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Oakwise Officially Joined the HKVCA and the Hong Kong LPF Association
2021-9-20
This month, Oakwise Capital Management Ltd. ("Oakwise") officially joined the Hong Kong Venture Capital and Private Equity Association ("HKVCA") and the Hong Kong LPF Association to further integrate into the field of private equity investment and promote the development of Hong Kong's Limited Partnership Fund ("LPF") system.
Established in 1987, the HKVCA's mission is to encourage a vibrant venture capital and private equity industry in Asia while promoting the role of member firms in value creation, innovation and economic development. HKVCA represents close to 480 corporate members, include 280 private equity firms across all types – including top 9 of the 10 largest PE firms as well as small VC investors.
The Hong Kong LPF Association was jointly founded by well-known asset management institutions, financial institutions and professional institutions in Hong Kong. It is the first diversified association in Hong Kong focusing on promoting and improving the Hong Kong LPF system. It aims to deepen the understanding of the LPF and attract more fund managers and investors across the world to adopt it. As a research organization, the Association will organize industry research and activities with its members, issue consultation documents related to industry development, provide policy suggestions related to industry development to the HKSAR government, strengthen communication with the government and promote exchanges and cooperation in Hong Kong's asset management industry, jointly promote the sustainable and stable development of Hong Kong LPF and Hong Kong private equity fund industry.
In the future, Oakwise will join hands with the Associations to promote the development and innovation of Hong Kong's private equity investment and asset management industry and Hong Kong's LPF system, making a modest contribution to Hong Kong's financial service industry.