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| RMB Private Equity funds have witnessed another year of strong growth, accounted for 65% of the number of deals and 55% of total investment amount in the China Private Equity market. The notable phenomenon is the establishment of RMB funds by Foreign fund managers, while Domestic fund managers are raising foreign currency funds. Going forward, how will these two forces interact and affect the ecosystem and the competitive landscape? What is the impact on fund raising, investments, portfolio monitoring, and exits? |
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| 9:00am |
Opening Remarks |
| Session 1: |
New Ecosystem Taking Shape |
| 9:15am |
- Emergence of institutional LPs in China.
- National level LPs, QFLP.
- Domestic GPs mushrooming and raising US$ funds.
- Foreign GPs raising RMB funds.
- Placement agents.
- Exits opportunities through domestic stock exchanges.
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RMB Funds: Domestic vs International |
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New challenges for foreign funds
- Foreign investors are now more sophisticated with a better understanding of the China market. Some have successfully
raised RMB Funds and enjoyed successes in exists through A Shares. What are the challenges now?
- What are the advantages of being international funds? Does greater value add at a operational level provide a
competitive edge?
Are domestic funds active within China only?
- Having achieved spectacular results in managing RMB funds, some domestic PE managers are now raising USD funds
- How challenging is it for a domestic PE manager to access international capital?
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| Session 2: |
Regulations |
| 11:30am |
Always evolving but maturing
- Circular on Several Issues Relating to the Administration of Foreign Investments issued by MOFCOM in February, 2011
- National Security Review Rules
- Recent government initiatives on private equity in China
- New clarification rules Circular 698
- New developments on PRC anti-monopoly regulations
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Luncheon
12:10pm |
Luncheon Talk by Mr. Johnathan Li,
CEO of Bohai Industrial Investment Fund |
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| Session 3: |
LPs Assessments |
| 2:00pm |
What are LPs’ views on the new developments in relation to Onshore vs offshore investments?
- What are LPs views relating to new PE related regulations in China?
- With a growing number of GPs in the market, should LPs flock to quality (i.e., established funds) or take some risks in backing new managers?
- Are domestic GPs ready to take in USD? Can USD GPs work with domestic LPs?
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| Session 4: |
Risks and Returns |
| 3:00pm |
What the shorts are saying about Operational Risk in China, and how their actions are affecting VC reputations and challenging the status quo?
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| Session 5: |
Beyond China |
| 4:20pm |
Some established China funds are also planning to invest overseas, tapping opportunities to help Chinese companies in global expansion. What are the challenges? Is there a role for Hong Kong in their outbound investments? |
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Session 6:
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A Success Story |
| 4:40pm |
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Marketplace |
| 5:00pm |
One on one Meetings (Pre-registration is required) |
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Some Confirmed Moderators and Speakers:
Mr. Lawrence Wong
Vice President, Auda Capital
Mr. Conrad Tsang
Managing Director, Baring PE Asia
Mr. Jonathan Li
Chief Executive Officer, Bohai Industrial Investment Fund Management Co., Ltd.
Mr. Conrad Yan
Partner, Campbell Lutyens Asia Pacific Ltd
Mr. Alvin Li
Managing Director,
CCB International Asset Management Ltd
Mr. David Yeung
Founding Partner, Finance Elite
Ms. Judy Leissner
President, Grace Vineyard
Mr. Sebastiaan Van Den Berg
Managing Director, HarbourVest Partners (Asia) Ltd
Mr. James Tunkey
Partner, Chief Operating Officer-International,
I-OnAsia Ltd
Dr. Anthony Renshaw
Medical Director,
Medical Services, North Asia, International SOS
Mr. Jun Deng
Of Counsel, Morrison & Foerster LLP
Mr. Martin Tornberg
Executive Director, Ping An of China Asset Management (Hong Kong) Company Ltd
Mr. Edmond Chan
Partner,
PricewaterhouseCoopers, Capital Market Services Group
Ms. Cathy Kai Jiang
Partner – PRC Tax & Business Advisory Services
Southern China DMI Team Leader
PricewaterhouseCoopers
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Mr. Lingcheng Li
Chairman and Party Secretary,
Hebei Financing and Investment Holding Group
Dr. Fred Hu
Chairman and Founder,
Primavera Capital Group
Mr. Chris Burch
Chief Investment Officer and Special Assistant to the Chairman, Shenzhen Capital Group
Ms. Li Huang
Managing Director, Shenzhen Co-win Venture Capital Investments Ltd
Ms. Margaret Shao
Managing Partner,
Shenzhen Fortune Venture Capital Co., Ltd
Dr. Wei Chen
Chairman and Founding Partner,
Shenzhen Oriental Fortune Capital Co., Ltd
Ms. Alice Chow
Managing Director, Squadron Capital
Mr. Boris Bong
Managing Director, Squadron Capital
Mr. Timothy Wang
Fund Manager,
Suzhou Industrial Park Venture Capital Fund of Funds
Mr. C K Tsang
Operating Partner,
TPG Growth Capital (Asia) Ltd
Mr. Darren Shen
Managing Director,
Zero2IPO Partners, Zero2IPO Group |
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Accreditation:
6 CPT Points can be claimed for full attendance. Licensed individuals may claim SFC CPT Points on the courses taken which their employers consider as relevant to the functions performed by them. |
HKVCA retains the right to make changes as it deems necessary
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Many of the families who made fortunes after building the first factories in China after 1895 are still around and flourishing. Jasper Becker will describe how they have prospered and what they are doing now. Will China's new rich follow the same path and create new dynasties? |
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| Date: |
June 15, 2011 (Wednesday) |
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| Time: |
12:30 – 2:00 pm |
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| Venue: |
The China Club,
14/F Old Bank of China,
1 Bank Street, Central, Hong Kong |
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| Speaker: |
 Mr. Jasper Becker is the author of seven books on China and the region, including Hungry Ghosts, The Chinese and City of Heavenly Tranquillity. He is also the CEO of Legend Strategic Consultancy Ltd. |
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| Fee: |
Member @ HK$400 / Non-member @ HK$1000 |
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| Date: |
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| Time: |
8:00 - 9:00am |
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| Venue: |
The Hong Kong Club |
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Seats are limited and registration is on first-come-first-serve basis.
For enquiry, please call (852) 2845 6100. |
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| 日期: |
2011年6月24-25日 |
| 地点: |
江苏省中国医药城会展交易中心 (泰州国际博览中心)
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| 语言: |
普通话 |
| 主办方: |
江苏省金融服务办公室，泰州市人民政府 |
| 注册: |
活动免费，请预先登记 |
本届博览会以生物医药领域新技术、新产品、新项目和各类银行、担保、投融资类机构为主，重点展示江苏省及泰州医药高新技术产业开发区内的生物医药企业在药品、疫苗、诊断试剂、生物制品等方面的新项目、新产品、新技术和融资方面的需求，以及各类投融资机构在生物医药行业投资的成功案例和新的投资趋势和产品。
如需获取更多活动信息，请联系顾先生 kevingu22@gmail.com 或浏览网站：www.medmax.cn.
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| 日期: |
2011年6月26日 |
| 地点: |
北京香格里拉酒店 |
| 语言: |
普通话 (The Forum will be conducted in Mandarin Only) |
| 主办方: |
中国股权投资基金协会，北京股权投资基金协会(BPEA) |
| 注册: |
可享受会员优惠价格 |
本届中国股权投资基金发展论坛目前已邀请了全国人大财经委、国家发改委、一行三会、社保基金、北京市政府等部门领导以及PE业界领袖，届时将齐聚北京，共同探讨中国股权投资基金行业的发展环境与立法展望、多层次资本市场下的PE发展机遇、人民币基金与外币基金的融合与发展等热点话题。
如需获取更多活动信息，请浏览活动网站: http://forum.bpea.net.cn/2011/index.asp |
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| Date: |
June 27 – 30, 2011 |
| Venue: |
Geneva |
| Organizer: |
SuperReturn |
| Registration: |
15% discount for HKVCA members. Quote VIP Code: FKR3A49HKWB |
SuperReturn Emerging Markets provides a one-stop-shop for LPs looking for strategies to increase their exposure to emerging markets by bringing together the best GPs from each region, international titans from global mega-funds and experienced regional funds of funds. And of course, added to this mix are LPs investing in emerging markets private equity right now!
New Asia Summit for 2011, hear 25+ Asian FoFs & GPs explain the key factors for success in the region.
For more details or to register Tel: +44 (0) 20 7017 7200 or visit the website: http://www.informaglobalevents.com/FKR3A49HKNL |
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■ June 13
HKVCA 10th China PE Summit
■ June 15
HKVCA 24th Annual General Meeting
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Represented by
Ms. Stephanie Galantine
Cape Capital makes wealth management a new kind of experience – we manage accounts on a discretionary and advisory basis for a limited number of private and institutional clients, in a personalized manner. We provide a customized service and independent, unbiased investment advice that translates into superior risk-adjusted returns.
Represented by
Mr. Alexandre Emery & Mr. Henry Chen
Permira is an European private equity firm with global reach. Founded in 1985, the firm advises funds totally €20 billion.
Permira is wholly independent and owned by its Partners based in Frankfurt, Guernsey, Hong Kong, London, Luxembourg, Madrid, Menlo Park, Milan, New York, Paris, Stockholm and Tokyo. Key sector focus in: Consumer, Financial Services, Healthcare, Industrials and TMT.
For more information visit: www.permira.com.
Represented by
Mr. Darren Massara and Mr. Amit Gutpa
NewQuest Capital Partners is a Hong Kong-based private equity firm focused on investing in growth markets across the Asia Pacific region. The firm was established in 2011 from the spin out of Bank of America Merrill Lynch's Asian Private Equity team and the acquisition of over 20 private equity investments.
Represented by
Mr. Niklas Amundsson
MVision Strategic (Asia) Limited, based in Hong Kong, provides specialist strategic consulting services to managers and investors in the private equity and strategic assets industry. MVision is a leading international advisory business focusing on Private Equity, Real Estate, Infrastructure, Real Assets, and direct transactions, in the developed and emerging markets worldwide.
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was held in June 2010 with a record turnout of over 300 participants. Attendees included private equity practitioners, leading global and local corporates, entrepreneurs and policy makers around the region.
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May 9, 2011
The HKVCA Member Monthly Breakfast provides an excellent opportunity for our members to network and to meet our Executive Committee. |
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For more information about HKVCA Beijing Representative Office, Please contact Mr. Kelvin Bian, Tel: 010-88087035.
Partnership with Beijing PEA.
有关香港创业及私募投资协会 北京代表处的详情，请邮件联系边先生或致电010-88087035 , 与北京股权投资基金协会互为合作伙伴。 |
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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.
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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 ::
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| See Job Opening |
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 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.
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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.
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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. |
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June 3, 2011 (Friday) 
