China Venture Capital & Private Equity Forum, Tokyo 2010
--Investment in East Asia-Financial Forum

What "time" has been changing is not only the pace of global economic recovery, but also other aspects, like the pattern of Asia-Pacific equity markets in the eighteenth month immediately following the sub-prime mortgage crisis, and during the six-month upgrading of the European sovereign debt crisis.

Is it like wind blowing from the west?

In Japan, Singapore, and Hong Kong, large hedge funds have found their way into Europe and the United States. FOF and LP of Europe and the United States are everywhere to see in the Asia-Pacific region, bringing with them huge sums of money and operational experience in capital. However, they find it hard to display their talents when confronting the limitations of local policies and laws. What is desperately in need is for funds to enter the Asia-Pacific region both quickly and meeting relevant requirements as much as possible, and to share the fruits of the rapid economic recovery in the Asia-Pacific region.

Is it like meeting on the narrow road?

Is the rapid rising of the local venture capital institutions in the Asia-Pacific region only a challenge to the localization of European and American venture capital firms operating in this region? Or will it profoundly subvert the dominant position of the European and the American venture capital in the Asia Pacific region in the past?

Pension funds, insurance companies and family institutional investors tend to be conservative in Europe and the United States, while in Asia, adequate capital mobility and local VC sectors are in rapid growth. So has the latter quietly taken over the initiative in the venture capital of the Asia-Pacific region? Foreign venture capital institutions urgently need to determine how to defend their equity investment position in the Asia-Pacific region.

Is it like great waves washing away the sand?

In Asia-Pacific region, is venture capital creating industry bubble in New Energy? Or is New Energy destined to follow the IT industry and become VC's next time transgressive investment highlight? In Asia Pacific, Europe and America, how many emerging markets have been saturated and high-growth industries are worth the attention? How long will it take for leveraged buyouts, mezzanine capital and other financial innovations to flourish in the Asia-Pacific region?