5th Annual VC/PE CFO Conference in 2014, Shanghai China
5th Annual VC/PE CFO Conference Review
Fifth China Venture Capital and Private Equity CFO Conference organized by China Venture Capital Finance Organization (CVCFO), was held successfully in Shanghai on September 5th, 2014. As one of the most important and well-recognized conferences in China's VC/PE industry, it attracted near 200 guests ranging from VC/PE investors, government officials, academics and financial service providers. Mr. Oscar Jazdowski of delivered a keynote speech. The participants gathered together to communicate and shared good practices on five key topics of China's VC/PE industry: 1) Shanghai Free Trade Zone ; 2) Cash Management and Repatriation ; 3) Legal Panel; 4) Tax Panel; 5)Exit Markets Compared.
SVB Welcome Remarks Oscar Jazdowski-SVB
Keynote Speaker Diansheng Lei
1. Shanghai Free Trade Zone
Panelist ：Jun Li – Vice Secretary of Shanghai Free, Trade Zone Management Committee
2. Cash Management and Repatriation
Moderator： Terrance Philips – Citi Private Bank
Panelist ： Eric Tsai - SCB
Andrew Zhu - DTT
Sanjay Aggarwal - Citi Private Bank
Kathy Chen - SBCVC
Discussion topics：
Cash Repatriation from Sale to Distribution
- Navigating the Tax Bureau, Local Banks and SAFE Governors
Cash Management: From Capital Call to Repatriation
- Effective uses of leverage: Bridging Capital Calls to Long Term Debt
- Block Trades and strategies selling your shares and companies
- Navigating the Tax Bureau, Banks and SAFE Governors
3. Legal Panel
Moderator：Karl Gao – Fosun USD PE Funds
Panelist： Steve Franklin – Gunderson
Silber Jordan – Cooley
Clare Lu – Qin Li Law Firm
Discussion topics:
AIFMD, Dos and Don’ts on Fund Raising from European LPs
Deal Terms and Structures
Discussion on investment modls under regulation framework and practice of FTZ
4. Tax Panel
Moderator：Filippo Huang - Gobi
Panelist ：Matthew Mui – PwC
Ye Hong – Deloitte
Discussion topics：
High level directions of Financial and Tax Reform of China
Case sharing of foreign holdco being deemed as Chinese TRE
BT issues for disposal of A shares
VAT exemption for VC/PE firms
5. Exit Markets Compared
Moderator：Judy Tyler – Standish
Panelist ：Kai Fang – ML
Jennifer Pu – Citi
Jerry Ku – Gunderson
Jianbin Gao – PWC
Discussion topics：
IPO Markets: US, HK, Taiwan, China
Pros and Cons of Each
Requirements of Each
Statistics and Matrix?
Distribution Issues (Cash and Stock)
M&A Landscape
With the end of the Fifth panel, Mr. Filippo Huang, the Chairman of China Venture Capital Finance Organization (CVCFO), announced the successful conclusion of this summit, and he hoped everyone would continue to support CVCFO in the future. The Pre-Conference dinner was held on Thursday, September 4th on 6 p.m at ASC, Shanghai.
Conference materials download:
Conference photo download:
http://pan.baidu.com/s/1hq465Di