Despite all the rhetoric about China slowing down, +7% growth and the world's largest emerging market can still deliver huge returns if you have local private equity market expertise. Management of the Beijing Capital Growth Fund give their outlook for the Chinese PE market, tell why local Chinese funds are eclipsing the large foreign funds such as Hony or Carlyle, and explain why 2013 presents great investment opportunities in China's pre-IPO market.
In this episode, GenevaRoadShow.TV takes you back out to Beijing to meet with Beijing Capital who is set to launch a local Chinese fund which will be the first ever open to foreign investors to co-invest in China alongside the investment arm of the Beijing municipal government. Paul Song, a recognized pioneer in China’s RMB venture capital and private equity industry and Managing Partner of the Beijing Capital Growth Fund gives his views of the current private equity environment in China as a new central government is set to be elected by the National People's Congress scheduled for next week.
Song’s other managing partners give their views with an overview of the fund from Omer Ozden, a rare non-Chinese managing partner and a member of the fund's investment committee. Ozden outlines the value added by leveraging the built-in government relationships of the Beijing municipal government’s investment interest and Beijing Capital’s infrastructure which includes a complete IPO infrastructure consisting of internal capital markets experts, a nationwide SME loan guarantee company, and subsidiary securities houses.
The team explain the unique advantages that the Beijing Capital Growth Fund has over rival China PE funds in sourcing RMB private equity investments in China and discuss how they add value to portfolio company exits that will be achieved through IPO listings on the ChiNext and the Shenzhen SME A-Share stock exchanges by providing assistance with the regulatory process and by leveraging these government relationships.
Don't miss the Out-take at the end of the video...
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