2016 Certified Trade Mission to Hong Kong — January 19 – 21, 2016

2016 Certified Trade Mission to Hong Kong For Private Equity, Venture Capital, Infrastructure and Real Estate Fund Managers

January 19-21 2016
Hong Kong


The 2015 Global Financial Centres Index ranks Hong Kong as the number one Asian financial center, and number three in the world, after London and New York.

Hong Kong achieved a growth rate of 146% in cross border assets between 2008-2014, more than any other country

Hong Kong achieved the highest growth rate of any country in the past six years.

— Deloitte Wealth management ranking 2015

According to UBS and Campden Wealth, Hong Kong is one of the two most prominent wealth centers in Asia-Pacific. More than 75% of the family offices established in the last ten years in the region have been launched in Hong Kong & Singapore.

Asia-Pacific’s wealthiest investors are moving much more of their money into direct investment opportunities rather than equity and bond markets.

Allocations to Private Equity and Venture Capital grew to 15% compared with 4% in 2012.

Family Offices are long-term investors, with 74% of them reporting an investment horizon of at least five years.

Asia’s wealthy families are becoming much more bullish towards investment prospects, with twice as many respondents more optimistic about investment prospects than a year ago.

 

I participated in the US Certified Trade Mission (CTM) to Hong Kong in the past two years, and found it tremendously helpful. Here in Hong Kong we see very strong demand for quality investments from the US, ranging from venture capital opportunities to real estate projects. I personally will be keen to participate in the next CTM.

Conrad Tsang, Chairman
Hong Kong Venture Capital and Private Equity Association
 
 

KEY FEATURES OF THE CERTIFIED TRADE MISSION

  • Minimum of 20 one-on-one personal meetings with Hong Kong’s leading institutions and family offices
  • Focused, structured, organized and pre-arranged private meetings
  • Convened by the U.S. Embassy
  • No placement agency fees or commissions
  • Full contact information and background provided to GPs prior to all meetings
  • Promotion of your firm to 150+ local institutional investors, and single- and multi-family offices

Summary

In cooperation with the U.S. Department of Commerce, International Trade Administration, U.S. Commercial Service, the U.S. Embassy in Hong Kong, and the U.S. Export Assistance Center in New York City, you are invited to apply to join the Certified Trade Mission which will introduce a small, select group of U.S. private equity, venture capital, infrastructure and real estate fund managers to meet pre-screened institutional investors from Hong Kong’s largest insurance companies, pension funds, and family offices.

The mission is certified by the U.S. Department of Commerce. The mission is organized by Katsof Consulting.

Certified Trade Missions and similar events supported by the U.S Department of Commerce have attracted top funds from the U.S. Click here to see some of the funds that have attended in the past.

Hong Kong Investors

  • Institutional Investors (Insurance, Pension)
  • Corporate Investors
  • Family Office Managers
  • Heads of Families
  • High Net Worth Individuals


Partial List of Hong Kong LPs invited as of August 1, 2015

Asia Alternatives Management — Private Equity Fund of Funds Manager
AIA Group — Insurance company
ALPS Advisory — Multi Family Office Group
AXA Asia — Insurance Company
Bank of China Group Investment
China Taipeng Insurance
Chinese University of Hong Kong Bursary — Endowment
Emerald Hill Capital partners — Private Equity Fund of Funds Manager
8T8 Capital — Family Office
Flag Squadron Asia — Private Equity Fund of Funds Manager
Grace Financial — Multi Family Office
Leitmotiv — Multi Family Office
Hong Kong Monetary Authority — Sovereign Wealth Fund
Quam Private Wealth — Wealth Manager
Riverland Capital — Private Equity Firm (Investor)
RS Group — Family Office
Monetary Authority of Macao — Sovereign Wealth Fund
London and Capital Asia — Multi Family Office
Wide Growth Investments — Multi Family Office
Violet Hill Partners — Single Family Office
Hendale Group — Family Office
Legacy Advisors — Single Family Office
Unicorn Capital — Private Equity Fund
Saplings Alternative Advisors — Hybrid Fund of Funds Manager
Li Ka Shing Foundation — Foundation
Caidao Capital — Asset Manager

Hong Kong Chairmen Overseeing LP Recruitment

A select group of Financial service executives, family office heads and Fund managers serve as our Hong Kong Chairmen. It is through their personal knowledge and extensive relationships, in partnership with the U.S. Commerce Department and the U.S. Embassy, that we are able to ensure a quality selection of Chinese investor LPs attend the Trade Mission.

Chairman: Wong Poh Weng, Managing partner,

Wong Poh Weng obtained a Bachelor of Science from the University of Essex. He qualified with PricewaterhouseCoopers, London, in 1976, and joined their Hong Kong office in 1978, heading an audit group specialising in corporate reviews, valuations, and investigations. He joined RSM Nelson Wheeler in 1985, and became a Partner in 1986. He is the Chairman of the RSMi Asia Pacific Executive Committee, and a member of the RSM International Policy Board. He is a Fellow Member of the Hong Kong Institute of Certified Public Accountants, and of the Institute of Chartered Accountants in England and Wales.

RSM Hong Kong was established in 1975 and is one of Hong Kong’s leading accounting and consulting firms with around 450 staff, offering a wide range of services to local and international clients, including Audit and Assurance, Tax, Risk Advisory, Transaction Advisory and Corporate Advisory. RSM Hong Kong is the Hong Kong member firm of RSM International, the 7th largest global audit, tax and accounting network, with a combined fee income of over US$4.4 billion.

Co- Chairmen*
Evan Chow, Managing partner,

Evan has over 10 years of financial experience in asset management, corporate finance and private equity, having worked at major investment banks before setting up his own family office platform, CEG Capital, focusing on real estate, alternative investments and asset management.
He was instrumental in building MCL to become a leading financial services platform since joining the Group in 2009.
He received a Hon. B.A. from Brown University Magna Cum Laude, Phi Beta Kappa in Applied Mathematics, Economics and Organizational Studies.
He is a member of the Young Presidents’ Organization, Centum Charitas Foundation, Tianjin Municipality Youth Federation, Liaoning Province Youth Federation, Brown University Annual Fund Young Leadership International Committee and Hong Kong Tuberculosis, Chest & Heart Diseases Association Fundraising Committee. He also serves as an External Advisor to the Hong Kong Baptist University Department of Finance.
Having originated and executed a variety of co-investment projects, equity and mezzanine financing with real estate funds and developers, Evan is active in originating and executing real estate opportunities for MCL investors throughout Asia and in key global cities. Recent investments include a distressed residential project in Singapore, a retail asset repositioning in Hong Kong and development financing opportunity in Sydney.

James Ogilvy-Stuart, Managing director at

James has extensive experience in the financial services, corporate and digital media sectors, spanning a period of more than 25 years. His primary focus has been in strategic relationship management, business development, marketing and communications in the Asia Pacific Region.

James began his career with Bloomberg LP in Europe in 1989 and was appointed Hong Kong General Manager and Regional Managing Director in 1998, where he was responsible for managing and developing Bloomberg’s business in Greater China, Korea, Thailand and the Philippines. Latter additional roles included those of Head of Marketing and Communications for Asia.

From 2006, James served as Senior Managing Director / Head of Asia Pacific for The NASDAQ Stock Market Inc., where he developed and managed the company’s new listings business within Asia. He currently serves as Independent Non-Executive Director on the boards of MCL Financial Group, FWD Life Insurance, FWD General Insurance and Icicle Group Limited (a privately held global cross-media marketing and procurement solutions business). He has also represented Alexander Proudfoot, a management consulting company which specializes in driving rapid operational change and improvement in financial performance, where he led the company’s Asia practice in the financial services sector.

Henry Lee, Managing partner, HENDALE CAPITAL

Henry Lee has close to 30 years’ experience as an investor, fund manager, corporate financier, and fund allocator in global and Asian markets. His extensive experience encompasses private and public investments, hedge funds, private equity and venture funds, managing asset management companies and family office operations.

In 1996, Mr. Lee founded Hendale Asia, one of the first Asian-based multi-strategy alternative funds, after being a Principal at the Bass family office in Texas for 6 years. Hendale now specializes in direct private investments in globally. More recently, Mr. Lee was the CIO of Nan Fung – a large private real estate and investment conglomerate, where he managed a large diversified investment portfolio in excess of several billion USD. Prior to that, between 2003 and 2008, he managed large portfolios for the Asia operation of Sandell, a large global hedge fund and was an Executive Director of UBS Global Asset Management responsible for hedge fund allocations globally based in Hong Kong. He started his career as an investment banker at CS First Boston in New York and London in 1987.

His community work and directorships include being an Independent Non-Executive Director of the Bank of Xian, the leading local bank in Xian city, and a 2nd term member of the Xian China Peoples’ Political Consultative Committee (CPPCC). He is active in community and alumni affairs and holds various directorships and posts in organizations such as the HK Cancer Fund and the Mongolian Chamber and Mongolia Club (HK).

He is a graduate of the Wharton School of the University of Pennsylvania and fluent in Mandarin Chinese, Cantonese and English. Born and raised in Asia, America and Africa, Mr. Lee is a citizen of Hong Kong and Switzerland.

Stanley Ng
Academy INK
Family Office
Director

Tom Ng
Crystal Properties
Real Estate Investor
General Manager Investments

*In formation

GP Delegate Selection Criteria

Attendees must be invited to participate in this mission.  Invitees represent a select group of top U.S. private equity, infrastructure, venture capital and real estate fund managers. The group will consist of senior executives and will have a mix of GPs with diverse investment strategies, sector focuses, and geographic preferences.

Attendance in the Certified Trade Mission to Hong Kong is limited to fifteen U.S. Funds to maximize the level of overall access and one-on-one meeting opportunities with the institutional attendees.

Based on past interest and participation, we expect demand to be very high.  Attendees will be accepted on a rolling basis up until the deadline of January 3, 2016.

Private Equity, Real Estate, Infrastructure and Venture Capital Firms will be selected according to the following criteria:

  • Diverse investment strategies, sector focuses and geographic preferences.
  • Industry leading performance history.
  • Sound management and accounting practices.

Overview

Institutional Investors in Hong Kong as well as family offices and high net worth individuals are now investing in alternative assets in the U.S. In recent years, there has been a large movement of capital to the U.S., in particular from high net worth individuals and institutional money managers into Private Equity, Venture Capital, Real Estate and Infrastructure Funds. Recent changes in Chinese law now permit Chinese individuals to make investments into U.S. alternative assets. It is a very daunting process though, for those responsible for the investment decisions to sort through the hundreds of proposals and thousands of  possible opportunities. The Certified Trade Mission facilitates this process by arranging the introduction of a select group of U.S Fund managers to the leading Hong Kong Institutions, family offices and high net worth individuals.

The Mission will provide:

  • One-on-one meetings with Hong Kong investors.
  • An opportunity to meet Hong Kong Institutional limited partner investors from the largest Insurance companies, Pension Funds, private family offices and private wealth managers.
  • A forum to exchange ideas and strategies with Hong Kong investors, other U.S.-based fund managers, and policy-makers from both Hong Kong and the United States.
  • Opportunities for intimate interaction between U.S. GPs and Hong Kong LPs
  • Promote U.S. PE, infrastructure, real estate and VC Funds
  • Introduce U.S. PE, infrastructure, real estate and VC Funds to Hong Kong LP’s

Benefits to Fund Managers

  • Exposure to top level Hong Kong investors in an exclusive setting.
  • Knowledge gained from Hong Kong investors.
  • Serve as a delegate in a U.S. government initiative aimed at promoting the nation’s leadership in private equity, infrastructure, venture capital and real estate to foreign institutional investors.
  • Showcase your firm’s investment expertise directly to interested investors.

Asian Financial Forum

January 18-19, 2016
A discount will be provided for any GPs who want to also attend the Forum prior to the Trade Mission

Agenda

Tuesday, January 19, 2016 – Arrival in Hong Kong

Check in at the five-star Conrad Hong Kong.

8:00 PM Informal get together for the U.S. GPs in the Executive Lounge.

Wednesday, January 20, 2016

Certified Trade Mission

8:30 – 9:00 AM Registration of LP & GP attendees and light breakfast

9:00 AM – 12:30 PM One-on-one meetings: Members of the U.S. delegation will meet in one-on-one meetings with each investment professional from the leading Hong Kong institutions, insurance companies, pension funds and family offices. Each attendee will meet with each Hong Kong institution. Meetings will be approximately twenty minutes long.

12:30 – 1:30 PM Lunch

 1:30 – 4:30 PM One-on-one meetings between LPs and GPs continue

4:30 PM Trade Mission formal program ends

Thursday, January 21, 2016

Check out & Departure

* The government of the United States, particularly the U.S. department of Commerce and the U.S. Embassy is not involved in selecting or recruitment  for this mission. Such selection and recruitment is strictly left to the mission organizer.  The U.S. and foreign commercial service supports the goals of this event but does not endorse the specific products or views of the participating organization.