2008 has been an unusual year. The global financial crisis has not only influenced the US but also international economy, and to a large extent the economy in China as well, both virtual and real, and people's confidence. China's VC/PE and VC/PE-backed enterprises have all been influenced, while fundraising, investment and exit have slowed. However, even under the current financial crisis, China remains the most attractive market for VC/PE in the world. In the first 11 months of 2008, VC investment reached USD3.7billion, and PE investment reached USD 8.9billion. RMB funds have grown rapidly, having a larger influence. 110 new foreign and domestic funds are currently active in China, including 84 RMB funds that raised a total of USD 7.1billion, up 29.1% from the total in 2007. 48 PE funds raised a total of USD 5.8billion, up 63.3% from the total in 2007.
During the China Venture Capital & Private Equity New York Forum 2009, a number of senior investors and industrial experts from both US and China will be invited to discuss and analyze the opportunities and challenges of the current macroeconomic environment, problems that VCs, PEs and LPs might face in China, the relationships between the interests of Chinese and American investors, and the emergence of RMB funds. They will also make predictions and give practical suggestions.
Since 2001, the China Venture Capital & Private Equity Forum held by Zero2IPO has stepped in its 9th year. This year, it is being held in the United States for the 4th time. As the most effective viewpoint and experience sharing platform, it provides attendees with authoritative data resource, broad network and a platform for success.
|