James Wang, Esq. of Han Kun spoke at Seminar - "China's New Private Fund Management Regime"
2016-11-04
The announcement of Asset Management Association of China (“AMAC”) on June 30, 2016 that foreign financial institutions are now permitted to engage in private securities investment fund management business in China in the form of a WFOE or JV presents many opportunities and will attract more foreign fund management institutions to China.
In response to the great interest in this area from global asset managers, on November 2, 2016, Han Kun Law Offices, PwC, Alternative Investment Management Association ("AIMA"), CITIC Prime Brokerage and Tianjin Free Trade Zone jointly held a seminar on China's new private fund management regime in Hong Kong, discussing how to seize the opportunities and seek support from local government authorities. A panel of experts shared their insights and experience in WFOE fund management companies formation and AMAC registration in China. James Yong Wang, Esq. of Han Kun was invited to introduce the relevant law and compliance and the practice of the formation and AMAC registration of private fund management companies, which was very well received by the global asset manager audience.
As one of China's most premier full-service investment and financing law firms, Han Kun has been consistently ranked as a Tier 1 PRC law firm for Investment Funds, PE/VC, mergers and acquisitions, TMT and Healthcare by global legal directories such as Chambers, IFLR, Legal 500, Legal Media Group's Global Expert Guides for Banking, Finance and Transactional Law, ALB, Euromoney and Asian-Mena Counsel. Han Kun investment funds team, located in Beijing, Shanghai and Shenzhen, is known for its unparalleled breadth and depth of expertise and its cutting-edge work in the funds area. The team has formed over 600 RMB, USD and hybrid funds in and outside of China on behalf of numerous PRC and global private fund sponsors and asset management firms and has managed to assist dozens of major PRC and global private fund manager and private funds to complete AMAC registration.