The Organizing Committee recently announced the First China International Private Equity Forum sponsored by the All China Federation of Industry & Commerce, the Association for Corporate Growth (ACG), and the Tianjin Municipal People’s Government will be hosted in Tianjin Binhai International Convention Center from June 6 to June 8, 2007. The Committed also announced the International Finance Service website is active effective today.
Mr. Xianglong Dai stated that due to support from All China Federation of Industry & Commerce and ACG, the preparations have run smoothly. Organizing the forum is the most important milestone for the Binhai New Area as it is the nation’s experiment district for financial reform. Currently, preparations for the forum are underway and the Tianjin Municipal People’s Government is fully supporting those preparations.
This conference will use a type of “speed dating” format known as Deal Source along with Capital Connection, both developed by ACG, to effectively and efficiently connect potential investors and capital-seeking companies. In order to ensure the success of the conference, the Organizing Committee members visited the United Stated earlier this month. Through prearranged meetings by ACG, the Organizing Committee members visited and exchanged ideas with more than 400 private equity funds and investment banks in San Francisco, Washington D.C., and Dallas in the U.S. Attending the conference will be more than 70 private equity funds with capital ranging from $30 billion to $50 billion from the U.S., Europe and Japan. Domestic investment companies, commercial banks and intermediaries will also participate in the forum in Tianjin. This conference will be the largest capital raising event of the year.
Mr. Wei Wang, Chairman of China M&A Association, and deputy sectary-general of the Organizing Committee told reporters that most of the international road shows (other than Japan) have occurred and were successful. The Organizing Committee members will soon begin road shows in Japan and major cities in China to promote the conference.