RMB Fund Formation and PE Investment: A Regulatory Roadmap

RMB Fund has definitely stolen the spotlight of China's Venture Capital and Private Equity industry currently.  Its formation, development and legal structure are always the most concerns in the community.

China venture Capital Association (CVCA) organized a seminar on RMB Fund formation and PE investment on Dec. 15, 2008.  Mr. Richard Guo and Mr. Jeffrey Ding, Partners from the Fangda Partners, were invited to be the guest speakers, shared their practices with CVCA members and some other people in the VC/PE industry.  Mr. Guo specializes in Private Equity, Mergers & Acquisitions and Capital Markets, particularly experienced in structuring and organizing domestic private equity funds, known as "RMB Funds".  His most recent mandates include representing Hony Capital in structuring and formation of its first RMB fund, a limited partnership established under the amended PRC Partnership Law and by far one of the largest RMB-denominated private equity funds in China in terms of committed Capital.  Mr. Ding has extensive experience in merger and acquisition of listed and unlisted companies, domestic overseas securities offering, advised a large number of multinational companies in joint venture projects in China in various industries.

About 100 participants attended and experienced a very active interaction with speakers. The meeting gained very positive response from all participants.  They expect more business seminars like this in the future.