Afternoon Breakout – IDEATE 2: Hong Kong’s Leading Role as a Private Equity Hub

Wed 23 Oct 1:30 PM — 2:30 PM (GMT+08:00) Beijing, Chongqing, Hong Kong, Urumqi

Hong Kong has long been a global financial hub, attracting a strong presence of top international banks, hedge funds, and private equity (PE) firms. With over 80 of the world's 100 largest banks and 70 of the top 100 global asset managers operating in the city, Hong Kong has cemented its status as a premier destination for banking, asset management, and wealth management.

The private equity sector in Hong Kong is particularly robust, ranking second in Asia after Mainland China. Hong Kong-based PE firms manage over $220 billion in capital, accounting for more than 15% of the region's total PE assets under management. This thriving PE industry is a testament to the city's attractive business environment and access to capital.

But why do PE firms choose Hong Kong? What do they see as the main challenges in the next 12-24 months?

Looking ahead, the Hong Kong government has identified key sectors for development: artificial intelligence and data analytics, life and health technology, fintech, advanced manufacturing, and new energy and new materials. Will these be opportunities for PE firms to drive innovation and support the creation of new business models in Hong Kong?

Speakers

Moderator

Ms. Christine Chan

Chief Investment Officer (Asia) Link Asset Management Limited

Christine is a veteran in real estate investment management with extensive experience in listed and private equity real estate funds setup and management. Christine currently oversees asset investment of Link and new market development in Asia. Christine is one of the responsible officers of Link REIT and a member of Group Steering Committee of the company. Christine worked with Harvest Capital Partners and ARA Asset…

Speaker

Mr. Calvin Chou

Managing Director, Head of Asia Pacific Invesco

Calvin Chou is a Managing Director and the Head of Invesco Real Estate in Asia Pacific. Calvin joined Invesco Real Estate in 2015. Prior to Invesco, he was the Head of Morgan Stanley Real Estate Investing (MSREI) for Greater China and Southeast Asia since 2006. Calvin began his career working for Morgan Stanley from 1998 to 2015 in New York, Singapore, Shanghai and Hong Kong.…

Speaker

Mr. Chris Heady

Chairman of Asia Pacific and Head of Real Estate Asia Blackstone

Christopher Heady is Chairman of Asia Pacific & Head of Real Estate Asia. Mr. Heady is based in Hong Kong and is responsible for the day-to-day management of the Real Estate group’s investment activities and personnel in Asia. Mr. Heady joined Blackstone in 2000 and has been involved in a variety of real estate acquisitions and initiatives in the U.S., Europe and Asia.

Speaker

Mr. John Pattar

Partner & Head of Real Estate Asia KKR

John Pattar (Hong Kong) joined KKR in 2018 and is a Partner and Head of KKR's Real Estate business in Asia Pacific. He oversees all aspects of the firm’s Asia Real Estate business including the investment strategy, asset management and fundraising of KKR’s Asia Real Estate opportunistic fund series, as well as the firm’s Asia Core Plus Real Estate strategy. Mr. Pattar is a member…

Speaker

Ms. Claire Tang

Co-Chief Investment Officer, Asia Pacific & Head of Greater China LaSalle Investment Management

Claire Tang is the Co-Chief Investment Officer for the Asia Pacific region and Head of LaSalle’s Greater China business. She is responsible for managing acquisitions, development management, and asset management teams in Greater China and is also responsible for overseeing investment decisions in the Asia Pacific region on behalf of LaSalle managed funds and separate accounts. Claire is a member of LaSalle’s Asia Investment Committee.…