Lei GAO Attended “The 6th China Limited Partners Summit 2013”
On May 24th, “The 6th China Limited Partners Summit 2013 and Zhejiang Private Wealth Management Center Promotion Meeting” was held by Zero2IPO Group in Hangzhou.
As China’s highest-end fully enclosed type limited partners summit, the host invited capital managers and wealth successful men from social security funds, insurance funds, pension funds, enterprise annuities, college funds, FOFs, government guide funds, VC and PE funds, investment banks, listed companies, private capitals, etc. to conduct deep sharing and discussions by focusing on segmentation topics. In total over 400 guests from China and overseas LP core groups and excellent GP institutes attended this summit.
On the forum, Jiuding Capital partner Lei GAO delivered a topic speech. Lei GAO said in the speech that the “picking up money” time of PE industry has passed, and PE industry will gradually regress to the fundamentals of “investment” in the future featuring gradual increase of industry concentration, profit model transferring to value increase of the enterprise, and investment model transforming from investment by equity to M&As and VCs. The trend of industry integration will drive PE industry to accelerate transformation and meet new development opportunities.