Month: April 2020

Just an update on the inaugural Linnovate Partners Robot Building Competition. Due to an influx of new team members and internal promotions in April, we’ve recalibrated the competition to now include three teams comprised from our Research & Development (R&D) and Alternative Fund Services (AFS) departments. To ensure a management neutral collaborative environment, the senior management will not be taking part in the build, and will instead cheer from the sideline. Best of luck to our participants and we will…...

We wanted to have a look at a topic that always present in our industry but even more so in light of the current world crisis. Recently there has been an increased focus on more inclusive valuation methods, with an increasing opinion that traditional ways of determining business value are insufficient to deal with fast moving businesses in the modern era. Different methods result in different valuations. This is ever important given the lack of an open market for private…...

Our friends at Private Equity International have recently published the results of a survey of GPs and LPs conducted at the end of March 2020, on the effect of Covid-19 on fundraising and LP relations. One eye-opening finding was that nearly two-thirds of LPs feel that they do not have good visibility on the effect of Covid-19 on their underlying portfolio companies. We found this somewhat surprising since it has been an area of focus for service providers and software…...

Linnovate Partners, the new force in alternative assets servicing with cutting-edge technology, is seeking a dynamic, driven individual with a passion for fintech and a thirst for learning, to be their new BD and Sales Executive. The role is based in our Hong Kong headquarters but has an international remit. The successful applicant will have excellent language skills, and the ability to clearly enunciate our vision to prospective clients. Knowledge of alternative assets will be looked on favourably but is…...

On 20 March 2020, the Government of the Hong Kong Special Administrative Region (HKSAR) gazetted the Limited Partnership Fund (LPF) Bill. This Bill is a key pillar of the HKSAR Government’s desire to make Hong Kong a more attractive destination for alternative asset investment funds. This move is driven by Hong Kong’s status as an international financial centre, and takes place in a cross-border environment of increased regulatory attention – for example on economic substance. The proposed effective date of…...