Asia Private Equity Forum 2010 - IFLR.com
Asia Private Equity Forum 2010 - IFLR.com
Asia Private Equity Forum 2010 - IFLR.com
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
iFLR<br />
INTERNATIONAL FINANCIAL LAW REVIEW<br />
CPD/CLE<br />
Accredited<br />
6.5 hours<br />
<strong>Asia</strong> <strong>Private</strong> <strong>Equity</strong><br />
<strong>Forum</strong> <strong>2010</strong><br />
September 10th <strong>2010</strong> • Four Seasons, Hong Kong<br />
Benefits of attending:<br />
• Consider how regulations, internationally and regionally, will affect private equity in <strong>Asia</strong><br />
• Compare the investment options: Pipes, pre-IPO investments and buyouts<br />
• Structuring exits to realise investments<br />
• Look at developments around <strong>Asia</strong>: the opportunities and challenges of China and India<br />
• The implications of tax changes on the market<br />
In association with:<br />
Media partners<br />
www.iflr.<strong>com</strong>/<strong>Asia</strong>PE<strong>2010</strong>
<strong>Asia</strong> <strong>Private</strong> <strong>Equity</strong> <strong>Forum</strong> <strong>2010</strong><br />
September 10th <strong>2010</strong> - Four Seasons Hotel, Hong Kong<br />
After a mixed 2009, private equity in <strong>Asia</strong> is picking up but sourcing the right deal remains a<br />
concern. The public markets continue to provide attractive opportunities for Pipes and take-privates,<br />
while pre-IPO investments are growing in popularity, blurring the lines between venture capital and<br />
private equity.<br />
But with many houses still looking to exit pre-crisis deals, investment managers need an eye on the<br />
capital markets and secondary buyouts. Taiwan is emerging as a strong contender for listings,<br />
<strong>com</strong>pared to traditional venues in <strong>Asia</strong>, but investor demand and liquidity will dictate public offerings.<br />
And tax decisions in several jurisdictions could spell trouble for private equity exits.<br />
Regulation is an increasingly hot topic. As the US and EU draw up new rules for funds, <strong>Asia</strong>n funds<br />
must understand the impact that this will have on region’s regulatory framework and deal structures.<br />
In China, RMB funds and their associated regulation dominate concerns while, in India, foreign<br />
direct investment – as encouraged by the government – is driving activity, although the Vodafone tax<br />
dispute continues to overshadow deals.<br />
This one-day <strong>IFLR</strong> forum will bring together industry experts to examine these and other issues<br />
through a series of panel discussions.<br />
Who should attend?<br />
• <strong>Private</strong> equity houses<br />
• Hedge funds<br />
• Asset managers<br />
• Sovereign wealth funds<br />
• Investment bankers<br />
• Bankers’ counsel<br />
• Law firms<br />
Four Seasons Hotel, Hong Kong<br />
Hotel<br />
Four Seasons Hotel, Hong Kong<br />
8 Finance Street<br />
Central<br />
Hong Kong, China<br />
Tel: (852) 3196-8888<br />
On the waterfront overlooking Victoria Harbour and the financial<br />
district, Four Seasons redefines luxury and excellence in a city<br />
renowned for exceptional ac<strong>com</strong>modations. As part of the<br />
prestigious International Finance Centre, it offers unrivalled links to<br />
Hong Kong Station, with the famed Star Ferry steps away.<br />
We have negotiated special rates for you at the hotel. In the<br />
Peak View rooms, wall-to-wall windows provide captivating vistas<br />
of the Peak. Sumptuously <strong>com</strong>fortable, ac<strong>com</strong>modations are<br />
furnished in either sleek Western style, with silk-panelled walls and<br />
marble-floored entry foyers, or contemporary Chinese style, with<br />
sculpted furnishings, gold leaf and authentic ink paintings. The<br />
ensuite marble bathrooms feature a deep-soaking tub, separate<br />
walk-in rain shower and built-in LCD television.<br />
Hotel features include the Michelin three star Caprice restaurant,<br />
luxurious spa, and pool with magnificent views of the harbour.<br />
We have negotiated special rates for you at the hotel.<br />
TO BOOK YOUR ROOM go to: www.iflr.<strong>com</strong>/<strong>Asia</strong>PEHotelForm<br />
Book today call +852 2842 6995<br />
Email hotline@euromoneyplc.<strong>com</strong><br />
www.iflr.<strong>com</strong>/<strong>Asia</strong>PE<strong>2010</strong>
September 10th <strong>2010</strong><br />
8.30 Registration<br />
9.00 Chair’s introduction and opening<br />
remarks<br />
Tom Young, editor, <strong>IFLR</strong><br />
9.10 Keynote address: Sector perspectives<br />
Chris Gammons, managing director, head of <strong>Asia</strong> Pacific<br />
financial sponsors, Bank of America Merrill Lynch<br />
9.30 Creeping regulation: The impact on<br />
alternative investment management in<br />
<strong>Asia</strong><br />
• The potential impact of impending US and EU regulations<br />
• Regulations emanating from <strong>Asia</strong><br />
• How will regulation affect deal structure and processes?<br />
• Structuring deals and the growing importance of tax<br />
considerations; e.g. Australia: TPG's exit from Myer; Korea:<br />
considering imposing a large tax on US-based PE firms; China and<br />
Circular 698<br />
Speakers<br />
• Simon Cooke, partner, Clifford Chance<br />
• Michael Openshaw, executive director, global special opportunities<br />
group, JPMorgan<br />
• Christopher Xing, principal, China tax, KPMG<br />
• Josephine Orgill, general manager, AIMA Hong Kong Branch<br />
• Matt Richards, general counsel, Quvat Management<br />
10.30 Coffee<br />
10.50 Finding profitable investments in <strong>Asia</strong>n<br />
<strong>Private</strong> <strong>Equity</strong>'s post-golden era<br />
• Is the inbound dollar-based PE model dead?<br />
• What fund models are likely to be most successful?<br />
• Trends likely to affect the industry's future returns<br />
• How will onshore and offshore funds co-exist?<br />
Speakers<br />
• Anthony Root, partner, Milbank Tweed Hadley & McCloy<br />
• Jennifer Tang, managing director, head of legal, <strong>Asia</strong>, Avenue Capital<br />
Group<br />
• Christopher Seaver, CEO, CLSA Capital Partners (HK) Limited<br />
• Eric Solberg, CEO and co-founder, EXS Capital<br />
12.05 China, the continuing rise of RMB funds:<br />
Where are we now?<br />
• What does this mean for the market?<br />
• Making sense of the regulations – where the regulations are likely to<br />
end up<br />
• How to deal with possible conflicts of interest between offshore and<br />
onshore funds<br />
• The evolving role of foreign private equity in China<br />
Speakers<br />
• Howard Zhang, partner, Davis Polk<br />
• Jonathan Zhou, partner, Fangda Partners<br />
• Derek Chow, senior tax partner, Ernst & Young<br />
Up<strong>com</strong>ing events in the <strong>IFLR</strong> calendar:<br />
<strong>Asia</strong> Capital Markets <strong>Forum</strong> <strong>2010</strong><br />
November 16 & 17 <strong>2010</strong><br />
Four Seasons, Hong Kong<br />
13.05 Lunch<br />
14.00 Exits: IPO vs sale<br />
• Choosing the best stock exchange for your exit<br />
• Getting the best value for your <strong>com</strong>pany<br />
• Secondary buyouts<br />
Speakers<br />
• Chris Kelly, partner, Linklaters<br />
• Patrick Moran, head of global markets and investment banking<br />
counsel, <strong>Asia</strong>-Pacific, Merrill Lynch<br />
• Bill Wang, senior group legal counsel, Standard Chartered Bank<br />
15.00 <strong>Private</strong> equity in India<br />
• Key trends in private equity investing<br />
• Changes in FDI regulations<br />
• Direct Tax Code, Vodafone and tax issues<br />
• Competition law, <strong>com</strong>pany law and other new developments<br />
• Innovations in structuring<br />
• Dispute resolution and insights on enforcement<br />
Speakers<br />
• Kirtee Kapoor, partner, Davis Polk<br />
• Sridhar Gorthi, partner, Trilegal<br />
• Narendra Rohira, partner, transactions tax, Ernst and Young India<br />
16.00 Coffee<br />
16.15 Holding onto your investment: How to<br />
maintain profitability<br />
• Using local expertise while staying FCPA-<strong>com</strong>pliant<br />
• Bolt-on M&A<br />
• Refinancing<br />
• Foreign ownership restrictions<br />
Speakers<br />
• Kathryn King Sudol, partner, Simpson Thacher & Bartlett<br />
• Daniel M Anderson, director, <strong>Asia</strong> merchant banking, Citadel<br />
Investment Group (HK) Limited<br />
• Kabir Mathur, Kohlberg Kravis Roberts & Co<br />
• Bill Wang, senior group legal counsel, Standard Chartered Bank<br />
17.00 Cocktail reception<br />
Book your place now to ensure you are<br />
present at <strong>Asia</strong>’s premier cross-border<br />
private equity conference in <strong>2010</strong>.<br />
Sponsorship and exhibition opportunities<br />
Increase your organisation’s profile to key<br />
industry professionals. Position yourself in front<br />
of potential clients to showcase your services.<br />
To learn more about sponsorship and exhibition<br />
opportunities email<br />
nick.shrimpton@euromoneyasia.<strong>com</strong><br />
Book today call +852 2842 6995<br />
Email hotline@euromoneyplc.<strong>com</strong><br />
www.iflr.<strong>com</strong>/<strong>Asia</strong>PE<strong>2010</strong>
I would like to register for <strong>IFLR</strong>’s<br />
ASIA PRIVATE EQUITY FORUM <strong>2010</strong><br />
1|Register (Please tick one box):<br />
September 10 <strong>2010</strong> - Four Seasons Hotel, Hong Kong<br />
<strong>Private</strong> equity/hedge funds<br />
Bankers’ and corporate counsel<br />
<strong>Private</strong> practice/professional<br />
services<br />
$950<br />
Booking fee<br />
$500<br />
$650<br />
Total remittance<br />
2|Your details for registration (Please print):<br />
Name:<br />
Job title:<br />
Company:<br />
Address:<br />
Postcode:<br />
Country:<br />
Tel:<br />
Fax:<br />
Email:<br />
Please photocopy this form for additional delegates.<br />
I cannot attend but please add me to your mailing list for<br />
future events.<br />
3|Method of payment<br />
Payment must be received before the conference date to guarantee your<br />
place. Please tick box to select payment method and sign agreement in<br />
box<br />
Bank transfer quoting reference number<br />
£ Account – 01043191; Sort code – 30-00-02<br />
IBAN no – GB 97 LOYD 300002 01043191<br />
Lloyds Bank TSB Plc, City Office, PO Box 72, Bailey Drive,<br />
Gillingham Business Park, Gillingham, Kent, ME8 0LS, UK<br />
$ Account – 11512129; Sort code – 30-12-18<br />
IBAN no – GB 29 LOYD 301218 11512129<br />
Please find cheque enclosed (please make payable to<br />
Euromoney Institutional Investor PLC)<br />
To make a payment by credit card, please<br />
register and pay online at:<br />
www.iflr.<strong>com</strong>/<strong>Asia</strong>PE<strong>2010</strong><br />
or call +852 2842 6995<br />
Please note that in <strong>com</strong>pleting this booking form you<br />
undertake to adhere to the cancellation and payment terms<br />
listed below.<br />
€ Account – 59008833; Sort code – 30-12-18<br />
IBAN no – GB 25 LOYD 301218 59008833<br />
SWIFT address: LOYD GB2 LCTY<br />
Signature:<br />
Position:<br />
Date:<br />
The information you provide will be safeguarded by the Euromoney Institutional Investor PLC group, whose subsidiaries may use it to keep you informed of relevant products and services. We<br />
occasionally allow reputable <strong>com</strong>panies outside the Euromoney Institutional Investor group to contact you with details of products that may be of interest to you. As an international group, we<br />
may transfer your data on a global basis for the purposes indicated above. If you object to contact by telephone ❏, fax ❏ or email ❏ please tick the box. If you do not want us to share your<br />
information with other reputable <strong>com</strong>panies please tick this box ❏.<br />
Online: www.iflr.<strong>com</strong>/<strong>Asia</strong>PE<strong>2010</strong><br />
Tel: +852 2842 6995<br />
Fax: +44 (0) 20 7779 8279<br />
Email: hotline@euromoneyplc.<strong>com</strong><br />
To Register<br />
Mail: Anna Govett<br />
Legal Media Group<br />
Nestor House, Playhouse Yard,<br />
London EC4V 5EX, UK<br />
ADMINISTRATIVE INFORMATION:<br />
CANCELLATION POLICY: If you cannot attend you must cancel your registration REGISTRATION FEE: The registration fee includes participation in the conference,<br />
in writing by 6 August <strong>2010</strong> to receive a refund less a 10% administration charge. lunches, cocktail reception and documentation material, which will be distributed at<br />
Cancellations received after 6 August <strong>2010</strong> are liable for the full conference fee. You the beginning of the event. All bookings are binding on receipt of the booking form.<br />
may send a substitute to attend in your place at no extra charge, however we must<br />
know by 9 September <strong>2010</strong> via email. We cannot accept verbal cancellations. If you<br />
make your booking via the telephone, you are automatically adhering to our terms<br />
and conditions.