sponsors

The SFC’s recommendation to clarify criminal liability for sponsors will likely keep bankers on their toes, while the reforms are intended to maintain investor confidence in the city’s IPO market.

John Fadely, a funds partner at Clifford Chance, sheds light on recent private equity fund offerings that are denominated in renminbi and discusses the role of the sponsors.

European and US fund managers are used to having their business structure and investment process examined by fiduciary risk rating agencies, but it seems such demand does not exist in Asia.