Licensed individuals may claim CPT points (SFC) on the courses taken which their employers consider those courses as relevant to the functions to be performed by them.

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

20 May 2010 (Thu)

4:00 – 6:00 pm

HKU Space Admiralty Learning Centre,
2/F Admiralty Centre, 18 Harcourt Road, Hong Kong

CPT points:

What are the typical topical issues when structuring a PE / VC investment
from a tax perspective
from a legal perspective
from a cost and practical perspective
with respect to Bermuda, Barbados, BVI, Cayman, Hong Kong, Ireland, Luxembourg, Malta, Mauritius, Netherlands and Singapore.
Case studies:  Experience gained for investments into China, India, Korea and Japan
Panel discussion
Questions and answers

Craig Murphy, Managing Director, Amicorp Hong Kong Ltd
Brian McDaniel, Partner, Goodwin Procter LLP
Miriam Keusen, Senior Manager, Tax, KPMG Tax Ltd

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.

Nomination of Executive Committee 2010 – 2011

  1. Only Full members are eligible to be elected to the Executive Committee.
  2. Only Full members are eligible to vote.
  3. Each nomination requires support from two Full members.
  4. Deadline for the return of the nomination form is June 10, 2010 (Thu).
Seats are limited and registration is on first-come-first-serve basis.
Download Registration Form
For enquiry, please call (852) 2845 6100.

The Hong Kong Business Angel Network (“HKBAN”), a network that has been promoted by Hong Kong Science and Technology Parks in conjunction with the technology transfer offices of the major universities in Hong Kong.  HKBAN seeks to establish a platform through which any one can access pre-registered angels. HKVCA is a founding member and a facilitating entity to encourage the funding and development of young businesses in Hong Kong.

The next pitching session is scheduled in early Jun 2010. HKVCA is now soliciting the registration of angels who invest in seed and early stage opportunities raising up to HK$5,000,000. We are requesting members to consider appropriate colleagues, friends and investment partners who might be appropriate as angel investors. Registration should be made through the Association by sending the completed form to Sam Wong at or Tel: 2845 6100.


Study on HKVCA Value and Services... We need members' input

One of HKVCA’s roles 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.  Bearing this in mind, we are continually looking to improve the value and services that we offer to our members; and as part of this process, we have for the first time appointed an outside body. HKUST R&D Corporation Ltd from the Hong Kong University of Science and Technology (HKUST) to assist us in this study.

During the course of the next 2 months, individuals from the HKUST team will contact some of our members in order to obtain a first-hand understanding of where you are satisfied with the HKVCA and where you see potential improvement areas to better serve you.  You will also receive an email survey on this topic during late April, which we would appreciate your cooperation in completing. We sincerely request your assistance on this matter in order for your Association to be a more effective body to serve you, our members.

If you would like to make certain that your views are heard, please do email Ivan Yip, our new external relations manager, at and we will ask the HKUST team to set up a meeting with you.

Merger & Acquisition

Merger & Acquisition Review – First Quarter 2010
Summaries the rankings of the worldwide announced M&A and breakdown into different regions, industry and financial advisors.

Emerging Markets M&A Review – First Quarter 2010
Reveals the activity of the announced M&A of various emerging markets, such as India, Latin America, Russia, Eastern Europe, China and so on.

Regulatory Issue

MOFCOM further clarifies merger notification and review process
Highlights the major provisions of the on the Notification of Concentrations of Undertakings and Measures on the Review of Concentrations of Undertakings published by the Anti Monopoly Bureau (AMB) of China's Ministry of Commerce (MOFCOM) as well as significant differences from the drafts released in January 2009 for public consultation.

Recent changes affecting representatives offices in China
Outlines the “Notice on Further Strengthening the Administration of Foreign Enterprise Representative Office Registration” issued by the PRC government which came into force with immediate effect. The new rules indicate an intention to tighten the existing regulatory regime, with increased scrutiny on compliance.


Investing in Technology in Greater China – The future of VC/PE funds in the U.S. & China, and what this means for entrepreneurship

Date: May 6, 2010 (Thu)
Time: Panel from 5:00 – 6:00 pm and wine reception from 6:00 – 8:00 pm
Venue: The Bowen Room, Conrad Hotel, Pacific Place, Admiralty
Organizer: California Association of China & Hong Kong SAR

California would be the world’s 8th largest economy if it were a nation. It is the largest exporting state into Hong Kong and China, and a world-class home to industries like High Technology and Venture Capital (VC). The California Association of China and Hong Kong invites you to attend an informal discussion and wine reception on Thursday 6th May 2010 with four distinguished panelists who are familiar with Technology and Investing in China. They will share their views from a VC, Private Equity (PE), Strategic Buyer, and Limited Partner/Investor perspective.

For more details or registration, please visit here

The IFC's 12th Annual Global Private Equity Conference in association with EMPEA

Date: May 11-12, 2010
Venue: The Ritz-Carlton Washington DC
Organizer: Emerging Markets Private Equity Association, International Finance Corporation

Don't miss the 12th Annual Global Private Equity Conference in Washington, DC featuring keynote speaker Nassim Taleb, NYT bestselling author of The Black Swan. Last year's event drew more than 650 people from over 55 countries around the world. This year's conference will again draw leading speakers and delegates to discuss today's emerging market opportunities and challenges. Qualified limited partners can register for free.

For more details, please visit here

Shandong-Hong Kong International Investment Promotion Seminar

Date: May 12, 2010
Time: 2:00 pm
Venue: Hall 3G, Hong Kong Convention and Exhibition Center
Organizer: The Department of Commerce of Shandong Province

“Shandong-Hong Kong International Investment Promotion Seminar", co-organized by HKTDC, HKEx and HKVCA, will be held on May 12 at Hong Kong Convention and Exhibition Center. The theme of the Seminar is to facilitating the communication between two sides while promoting Shandong enterprises on business expansion through equity financing in Hong Kong. 49 enterprises from Shandong province covering industries like Electronics, Pharmaceutical, Multi-media application and Commercial Banking will attend the seminar, and it will be a great chance to enable you to further understand Shandong’s business opportunities and meet potential candidate companies.

For more details or registration, please visit:

2010 China Private Equity Development Forum

Date: May 21, 2010 (Fri)
Time: 8:30am- 5:30pm
Venue: Shangri-La Hotel, Beijing
Organizer: Beijing Municipal Bureau of Financial Work, Beijing Private Equity Association

With the approval of Beijing Municipal Government, the 2010 China Private Equity Development Forum will be held on May 21, 2010, at Beijing Shangri-La Hotel. The Forum is co-hosted by Beijing Municipal Bureau of Financial Work, China Private Equity Association (Under Preparation) and Beijing Private Equity Association. It will focus on the topic of PE Development in Post Financial Crisis Era. Senior officials from PBOC, CSRC, CBRC, CIRC, NDRC, MOFCOM, SSF, Beijing government and leading industry players will then be invited to the event. Some hot topics in PE industry like the importance of China PE/VC in the context of the Post-global Financial Crisis, RMB Fund verses Foreign Currency Fund and so on will be discussed in the forum. The theme of this forum intends to build a networking, communicating and effective platform for dialogue with all the guests and endeavor to promote the development of PE industry. More details about 2010 China Private Equity Development Forum, Please click:


The 3rd China Limited Partner Summit

Date: May 26, 2010 (Wed)
Venue: Park Hyatt Beijing, China
Organizer: Zero2IPO Group

Under the backdrop of China's continuingly fervent market and the world economy recovering from the crisis, how can the LPs in worldwide adjust the spread of their assets? Faced with managing a catalysis and slightly restless Chinese capital market, how will international LPs recognize the gems and choose the best GPs to cooperate with?

The 3rd China Limited Partners Summit hosted by Zero2IPO Group specially invites overseas family funds, Chinese LPs, and numerous other heavyweights to participate. In light of the new economic climate, we will jointly probe into the development trend of limited partnerships and the path to success.

Members of HKVCA are entitled to a 15% discount on registration.

Order today at  or call Ms. Daly Liu at +86 8458 0476 ext.8058.

Exchange @ Science Park

Topic: From SME to Listed Company in Hong Kong
Date: May 28, 2010 (Fri)
Time: 4:00 – 6:00 pm
Venue: Conference Hall, 2/F Lakeside 2, Hong Kong Science Park Phase 2
Organiser: Hong Kong Science & Technology Parks Corporation

Exchange @ Science Park is an informal networking event organised by Hong Kong Science and Technology Parks Corporation. It aims to provide a platform for the technology community and other industries to come together, for idea exchange and to foster the growth of the community as a whole.

Co-organised by Hong Kong Venture Capital and Private Equity Association, the upcoming Exchange @ Science Park features the topics of "From SME to Listed Company in Hong Kong".   Guest speakers from Hong Kong Exchanges and Clearing Limited and Goutai Junan Capital Limited will share their professional advices and insights on this topic. This event provides an excellent opportunity to meet with the companies who are engaging in technology research and development for sharing and networking.     

Guest Speakers :
Mr. Geoffrey Tang, Senior Manager, Issuer Marketing Division, Hong Kong Exchanges and Clearing Limited
Ms. Deirdre Yau, Executive Director, Goutai Junan Capital Limited

For event details and registration, please visit:

Please call 852 2629 6872 for enquiry.

Full Member

Riverland Capital Advisors Ltd

Represented by
Mr. Andrew Adamovich and Mr. Alan Ng

Riverland Capital has Hong Kong and China team, with extensive global network, active in origination, execution and management of growth/expansion stage direct investments in China. We handle Asian Direct Investment for CIR SpA, one of Italy's leading conglomerates, in addition to two leading Hong Kong and US Groups focusing on profitable or imminently profitable businesses.

Full Member

TGX Capital Ltd

Represented by
Mr. David Lui and Mr. Daniel Cheng

TGX capital is a newly set up investment firm funded by both private investors and a HK listed company. The major operation of the HK listed co is in forestry business, where they own a tropical rainforest concession in Suriname, a South American country north of Brazil. Our group also involves a Canadian listed company, the major shareholder of the HK listed co, and is one of the largest forestry company in the world with a market cap around USD 5 billion.

Associate Member


Represented by
Mr. Clement Chan and Mr. Johnson Kong

BDO facilitates the growth of businesses by advising the people behind them. As part of a global accountancy network of 1,100 offices in 110 countries, we combine international expertise with the region's best-available advisory services to provide truly customised services including assurance, taxation, business recovery, litigation support and risk advisory.

Associate Member

Capitalive Holdings Ltd

Represented by
Mr. Alexander Holtermann and Ms. Tiffany So

Capitalive is a Hong Kong-based company with strong international financial ties, focusing on exposing Chinese companies to the global investment community. Capitalive's business model is to open doors for Chinese companies to international capital. Through its expertise, Capitalive brings companies to the next level, making them fit for their IPO.

Associate Member

ONC Lawyers

Represented by
Mr. Raymond Cheung and Mr. Hans Lee

ONC Lawyers is one of the largest independent law firms in Hong Kong. The areas of practice include Mergers & Acquisitions, Corporate Finance, Private Equity, Securities Futures & Funds, Banking & Financing, Litigation & Dispute Resolution, Intellectual Property & Technology, Insolvency & Restructuring, China Practice, Private Client and Property.


China Private Equity Summit 2009

HKVCA Masterclasses

Hebei Province Investment Seminar
March 25, 2010

Hebei province government led a delegation of 55 enterprises from Hebei to seek co-operation and investment from HK’s financial companies and for private equity investment and IPO. Over 20 members of the association attended and met with potential partners at the China Resource Centre

Korea Venture Investment Fair 2010
April 26-27, 2010

HKVCA signed MOU with Korea Venture Capital Association during the Korea Venture Investment Fair in Seoul on 27 Apr, 2010. This MOU enhances collaborations between two organisations for the benefits of the industry and the members

HKVCA Member Monthly Breakfast
April 12, 2010

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

HKUST's MBA program (ranked #9 worldwide by the Financial Times in 2010) has a student consultancy service which is available to work with Private Equity funds on a variety of projects. Please see the attached brochure for more information.

ISI Emerging Markets Free Consultation

At ISI Emerging Markets, we focus in delivering hard-to-get information, intelligence and data on over 80 emerging markets. For example in China, we have our own research and content team to provide the latest market research, company data, industry news as well as macroeconomic statistics. It gives emerging market specialists access to investment information directly from the local markets.

We are delighted to offer an exclusive one-time free consultation plus research data up to the value of USD500 to all members. Simply send your request to Paul Cheng at pacheng@securties.comor call 2591 3306. For more information about ISI please visit

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

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

:: Job Placement Form ::


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 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 to enroll on our speakers list.


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