Hong Kong Venture Capital and Private Equity Association (HKVCA)

Background

Established on November 12, 1987, the Hong Kong Venture Capital and Private Equity Association (HKVCA) is a not-for-profit organization dedicated to promoting and protecting the interests of the venture capital and private equity industry in Hong Kong. The association's mission is to foster a vibrant venture capital and private equity ecosystem in Asia, emphasizing the role of its member firms in driving value creation, innovation, and economic development.

Key Strategic Focus

HKVCA serves as a pivotal platform for networking and experience sharing among its members. The association is committed to:

Promoting industry professional ethics and international best practices.

Representing member views before governmental and other relevant bodies.

Facilitating the exchange of ideas and information among venture capital and private equity practitioners across the Asia-Pacific region.

Membership and Industry Significance

HKVCA boasts over 520 corporate members, including more than 300 private equity firms, pension funds, funds of funds, and family offices. Collectively, these members manage approximately US$2 trillion in assets. The association's membership spans the entire Asia-Pacific region, investing across various sectors and stages, from venture capital and growth to buyouts and secondary transactions.

Leadership Team

The HKVCA is led by a team of seasoned professionals dedicated to advancing the association's mission. Key figures include:

Johnny Chan: President

Joanne Yuen: Secretary General

Their leadership has been instrumental in steering the association's strategic initiatives and fostering a collaborative environment for members.

International Collaborations

HKVCA actively engages in international collaborations to enhance the global reach and impact of its members. Notable initiatives include:

Asian Venture Capital Private Equity Council (AVCPEC): Founded jointly by nine regional private equity associations, AVCPEC aims to facilitate information sharing, support education and training, and promote professional standards across the Asia-Pacific region.

Global Venture Capital Congress (GVCC): This forum brings together leaders from the global venture capital and private equity industry to discuss shared issues and opportunities. HKVCA has hosted and participated in several GVCC meetings, underscoring its commitment to global industry collaboration.

Competitor Profile

Market Insights and Dynamics

Hong Kong is a major private equity hub in Asia, managing approximately US$215 billion in assets, second only to Mainland China. The city is home to around 650 private equity and venture capital firms, with nearly 60% serving as regional headquarters.

Competitor Analysis

Key competitors in the Hong Kong venture capital and private equity landscape include:

CITIC Capital: A Chinese alternative investment firm founded in 2002, managing approximately US$15 billion in assets as of 2024.

Tiantu Capital: Established in 2000, Tiantu focuses on venture capital and private equity investments, particularly in China's consumer industry.

Gobi Partners: Founded in 2002, Gobi Partners is an Asian venture capital firm with a focus on investments in China and Southeast Asia, managing around US$1.6 billion in assets as of 2024.

Strategic Collaborations and Partnerships

HKVCA's strategic collaborations, such as its involvement in AVCPEC and GVCC, strengthen its market position and innovation capacity. These partnerships facilitate the exchange of ideas, promote best practices, and support the development of professional skills among practitioners within the region.

Operational Insights

HKVCA's strategic considerations include:

Advocacy: Representing member views before governmental and other relevant bodies to influence policy and regulatory frameworks.

Education and Training: Organizing forums, seminars, and workshops to enhance the professional skills of members.

Networking: Providing platforms for members to connect, share experiences, and explore investment opportunities.

Strategic Opportunities and Future Directions

Looking ahead, HKVCA aims to:

Expand Membership: Attract a broader range of members, including emerging venture capital and private equity firms.

Enhance Global Collaboration: Strengthen ties with international associations to facilitate cross-border investments and knowledge sharing.

Promote Innovation: Support initiatives that drive innovation and technological advancement within the industry.

Contact Information

For more information about HKVCA and its initiatives, please visit the official website: www.hkvca.com.hk

Note: Specific contact details such as address, phone number, and email have been omitted in accordance with the provided instructions.