LEADER 05245nam 2200661 a 450 001 9910139710503321 005 20200520144314.0 010 $a0-470-82654-1 010 $a1-119-19943-3 010 $a1-280-76749-9 010 $a9786613678263 010 $a0-470-82653-3 035 $a(CKB)2550000000082771 035 $a(EBL)818406 035 $a(OCoLC)775301843 035 $a(SSID)ssj0000640070 035 $a(PQKBManifestationID)11418718 035 $a(PQKBTitleCode)TC0000640070 035 $a(PQKBWorkID)10611226 035 $a(PQKB)10975112 035 $a(Au-PeEL)EBL818406 035 $a(CaPaEBR)ebr10529345 035 $a(CaONFJC)MIL367826 035 $a(CaSebORM)9780470826515 035 $a(MiAaPQ)EBC818406 035 $a(EXLCZ)992550000000082771 100 $a20120206d2012 uy 0 101 0 $aeng 135 $aur|n||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aPrivate equity in China$b[electronic resource] $echallenges and opportunities /$fKwek Ping Yong 205 $a1st edition 210 $aSingapore $cJohn Wiley & Sons Singapore Pte. Ltd.$d2012 215 $a1 online resource (334 p.) 225 1 $aWiley finance series 300 $aIncludes index. 311 $a0-470-82651-7 327 $aPrivate Equity in China: Challenges and Opportunities; Contents; Preface; Acknowledgments; Chapter 1: Private Equity: An Introduction; Overview; Stages of Development of a Company; Differences between Private Equity and Venture Capital; Differences between Private Equity Investments and Corporate Mergers and Acquisitions; Inventis Private Equity Model; Structure of a Private Equity Fund; General Partners; Limited Partners; Investment Committee/Advisors; Professionals; Private Equity Investment Process; Planning, Fund-Raising, and Deal Sourcing; Due Diligence; Deal Structuring 327 $aPortfolio Management Exit Strategies; Chapter 2: Overview of the Political, Macroeconomic, and Financial Landscape in China; Overview; Regulatory Environment; Chinese Government Agencies and Their Relevance to Private Equity; China's Macroeconomic Conditions and Trends; Macroeconomic Condition 1: Inflation; Macroeconomic Condition 2: Widening Income Disparity; Macroeconomic Condition 3: Accelerated Aging Population Structure; Macroeconomic Trend 1: Increasing Urbanization; Macroeconomic Trend 2: Westward Shift in Industrialization and Development 327 $aMacroeconomic Trend 3: Strong Growth in Domestic Consumption Macroeconomic Trend 4: Shift toward Value-Added Industries; China's Financial Markets; Key Phases of Developments in China's Capital Markets; China's Equity Markets; Foreign Listings on Chinese Exchanges; China's Credit Market; Trust Financing; China's Futures Markets: Commodity Exchanges and Derivatives Exchanges; Summary; Chapter 3: Private Equity in China; Overview; Key Market Trends and Developments; Private Minority Placement Quadrant; Private Majority Placement Quadrant; PIPE Minority Deals Quadrant 327 $aPrivate Equity Funds in China Foreign-Owned Private Equity Funds (FOPE); Chinese-Owned Private Equity Funds (COPE); State-Owned Industrial Private Equity Funds (SOPE); Hybrid Foreign/Chinese USD and RMB Private Equity Fund (HOPE); Private Equity Investment Structures in China; Red Chip Structure or Round-Trip Investment; Onshore Structures; Leveraged Buyouts; Valuation Adjustment Mechanism; VAM in China's Private Equity Industry; Financial Measures; Non-Financial Redemption Measures and Stock Offerings; Stock Offering: Expiration of VAM Agreement; Challenges of VAM 327 $aExit Strategies for Private Equity Investment in China Initial Public Offerings; Initial Public Offerings in Domestic Markets; Initial Public Offerings in Overseas Markets; Trade Sales; Secondary Sales; Leveraged Recapitalization/Distribution of Dividend; Benefits of Private Equity for China; The Case for Demutualization of Chinese Stock Exchanges through Private Equity Investments; Chapter 4: Renminbi Private Equity Fund; Overview; Setting Up and Fund-Raising in China; Investing in China; Exit Options for the RMB Fund; The Renminbi Private Equity Fund; Types of RMB Funds 327 $aDomestic Limited Partners 330 $aLearn valuable lessons from the newly successful private equity players in China and explore the challenges and opportunities offered in Chinese markets The first book to deal with private equity finance in China, Private Equity in China: Challenges and Opportunities provides much-needed guidance on an investment concept that has so far proved elusive in Asia. Focusing on the opportunities that the Chinese finance market offers to private equity firms, the book shows how these firms can strategically position themselves in order to maximize success in this new marketplace. 410 0$aWiley finance series. 606 $aPrivate equity$zChina 615 0$aPrivate equity 676 $a332.6720951 700 $aYong$b Kwek Ping$0889315 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910139710503321 996 $aPrivate equity in China$91986800 997 $aUNINA