AFF 2009
19-20 January 2009
19 - 20 January 2009

Hong Kong Convention and Exhibition Centre

- The Government of the Hong Kong Special Administrative Region
- Hong Kong Trade Development Council

AFF 2009 DealSource Session
20 January 2009
2:45pm - 5:35pm
Hong Kong Convention and Exhibition Centre
    Host: - Association for Corporate Growth (ACG)
- Hong Kong Venture Capital and Private Equity Association (HKVCA)
    Cost: No admission fee for the "DealSource" Session  

HKVCA is pleased to hold this session jointly with the Association for Corporate Growth ( ACG brings delegates from the USA consisting of LP's, intermediaries and service firms to meet HKVCA members at the "DealSource" session at the AFF. All HKVCA members are invited to participate in the "DealSource" session during the Asian Financial Forum 2009 (AFF).

The "DealSource" session is a series of speed-dating-type meetings between HKVCA members and ACG members.  Representatives rotate after every 20-minute short meetings. It is a structured networking event aimed at matching opportunities with potential investors, leading to increased investment transactions and long term business relationships.

HKVCA members can enjoy 30% discount on registration on full AFF program. Details about the Asian Financial Forum could be found at this website:

For more details or register, please contact Lilia Chin at Tel: (852) 2845 6100 or Email:

About Association for Corporate Growth (ACG):
Has over 12,000 members from corporations, private equity, finance and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 53 chapters in North America and Europe.

About Hong Kong Venture Capital And Private Equity Association (HKVCA):

Hong Kong stands as Asia's largest venture capital/private equity hub in Asia. As at 2007, private equity funds under management in Asia grew to over US$190 billion.
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


List of instructors
K O Chia, President, HKVCA
Vincent Chan, CEO & Co-Founder, Spring Capital Asia, Ltd
Albert Sheu, Associate, Morrison & Foerster
Craig Murphy, Managing Director, Amicorp Hong Kong Ltd
Conrad Tsang, Managing Director, Baring Private Equity Asia (Hong Kong) Ltd
Michael Scown, Managing Director, Intel Capital
Simon Mak, Managing Director, Ascent Partners Group
Joseph W. Ferrigno III, Managing Partner, Asia Mezzanine Capital Group
Victor Huang, Partner, PricewaterhouseCoopers
Stephen Wozencroft, Partner, Dewey & LeBoeuf
John Lange, Partner, Paul, Weiss, Rifkind, Wharton & Garrison
John Levack, Managing Director, Electra Partners Asia
Jane Hui, Partner, Ernst & Young
Johannes Schoeter, Managing Partner, Victoria Capital
Jamie Allen, Secretary General, Asian Corporate Governance Association

HKVCA retains the right to make changes as we deem necessary.
Seats are limited and registration is on first-come-first-serve basis. Please register early to secure your place.


HKVCA Annual Dinner 2009

Regrettably, our Annual Dinner will be postponed to a later date in 2009.  We thank you for your continued support of the Association and will notify you all of the latest developments.

HKVCA Membership Renewal 2009

Working on your behalf......

Since 1987, HKVCA has worked on behalf of all venture capital and private equity firms in the Greater China region 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.

Given the economic conditions, HKVCA offers a special credit of HK$2,000 which is redeemable at our events throughout the year, effectively reducing membership cost of annual subscription. Renew by end of February to enjoy the credit!

We very much hope you would continue to support our work and we look forward to your continued membership in the Association. (Invoices for renewal have been mailed to you)

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

West China Venture Capital & Private Equity Forum 2009
Date: 10-11 January 2009
Place: Chengdu, China
Organizer: China Venture Capital Research Institute

Fee: Free of charge

"West China Venture Capital & Private Equity Forum 2009" is a major event to facilitate the reconstruction and development of Sichuan after 5.12 Wenchuan Earthquake, spur domestic demand, attract foreign and Chinese VC/PEs attention into the Western China, and promote communication and cooperation between high-tech industry and venture capital.

With the theme of "Utilize the Venture Capital, Promote the development of Western China" this summit will focus on issues concerned with "Venture Capital and High-tech Industrial Development in West China" "Global Capital and Post-Earthquake Reconstruction" "Employing Capital Market to Help the Western Enterprises to Take Off" and so on.  Meanwhile, "West China Outstanding Enterprise Road Shows and Investment Match Making 2009" will be held during January 10th-11th.

For register, please contact Cherry Mok at Tel: (852)2766 4264 / 9660 4765 or Email:

Logital Co. Ltd.
Nature of Business:
High tech company making assistive equipment attached to hearing aids.
Funds Required:
USD 7 million 1st Round; USD 7 million 2nd Round (Negotiable)
Project Details:
Logital has made its flagship product, EasyHear, a booster attached to hearing aids, ready for sale globally since September 2008. Worldwide deaf population is now about 10% of total, or 600 million, counting the elderly people. To better exploit such huge market potential, Logital is seeking a total of USD 14 million to construct new production capacities, to establish marketing & distribution channels for such highly specialized product, and to conduct further R&D of integrating EasyHear with hearing aids. EasyHear is a winner of the prestigious Best Digital Inclusion Award 2007.
Logital operates in a highly specialized niche where subsidies are high from the governments to finance equipment purchase by the hearing impaired people. Hence there is no cutthroat competition within the industry.
Budgeted IRR is 120% p.a. over 5 years from 2009 while the ROIC (return on invested capital) of the same 5-year period is 880%. Sales volume are only required in the range of 18,000 units in 2011 to 54,000 units in 2013 (compared with world deaf population of 600 million) to achieve the target of returns.
Contact Details:

Mr. CHEUNG Yat Yiu Danny, CEO
Tel: (852) 3102 1898

American Capital, Ltd
Mr. David Steinglass

American Capital (Nasdaq:ACAS), with $17 billion in capital resources under management, is the only private equity fund and the largest alternative asset management company in the S&P 500. American Capital, both directly and through its global asset management business, originates, underwrites and manages investments in private equity, leveraged finance, real estate and structured products. American Capital and its affiliates invest from $5 million to $800 million per company in North America and €5 million to €500 million per company in Europe.

Interleader Capital Ltd
Mr. Cliff L. Cheung
Mr. Chul Kim

Interleader Capital is a dynamic investment company focused on private equity, real estate and special situation investments in Greater China. Besides investing proprietary capital, Interleader Capital also leads co-investments from an international network of high-net-worth families and institutional investors through an open platform.

The Pride Investments Group Ltd
Mr. Lewis WAN Mun Wah

The Pride Group is an investment specialist based in Hong Kong and Shanghai. Its professionals are China policy experts with many years of experience analyzing government policies. The core of Pride's investment philosophy and strategy is to translate policy into investment success. With years of successful operation, Pride offers its clients an one-stop-shop for private equity, venture capital, pre-IPO and listed securities in China.

New Market Venture Management Ltd
Mr. Jordi Argente

New Market Venture Management is a Venture Development & Management company started in Hong Kong by Mr. Jordi Argente in 2001.  With an office on Sand Hill Road, capital of the Silicon Valley's venture capital community on the West coast of the United States, New Market Venture Management partners with global-minded new technology ventures situated in the emerging economies of Asia to appeal to the investment interest of venture capital and private equity companies seeking to invest internationally.

RSM Nelson Wheeler
Mr. Eugene Liu
Mr. Wong Poh Weng

RSM Nelson Wheeler was established in 1975 and is today one of the leading accounting and consulting firms in Hong Kong, offering a wide range of services to local and international clients. Services include Audit and Assurance, Taxation, Risk Management, Transaction Services, and Corporate Advisory. In addition, RSM Nelson Wheeler also assists clients with their Accounting, Corporate Secretarial and Trust, and Trade requirements.

Joint HKVCA-CHKLC Christmas Drinks, 15 December 2008

HKVCA jointly held its Christmas Drinks Mixer with the Chamber of Hong Kong Listed Companies (CHKLC) on December 15, 2008.  More than 110 attendees from both associations had a great evening mingling with each other and exchanging the latest news on their respective industries.  We were honoured to have Mr. M.T. Shum, CEO of the Financial Reporting Council to share his views on the latest financial reporting standards.  The event instilled a festive mood and participants are looking forward to our next event.

China Enterprises Investment Cooperation Seminar (Co-Organizer: HKVCA), 11 December 2008

The China Enterprises Investment Cooperation Seminar was held on Dec 11, 2008. HKVCA was represented by Ms. Alice Chow from Squadron Capital Advisors Ltd and Ms. Athene Li from Spring Capital Asia Ltd. Ms. Chow gave excellent advice on how to get access to potential investors. Ms. Li spoke about the criteria investors use to evaluate investment opportunities and the issues faced by both entrepreneurs and investors. The event was well-attended by executives, entrepreneurs and investors from the Fujian province who gained a deeper understanding of the PE industry.

HKVCA Speakers

HKVCA gets 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 Savio Tang at Tel: (852) 2845 6100 or to enroll on our speakers list.

Hong Kong Venture Capital and Private Equity Association
Tel: (852) 2845 6100
Fax: (852) 2537 0086