美迈斯律师事务所关于人民币私募基金的最新情况报告.pdfVIP

TopicsinChineseLaw AN O’MELVENY MYERS LLP RESEARCH REPORT RMB Funds: March 2011 Best Practices and Lessons Learned by O’Melveny Myers Asia Fund Formation Team* his is our third paper on the subject In a recent survey of 35 PE/VC firms Tof RMB funds. In 2007, we identified targeting China, over 30% reported the novelty and experimental nature of the that they are managing both Dollar and development, having worked on the first RMB funds. The same group indicated foreign-invested RMB fund in 2004. In that over 39% of their exits in 2010 2009, we discussed the two main emerging were on the Chinese domestic capital RMB fund structures and identified the markets in comparison with close to important trends to monitor. Now in 2011, 42% on non-China capital markets (the we assume the imperative of an RMB balance were offshore and onshore trade fund strategy and discuss best practices sales). Following this trend, over 81% and lessons learned. Refer to Tapping reported that they expect to establish an Chinese Domestic Deal Flow: Should you RMB fund in 2011.