Summit Background
In recent years, FOF (fund of funds) has become a priority for foreign and domestic fund managers to raise money. Especially in the equity investment field, the capital managed by FOFs account for more than 38% of the total global private capital. Due to its risk control capability, FOF is also a "gatekeeper" for foreign LPs to invest in new investment market like China, Russia and other countries after the financial crisis.
Back to China, with a high economic growth, China has obviously become the most attractive investment market for foreign investors. But China's FOF investment market has not fully developed due to the immature VC/PE market and the restriction of policies in China. There is almost no real FOF group except government guiding funds in China. What's the best operation model of local FOF in China? How to develop local LPs? What's the financing opportunity for local GPS?
It is under this industry background that the 2nd event is launched. This summit will provide an effective platform for attendees to familiarize themselves with China's policies and regulations on FOF investment environment,to share the experience with the world-leading companies and China's government officials, as well as to help identify the potential clients and partners in China.
Summit Highlights
- Interpretation of policies on RMB fund set-up, establishment of foreign-invested equity investment fund and the preferential tax for venture capital enterprises in China
- Better understanding of the mature FOF investment models in EU and US
- Insight into the reality and the operation model of local FOFs in China
- Clarifying the selection criteria of qualified GPs
- Digging the potential of local LPs in China
- Show case of the successful FOF investment in China
