China-ASEAN Fund on Investment Cooperation2009.10.21
-?What kind of Fund the China-ASEAN Fund on investment cooperation is?Private Equity Fund
What is the mission of this Fund?
To provide funding support to the economic and technical cooperation between Chinese and ASEAN businesses by way of equity and/or quasi-equity financing.
?This Fund is political or market oriented?
Political background, fully market-oriented operation.
What is the size of this Fund?10010 Intended ultimate size USD 10 bln,Initial targeting USD 1 bln.
?Which country/area this Fund will involve in?Focus on ASEAN member countries & bilateral cooperation projects.
10? What is the business scope of the initial Fund? Invest in but not limited to transportation facilities, public works, tele networks, energies and resources.
?Which area the subsequent funds will invest in?
Possibly include manufacturing, services and/or other sectors as warranted by the need of cooperation between Chinese and ASEAN businesses.
The inital Fund will focus on those projects with steady cash flow.What knid of projects this fund wil be interested to invest?
Typically acquire minority interests although majority interests shall be permitted in special cases.What kind of role this fund will be played in projects investment?
? What is the ceiling investment size of this Fund?20%
20% of the initail fund size.
How to exit?IPO,Buyout, buy-back etc.
?Where this Fund will be registered in?HongKong
?Who is the pricipal sponsor?The Export-Import Bank of China
? Who can be the investors of this Fund?The Fund will open for investment by businesses and financial institutions from China, ASEAN members as well as other countries (areas).
?Who is going to manage & operate this Fund?
Operated by management company in due respect to market principals by industry recognized investment professionals with good truck record.
? What kind of qualification the management team should be owned?Industry recognized investment professionals, deep understanding in ASEAN countires with good truck record.
?When this Fund will be set up?The end of this year
? The situation of the Fund raising?
The initial fund raising is nearly closed.
?Who is in charge of the projects colection?Any investment approsal can apply to the management company.
30 100031 +86 10 8357 8438+86 10 8357 [email protected]
Any comments, enquires or suggestions are warmly welcomed! The attention of:Ms. Li, FangThe Export and Import Bank of ChinaAdd:30, Fuxingmennei Street, Xicheng District Beijing, 100031, ChinaTel:+86 10 8357 8438Fax:+86 10 8357 8443Email: [email protected]