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In this joint event with AmCham's Finance and Technology Committees, we'll examine why the Special Purpose Acquisition Company (SPAC) is making headlines lately. As an investment vehicle, SPACs have already surpassed the amount they raised worldwide in 2020 with over $170B raised in Q1. Why has this structure become so popular recently?


The session will begin with a brief overview behind the mechanics of creating and investing in a SPAC. After discussing the "how," our panel of experts will examine the "why." Speakers will touch on why SPACs have become so attractive for both investors and companies. We'll discuss the pros and cons of this structure versus IPOs and private investment. Finally, we'll zoom into the China-formed SPACs to examine their depth of market compared to ones available internationally.

Agenda

3:00 PM - 3:10 PM
Registration and Networking
3:10 PM - 3:40 PM
The Mechanics of SPAC Explained
3:40 PM - 4:30 PM
Behind the Hype: Expert Panel Discussion
4:30 PM - 5:00 PM
Q&A

Speakers

  • Sunny Li (Co-head of Guangdong, CICC, Managing Director& Head of Shenzhen Officeand at CICC Capital)

    Sunny Li

    Co-head of Guangdong, CICC, Managing Director& Head of Shenzhen Officeand at CICC Capital

    Mr. Li joined CICC in 2002. He has more than 20 years’ experience in finance industry. He graduated from Georgetown University with an MBA degree.

    Professional Experience
    • Founding Partner and Chief Investment Officer, HOPU-ARM Innovation Fund
    • Partner and Head of Technology Investments, HOPU Investment Management

    Investment Experience
    • Mr. Li has excellent performance in both public market and private equity investment. The total investment amount exceeds RMB 20 billion, covering various sectors including semiconductor, internet, and healthcare industries.
    • Representative investments include ARM China spin-off, Cerence, Xiaomi, Mevion and Ambrx (ADC), Gome, etc.

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  • Brett Barna (CIO and Head of Markets at Galaxy Investment Partners)

    Brett Barna

    CIO and Head of Markets at Galaxy Investment Partners

    Brett Barna manages family office capital as CIO of the Barna Family office and has managed money as Chief Investment Officer for Galaxy Investment Partners, the family office of the founder of The Fortress Investment Group (formerly listed as FIG US). There, he manages global opportunistic public / private investment team to deploy capital into businesses with sustainable barriers to entry and competitive advantages, into esoteric cash flows, and into distressed opportunities.

    Prior, Brett managed investor funds and family office capital at Moore Capital Management for seven years, starting in 2009. At Moore, he managed over $800m deployed into concentrated global public / private investments in equity, credit, liquid markets and illiquids opportunistically across the Americas, Asia and Europe. Brett generated over $1bn in P&L for the firm over seven years and, in 2011, was the youngest portfolio manager the firm had appointed.

    Before Moore, Brett was an analyst at Perry Capital and before that at the investment bank of Lazard Frères et Cie in New York. At the University of Michigan, he majored in Chinese studies, mathematics, and economics and was president of the Rugby Football Club. He currently supports several charitable foundations including The Robin Hood Foundation, Many Hopes, PANCAN, City of Hope Hospital, and Last Chance Animal Rescue.

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  • Richard Nie (Managing Partner of East China Offices at King & Wood Mallesons)

    Richard Nie

    Managing Partner of East China Offices at King & Wood Mallesons

    Richard Nie is the managing partner of East China offices of King & Wood Mallesons, a leading international law firm headquartered in Asia. He specializes in M&A, private equity / venture capital and capital market.

    Mr. Nie has advised many leading companies on their acquisitions in and outside of PRC for a wide range of industries, including automobile, financial institutions, consumer products, chemicals, telecom, manufacturing, logistics and transportation, infrastructure, retail and media. He has regularly assisted multinational companies in their operation, merger and acquisition, joint venture and other transactional matters in China.

    Mr. Nie has also represented foreign and domestic private equity and venture capital firms in their investments in China in various sectors, including highly regulated sectors such as financial services, telecom, media, internet, entertainment and education. He has advised emerging and established growth companies on their financing, acquisitions, corporate governance, stock incentive plan and restructuring. He has guided these companies from incorporation to IPO, sale, or merger.

    Richard Nie is a frequent receiver of awards from Chambers, Legal 500, Asia Legal Business and IFLR for his reputation in delivering high quality legal solutions and in deal making.

    Mr. Nie joined King & Wood Mallesons in 2006. Prior to this, he was a partner with a leading Shanghai law firm.

    He earned his LL.B. and LL.M. from the Law School of Xiamen University and a second LL.M. from Columbia Law School. Mr. Nie was admitted as a Chinese lawyer in 1997.

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  • Steven Nelson (Founder and President of Element Asia Capital)

    Steven Nelson

    Founder and President of Element Asia Capital

    20 years of investment banking experience with 10 years of merger and acquisition and capital raising experience in China.

    Completed M&A transactions primarily within the industrial, consumer, and healthcare industries.

    Provided M&A advisory services to Fortune 500 companies such as 3M and Honeywell and Chinese companies such as Fosun and Shaanxi Coal and Chemical.

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  • Mark Fischer (CEO of Eastbridge Sports Management)

    Mark Fischer

    CEO of Eastbridge Sports Management

    Mark Fischer has been building successful sports and media businesses in Asia for more than 25 years. He is currently CEO of Eastbridge Sports Management, a Shanghai-based agency providing sports marketing, rights management, and advisory services to brands, rights holders, and related entities seeking growth opportunities in China and other key markets in the region.
    Mark has recently also been appointed CEO of a special purpose acquisition company (SPAC), now in the formation process, which will target companies in the sports and entertainment industry with strong existing or high-potential growth exposure to Asian markets.
    Mark’s pioneering leadership in Asia sports marketing previously has included stints as founding Managing Director of NBA China, which he grew from a two-man startup to a valuation of $2.3 billion, and later in a similar function as EVP/MD of the Ultimate Fighting Championship (UFC) in Asia.

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Tickets

A prepayment is required when choosing 'Standard Price'.

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Member Ticket
Member Price Complimentary
Member Company Employee Ticket
Standard Price RMB 200
Door Price RMB 300
Non-Member Ticket
Standard Price RMB 500
Door Price RMB 600

Venue

AmCham Shanghai Conference Center (Xintiandi)

27F, Infinitus Tower

No.168 Hubin Road, Huangpu District
新天地湖滨路168号无限极大厦27楼

Shanghai, China

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