The world's top private equity investment summit, SuperReturn China, was held in Beijing, from May 6, 2019 to May 9, 2019, and hundreds of world-renowned investors and investment firms from all over the world gathered in Beijing. The focus of the summit was on issues such as China's innovation and development under the new norms of opportunity and risk, the international capital investment ideas, the changing trends in fund allocation strategy, the relationship between LPs and GPs, and fund-raising situation among many others. Oceanpine Capital was one of lead sponsors and high-profile attendees of the event.
On the first day of the main conference, Mr. Dave Chenn, founding partner of Oceanpine Capital, gave a keynote speech entitled "Perspectives from an Entrepreneur – turned Private Equity Investor". In his speech, Chenn mainly discussed that China has gradually adapted to “the emerging economic norms" after a long period of rapid development. Under the current situation, Chinese enterprises are facing unprecedented problems and severe challenges due to a rapidly and capriciously changing economic and financial environment. According to Chenn, the primary task today, is to adapt to the domestic economic transformation and find a new growth model and development direction.
Chenn proposed that at the present stage, the opportunities for domestic enterprises to achieve strong growth and gains in a short time are gradually reduced. This is due to the deepening of industrial integration, which means investment institutions will have more opportunities for mergers and acquisitions and resource integration in the future. China's market size is indisputable, but blindly estimating the size of the market will bring significant investment risks. How to strengthen the risk assessment and grasp, and look for new growth points, is the direction of sustainable successful investment. Investment institutions need to follow or even predict the pace of China's economic development and scientific and technological development in advance, so as to give enterprises more in-depth resource support in the process of enterprise development, help enterprises establish and stabilize core competitive advantages, and make breakthroughs continuously.
Whereafter, Chenn gave a brief introduction, including the team and the investment philosophy of Oceanpine Capital, and also introduced several key projects.
Source: Oceanpine Capital
