• *FULL* Share Placements and Rights Issues

    Hong Kong as an international financial hub has various ways for companies to raise capital after listing. Share placements and rights issues have continued to be popular this year for listed companies as a cost-effective means to raise funds. Deciding which method is most suitable for your company is important. This course will examine advantages and key success factors of these methods.

    01 Dec, 2017

  • *FULL*An Introduction to Initial Public Offerings on the Hong Kong Stock Exchange

    There have been a sleuth of IPOs on the Hong Kong Stock Exchange where companies are raising capital. Understanding the legal and regulatory requirements in order to achieve a successful listing is crucial. This course provides an overview and practical guidelines in relation to the legal and regulatory aspects of an IPO in Hong Kong.

    25 Aug, 2017

  • A Conversation about Equity Derivatives and Documentation

    Equity derivatives is one of the most important OTC derivative asset class in the Asia Pacific region. This course introduces the common structures involving and the basic building blocks making up these products as well as practical issues and concerns market participants face.

    Although the global notional amount outstanding of equity derivatives is smaller than interest rate derivatives or FX derivatives, at approximately USD 6.5 Trillion as of December 2018, its importance to financial markets should not be underestimated. This course requires no previous knowledge of equity derivatives.

    27 Mar, 2020

  • All About Private Equity Management Fees and Expenses

    This seminar will help private equity (PE) fund managers on the disclosure issues and conflicts of interest associated with fund fees and expense allocations. We’ll discuss best practices in administration and reporting that will help you with investors’ due diligence.

    Findings from examinations of PE advisers revealed that the most common deficiencies were related to fees and expenses charged by managers of portfolio companies. Specific deficiencies included payments to consultants, shifting expenses during the fund’s life, allocation of expenses and hidden fees.

    Global regulators continue to focus on fees, expenses and conflicts of interest inherent in the PE manager role. Fund managers who fail to properly disclose fees, expenses and conflicts of interest to their investors not only fail to get funded, they are subject to substantial fines and disciplinary actions. We’ll discuss case studies designed to provide guidance to fund managers regarding practices to avoid, and best practices for full disclosure.

    In reviewing current or prospective fund investments, your prospective investors will question you about fee and expense allocations. Funds that do not satisfy investor questions or concerns face the risk of enforcement activity and potential investor litigation.

    Mr. Peterman will discuss fund fee and expense allocation deficiencies and the specific practices identified as problematic. He will also discuss best practices for reporting fees and expenses and due diligence for investors evaluating current and prospective investments.

    02 Apr, 2019