Asia Regional Managing Partner and Head of Greater China Lorna Chen joined a panel discussion titled “Hong Kong's Limited Partnership Fund Ordinance” co-hosted by Shearman & Sterling and Hong Kong Venture Capital and Private Equity Association (HKVCA) on July 21. Together with Anson Law, Market Development Division, External Department of Hong Kong Monetary Authority (HKMA) and John Levack, Vice Chairman of HKVCA, they provided insights on the following key topics: 

• The background and key features of the Limited Partnership Fund Ordinance (LPFO)
• The legal framework of the LPFO
• How the LPFO compares to limited partnership regimes in other comparable jurisdictions used for fund formation
• Important considerations when setting up an limited partnership fund in Hong Kong

The webinar was attended by more than 140 industry professionals.