & Eddie Look

Tanner De Witt is a Hong Kong based business law firm with 29 fee earners and a total staff of almost 60. The firm provides business law advice to clients worldwide who have interests in Hong Kong, China and the Asia Pacific region. The firm acts for international groups and companies as well as Hong Kong based companies and individuals. The firm is recognised by the leading directories, including Asia Pacific Legal 500 and Chambers Asia.

O'Melveny & Myers
Represented by
James Ford & Douglas Freeman

Our experience includes private equity investments, investment funds, M&A, corporate finance, restructuring and insolvency, dispute resolution, banking, securitization, energy, infrastructure and media matters throughout Asia. We have an international network of approximately 900 lawyers in 14 offices worldwide, including five in Asia which houses 150 plus legal professionals. O’Melveny and our partners are consistently ranked within Tier 1 for the private equity category by leading publications.

PAST EVENT HIGHLIGHT
HKVCA PE Fundamentals Course

RECENT EVENTS REPORT
HKVCA Christmas Cocktail
December 6, 2010



About 100 members joined the Christmas cocktail at the American Club and Mr. Paul Chan, Legislative Councillor and Co-chairman of Crowe Horwath (HK) CPA Ltd. shared his insight on the accounting industry of HK and China. The event was co-sponsored by Crowe Horwath and Ascent Partners.



HKVCA Update : New US regulation for foreign private equity advisors- How this will impact Asian private equity firms
December 16, 2010



With the support from O’Melveny & Myers LLP HK and Washington offices, an urgent briefing was called to alert HKVCA members of the far reaching consequences on the new regulations, and necessary action to be taken by Asian PE firms collectively. Discussion topics covered who will be caught by the rule suggested in SEC draft, what the consequences will be for those affected, next steps in the regulatory process and areas where HKVCA members wanted to provide input to SEC. It was attended by 20 members.



HKVCA Young PE Professionals Cocktail Launch
December 16, 2010



The HKVCA's Young PE Professionals in Asian Private Equity subcommittee was formed in Sept 2010. Their first event was held on Dec 16 at Lan Kwai Fong with the aim to provide a platform for young professionals of PE to meet their peers in the sector. The event attracted a large crowd of 60 young members and professionals related to PE / VC industry.



HKVCA Member Monthly Breakfast
December 6, 2010



The HKVCA Member Monthly Breakfast is generally scheduled on the first Monday of each month. It provides an excellent opportunity for our members to network and to meet our Executive Committee.
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.