In Person

2018 China Fund Manager Seminar Series

November 15, 2018
Event details
November 15, 2018
9:00 am
Hong Kong, China

Event summary

Please join us for our annual seminar series aimed at CFOs, controllers, in-house counsel and administrative managing directors of private equity and venture capital firms doing business in China. A team of senior Cooley lawyers specializing in fund formation, investments and capital markets will address current legal issues and market conditions affecting China funds. This event is complimentary to attend and includes training sessions, a luncheon and plenty of time to network with fellow professionals, including lawyers from Cooley and representatives from our sponsor.

For more information, please email Zaharit Chen or call +1 650 843 5423.

Agenda

9:00 am Registration, Coffee and Light Breakfast
9:15 am Welcoming Remarks
9:30 am “Dual-Track” US IPO/M&A Process – Managing the Best Value Exit for PE/VC Backed Companies in an Unpredictable Environment

Whether it is an exit through a sale or filing for US IPO, valuation, flexibility and manageable process would be among the most important considerations for PE and VC funds when it comes to portfolio company exits. A “dual-track” US IPO/M&A process has at times been popular for US based companies. For Asian companies, many have gone down or started going down this challenging path in this unpredictable time. Cooley's world-class capital markets and M&A teams will share war stories, insights and examine up-to-date issues around managing the dual-track process. The panel will discuss key tips in maximizing success in the US and consider whether such strategies would be helpful to PE/VC backed companies in this part of the world.
10:30 am Networking Coffee Break
10:45 am Sharing the Wealth: GP Agreements in 2018

In the few years since we have last examined the core terms of GP agreements, there have been some big changes in how China GPs "share the wealth." The panelists will use statistics from recent deals to examine these issues. Methods of carried interest sharing have gotten more complex over time as fund managers continue to search for ways to adjust carry more in "real time" to reward performance. Vesting has changed especially in light of the fluidity of the market for investment professionals. Market maturation has led to more "sticky situations" and with that have come changes to buyout rights for vested interests. A number of issues are examined taking into account the market in 2018.
12:00 pm Networking Lunch

A chance to network with your fellow professionals, the sponsors and the lawyers from Cooley.
1:00 pm Program Concludes

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