CIPEF

CIPEF: leading the way in funding innovation

By Xiao Rong (China Daily)
Updated: 2010-06-11 07:48

The China International Private Equity Forum (CIPEF), co-hosted by Tianjin Municipal People's Government, the All-China Federation of Industry and Commerce and the Association for Corporate Growth (ACG), has been held three times. It is now the largest and most influential event focusing on the field of investment and financing in China.

Latest statistics shows that this year's CIPEF has attracted 6,300 attendees from 2,172 enterprises, 608 investment institutes and 442 intermediaries. In the previous two CIPEFs, 8,238 financing deals were reached.

Capital connection

CIPEF organizing committee has established close ties with its international counterparts, as well as set up partnerships with Chinese local governments, and federations of industry and commerce.

The former three CIPEFs have constantly improved the business model centering on speed dating, capital connection and capital transactions.

Improved environment

Tianjin International Financing Services Co Ltd (IFS) was jointly founded by the three hosting organizations before the 1st CIPEF. After the 2nd CIPEF, IFS set up branches in Shenyang and Shenzhen. Specializing in organizing conferences, facilitating transactions and exploring the market, IFS is currently the largest domestic platform offering an international standard service to clients from all over the world.

IFS built the largest domestic portal site: International Financing Services Website (www.pe-fund.com) and database system covering 43,686 enterprises, 2,271 intermediaries and 1,131 investment institutions.

It serves as an on-demand international platform for services trading, data management and financial information.

Chinese industry leaders initiated the first equity funds association in China, the Tianjin Private Equity Association (TJPEA) in Sept 2009. TJPEA, China Mergers and Acquisitions Association (CMAA) and Tianjin Venture Capital Funds Association cooperate closely in self-regulation to ensure their own efficient and smooth development.

The Tianjin Municipal Government, implements preferential policies regarding industrial and commercial registration and taxation, in order to foster a favorable atmosphere for enterprise growth and a prosperous equity investment industry.

(China Daily 06/11/2010 page18)