Linnovate Partners is pleased to sponsor and co-organize the CVCFO Members’ Spring Dinner, an annual gathering of finance professionals in private equity and venture capital firms in the Greater China region. Held on February 16, 2023 at Dynasty Club Hong Kong, the event was attended by notable guest speakers from the Hong Kong Monetary Authority, InvestHK, FamilyOfficeHK, and more than 60 members of the organization.
The evening commenced with an opening speech from Mr. Darryl Chan, Deputy Chief Executive of Hong Kong Monetary Authority (HKMA) where he shared the latest economic outlook following the reopening of Hong Kong borders. Ms. Christine Ho, Deputy Global Head of InvestHK and FamilyOfficeHK shared how the government is supporting the latest Hong Kong Limited Partnership Fund (HKLPF) regime and how it benefits the industry. The event also discussed the new Foreign-Sourced Income Exemption (FSIE) mechanism, which was introduced in 2022, Mr. Ming Lam, Partner, Financial Tax Services of Ernst and Young presented the new FSIE regime as well as the latest development of Hong Kong tax concessions for carried interest.
Established in 2009, China Venture Capital Finance Organization is a non-profit association of finance professionals in private equity and venture capital firms in the Greater China region. It was founded to provide a platform for information sharing and networking within the community of China-focused private equity and venture capital finance professionals.
Check out the photos from the evening: