香港有限合伙基金设计

75% Investment in KSA

35% Fund Size ($52.5M) - FDI

A Limited Partnership Fund in HK (LPF)

Responsibilities

25%

R&D Center / Regional HQ / Manufacturing Plant in KSA

KSA investee companies

A joint venture in HK act as the GP

Hong Kong GP

Chinese provincial government fund

R&D Center / Regional HQ / Manufacturing Plant in HK

LPs

80% by Hong Kong GP

20% by Saudi GP

$32M anchor investment from HK government

$19M from Chinese provincial government fund & global investors

65% Fund Size ($97.5M) - raised from KSA

Anchor investment from HK government ITVF

From Saudi family offices

$1.5M from CICC

HK investee companies

Hong Kong law stipulates that an LPF can only have one GP. The Hong Kong GP and the Saudi GP establish a joint venture (JV) in Hong Kong to act as the solo General Partner for the new fund. The GP (JV) does not need to be licensed in Hong Kong. The Hong Kong GP is appointed as the investment manager because it holds a fund license in Hong Kong.

Funding and granting intellectual property & exclusive operational authorization in GCC market

Global investors

$1.5M from SNB group

Saudi GP

Funding and granting intellectual property & exclusive operational authorization in GCC market

25% Investment

100% Fund Size $150M (Hard cap $300M)

will invest on terms no more favorable than those of the Fund

Saudi JV partnersor co-investors