Coming Events

:: 2 Jun 08 -
China PE Summit 08
:: 11-12 Apr 08 -
China VC & PE Forum

Past Event

:: 13 Mar 08 -
5th Golf Day

New Members

Membership Renewal 2008

Sponsorship Opportunities

Matching Corner


Coming Event
The theme of this year's forum is "China Investments Moving Onshore".  The business environment in China is changing dramatically carrying considerable risks as well as opportunities.  The challenge facing Private Equity firms is to understand the rapid changes taking place and how to structure funds to operate under the new environment and rules.  These are critical issues that will be addressed in the Summit.


8:30 am Registration
9:00 am Opening Remarks
Session 1: Topic
9:15 - 9:45 am Overview of Private Equity in China . Comparisons and Pros/Cons of Offshore and Onshore Structures
9:45 - 10:30 am The Environment for Domestic and Foreign Private Equity Investors in China
10:30 am Coffee Break
Session 2:  
10:45 - 11:15 am Listing Opportunities in China vs. Hong Kong
11:15 - 11:45 am Practical Aspects of A Shares Market - the Unwritten Rules on Legal Form, Restrictions, Tax Treatment
11:45 - 12:15 pm Onshore Funds - Is This a Temporary Phenomenon or The Future?
12:45 pm Lunch
Session 3:  
2:30 - 3:00 pm Tax Implications of Onshore/Hybrid Structures
3:00 - 3:30 pm Dealflow, Development of SME in China Strengths/Weaknesses and Success Rate, How the System Operates, Improvement of Corporate Governance
3:30 - 4:00 pm Panel Discussion Localization of Industry - Growing Local VC- Migration of Private Equity Onshore. Will it Go Beyond Natural Change to Turn Anti-Foreign? Role Foreign VC Can Play in Local RMB Funds
4:00 - 4 :30 pm Q&A
4:30 pm Close

List of Speakers/Panelists:
Au Ngai, Chief Executive, Bohai Fund (to be confirmed)
Marcia Ellis, Partner, Morrison & Foerster
Scott Jalowayski, Partner, Morrison & Foerster
Shao Chingxiao, SCM China
Simon Murray, Chairman, Simon Murray & Co. Limited (to be confirmed)
Li Shan, Partner, San Shan Capital Partners Ltd (to be confirmed)
Stephen Harner, Chief Risk Officer, Shenzhen Ping An Bank
Wei Benhua, Former Vice Chairman, The State Administration of Foreign Exchange (SAFE)
Zhao Ju /Henry Cai, UBS (to be confirmed)
Johannes Schoeter, Managing Partner, Victoria Capital Ltd

If you are interested in sponsoring this event, please contact Patricia Chiu at or Tel: (852) 2845 6100.


Past Event


Coming Event

Date: 11-12 April 2008
Place: Wuzhou Guest House, Shenzhen, China
Organiser: China Venture Capital Research Institute

Co-organizer: HKVCPEA
2008CVCF (China Venture Capital and Private Equity Forum 2008) specializes in abridging the distance between policy-makers and investors, entrepreneurs and investors. With the theme of “Fostering the Most Favourable Development Environment, building up a Complete PE/VC Industrial Chain”, the 10th China Venture Capital and Private Equity Forum will discuss about many hot topics.

HKVCPEA Delegation to CVCF 2008
- Special rate
- HKVCPEA spotlight
- Meetings with senior officials in China
- Organized meetings with potential investee companies

HKVCPEA members can enjoy 30% discount on registration and 20% discount on magazine subscription.

If you wish to join the the HKVCPEA delegation, please contact Sam Wong at or Tel: (852) 2845 6100.


New Members Welcome

Spring Capital Asia Ltd
Representative: Mr. Vincent Chan
Spring Capital is a private equity manager focusing on first round expansion capital and small cap buyouts in China / HK. Headquartered in Hong Kong with an office in Shanghai, Spring Capital has closed a seed round with over US$100 million capital committed by anchor investors and Investment Committee members.

SEAVI Advent Ocean Private Equity Ltd
Representative: Mr. Kevin Chan & Mr. Harold Chan
SEAVI Advent Ocean Private Equity is the Hong Kong associated office of SEAVI Advent, itself Boston based Advent International's exclusive Asian affiliate. The company manages a mid-market fund with a focus Greater China and Southeast Asia. Favourite sectors include business services, chemicals, environmental/new energy and TMT. Current fund size, including the sister funds, is targeted to reach up to US$200M.

Blank Rome
Representative: Mr. Tim Drew & Ms. Karen Yan
Blank Rome was formed in 1946 by lawyers who, because of their ethnicity, were barred from joining many established Philadelphia law firms. The Firm constantly strives to recruit and retain members of underrepresented groups for attorney, professional, administrative, and staff positions.

Mercer (Hong Kong) Ltd
Representative: Mr. Phil Shirley & Ms. Kennix Chan
Mercer is the global leader for trusted HR and related financial advice, products and services with more than 15,000 employees serving clients in over 180 cities and 41 countries and territories worldwide. They can also provide access to the complementary services of their sibling companies, Marsh, Kroll, Guy Carpenter and Oliver Wyman.

Jefferson Wells International
Representative: Mr. Steven Parker & Ms. Michelle Woo
Jefferson Wells was founded in 1995 as an alternative to traditional accounting for internal audit services. Over the years. The expanded their expertise to include finance and accounting services, tax services and technology risk management.

Mr. Lau Yiu Wai of Taifook Management Service Ltd


HKVCPEA Membership Renewal 2008

Working on your behalf......

HKVCPEA works 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.

HKVCPEA begins a new phase in its 20th year.  It will work towards enhancing the stature of the industry. It aims to develop research and data to influence policies that affect the industry, help elevate best practices, corporate governance, transparency, reputation excellence, and ensure regular communication amongst all stakeholders and government bodies in the effort to advance the interest of all in the community. 

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

If you wish to help us in any way, please contact Patricia Chiu at

Invoices will be sent shortly. Kindly update your firm's records by completing the attached form.

Membership Record Updates Form


HKVCPEA Sponsorship Opportunities


Other Events (Supported by HKVCPEA)

Hong Kong Investment and Financing Roadshow in Wuhan

Date: April 27 – 28, 2008
Place: Wuhan
Organiser: Hong Kong Productivity Council

The roadshow will include half day forum, half day meeting and one day companies visit for audiences who are interested in investment and financing.

For more details, please click here. For queries, please contact Angela Yu at Tel: (852) 2788 5904 or Email:

China Capital Market Summit 2008

Date: 28 March 2008 (Friday)
Time: 9:30 am – 5:00 pm
Venue: Shenzhen Kylin Villa, Shenzhen, China

For more details, please visit

Complimentary tickets will be offered to HKVCPEA members. For registration, please contact Sam Wong at or Tel: (852) 2845 6100.


Investment Matching Corner

Rösler-Group – Schelkmann GmbH

Nature of Business:

Retreading of Giant Size Tyres for Natural Resources Mining Equipment

Funds Required: Per Project approx. 3,5 -4,0 Mio. Euro, several project can be run parallel

Project Details:
Currently international mining companies (such as BHP, Rio Tinto, etc.) are running at their maximum capacity, mining equipment is under full utilization. Due to major supply shortage of giant size new tyres (e.g. rim size 51’ or 57’, from Michelin, Bridgestone) mining companies start to use retreaded tyres as alternative. Rösler-Group has a globally unique and technically leading technology that is able to achieve similar mileage as new tyres, however at around 70% of cost. The concept is to build small units (capacity about 800 giant size tyres per year) logistically near the mining regions (e.g. Western Australia, Central Africa, Chile, Inner Mongolia, etc.) Rösler-Group provides a full turn-key-project (incl. Machinery, installation, know-how, training, raw material supply, technical and commercial management, sales). If required, Rösler-Group is also ready to take over up to 20% of the shares of such investment. Feasibility study is available, period of amortization around 2 years.

Contact Details:
Mr. Klaus Muehlbaeck
Tel: +49 8638 88 88 61
Fax: +49 8638 95 18 00