Hong Kong Venture Capital and Private Equity Association (HKVCA)

What Hong Kong Venture Capital and Private Equity Association (HKVCA) does

The Hong Kong Venture Capital and Private Equity Association (HKVCA) is a non-profit industry association incorporated as a company limited by guarantee under Hong Kong law, founded on November 12, 1987, on the recommendation of the Hong Kong Association of Banks' Working Party study on venture capital. It represents the venture capital and private equity industry in Hong Kong and the broader Asia-Pacific region, with 560+ corporate members that collectively manage approximately US$2 trillion in assets under management and include the 10 largest global PE firms alongside 300+ smaller PE firms, pension funds, funds of funds, family offices, and corporate associates.

HKVCA's core products and services comprise four interconnected offerings: (1) a member-driven events platform delivering 50+ annual events including flagship conferences (Asia Private Equity Forum, Greater China Private Equity Summit, Asia Venture Capital Forum, PE Leadership Forum), breakfast meetings, luncheons, and networking sessions; (2) the HKVCA Institute of Private Capital (wholly-owned subsidiary, established January 2023), which delivers the 6-module Private Equity Fundamentals Course co-hosted with HKUST Business School and offers CPT/CPD-accredited training; (3) research publications including the HKVCA Research Journal (11th issue), annual reports dating to 2000/2001, Valuation Guidelines, Corporate Governance Guidelines, VC Model Investment Documents, and regulatory bulletins; and (4) government advocacy and regulatory representation, including formal consultation submissions on tax preferential regimes and HKEx listing framework competitiveness. The organization is headquartered at Wilson House, Wyndham Street, Central, Hong Kong, and is led by CEO Joanne Yuen with a small professional team (~8–10 staff per one source; 32 per another).

Revenue is generated through three primary streams: tiered annual membership fees (Corporate Full Member HK$18,000 + HK$5,000 entry fee; Corporate Associate HK$22,000; Overseas Full Member HK$5,500; pro-rata billing across calendar year), event registration fees (e.g., HK$1,800–3,600 per PE Fundamentals Course module; HK$400–2,500 per conference), and event sponsorship from professional services firms (Ernst & Young Platinum Sponsor; A&O Shearman Legal Sponsor; KPMG; Vistra Fund Solutions). The GTM motion is event-driven and community-led: members are acquired and retained via flagship events, training programs, research access, and advocacy representation. The Board of Directors is elected from member firms, with the current Chairwoman Stephanie Hui (Goldman Sachs Asset Management) elected August 28, 2025, succeeding Rebecca Xu (Asia Alternatives).

Name

Hong Kong Venture Capital and Private Equity Association (HKVCA)

Legal name

Hong Kong Venture Capital and Private Equity Association Limited

Website

https://hkvca.com.hk

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Founded in 1987, the Hong Kong Venture Capital and Private Equity Association (HKVCA) is a non-profit industry association representing 560+ corporate members managing US$2 trillion in AUM across Asia-Pacific, delivering flagship conferences, professional education, research, and government advocacy for the private capital industry.

Ownership category

akta.pro rank

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Membership Fees: Annual membership fees from Corporate Full Members (HK$18,000), Corporate Associate Members (HK$22,000), Overseas Full Members (HK$5,500), and Overseas Associate Members, plus entry fees. This forms the primary recurring revenue stream supporting association operations.
2. Event Registration Fees: Revenue from hosting 50+ events annually including flagship conferences (Asia Private Equity Forum, Greater China Private Equity Summit, Asia Venture Capital Forum), training courses (PE Fundamentals Course modules at HK$1,800-3,600 per module), luncheons, breakfast meetings, and other professional development events.
3. Event Sponsorship: Revenue from corporate sponsors for events and conferences. Platinum sponsors, legal sponsors, and supporting organizations provide sponsorship for flagship events and training programs.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

HKVCA is a non-profit industry association representing the venture capital and private equity community in Hong Kong since 1987. It delivers tiered corporate memberships, flagship conferences (Asia Private Equity Forum, Greater China Private Equity Summit, Asia Venture Capital Forum, PE Leadership Forum), 50+ annual networking events, professional education through the HKVCA Institute of Private Capital, government advocacy, and research publications for its 560+ corporate members managing US$2 trillion in assets.

Product overview

HKVCA is a not-for-profit industry association representing Hong Kong's venture capital and private equity community since 1987. The organization operates as a unified platform offering events management, professional education, research publications, and industry advocacy services. Its core products include the HKVCA Events Platform (50+ events annually), HKVCA Membership Directory (550+ members), HKVCA Institute of Private Capital (with the flagship Private Equity Fundamentals Course), and flagship conferences (Asia Private Equity Forum, Greater China Private Equity Summit, Asia Venture Capital Forum, PE Leadership Forum). Additional offerings include the Sustainability Award of Excellence, Deal Matching Service, research publications, and VC Model Investment Documents. The organization also facilitates government advocacy and represents member interests before regulatory bodies.

Differentiator

Problem solved

Functional benefit

Products and services

• HKVCA Corporate Membership (Corporate Full, Corporate Associate, Overseas Full, Overseas Associate, Individual tiers) Tiered annual memberships providing event access, research publications, networking directory access, and advocacy services for VC/PE firms, LPs, funds of funds, family offices, and individual professionals.
• HKVCA Private Equity Fundamentals Course Intensive 6-module professional training program covering VC, growth capital, buyouts, valuation, tax, legal documentation, ESG, portfolio management, and exit strategies. Delivered at HKUST Business School with simultaneous online access; eligible for CPT/CPD professional training points.
• Asia Private Equity Forum (APEF) Annual flagship conference held at Hong Kong Convention and Exhibition Centre (HKCEC) bringing together private equity professionals for industry trend discussions and networking. APEF 2027 scheduled for January 28, 2027 at N100 HKCEC.
• Greater China Private Equity Summit (GCPES) Flagship annual summit focused on private equity opportunities and developments across Greater China.
• Asia Venture Capital Forum (AVCF) Flagship venture capital forum facilitating discussions on Asia's venture capital landscape and innovation investment.
• HKVCA PE Leadership Forum Annual leadership forum featuring operational, tax, and legal panels with industry professionals from leading private equity firms. Pricing: one complimentary pass per Corporate Full Member company; additional passes HK$1,200; non-members HK$2,500 per person.
• HKVCA Institute of Private Capital Dedicated education and training subsidiary established January 2023, providing professional development programs to professionals from financial, investment, startup, and service industries including the PE Fundamentals Course and tailor-made content for startups, universities, and financial communities.
• HKVCA Research Publications Research resources including the HKVCA Research Journal (11th issue titled 'Reconfiguring the Private Market in a Deglobalization Era'), annual reports dating to 2000/2001, regulatory bulletins, valuation guidelines, corporate governance guidelines, and VC Model Investment Documents.
• HKVCA Members Networking Events Program Program of 50+ annual online and in-person networking events including luncheon talks, members breakfast meetings, webinars, galas, and Christmas cocktails. Members Breakfast Meeting priced at HK$400 per person for HKVCA Members.
• HKVCA Deal Matching Service Platform connecting investors with investment opportunities within the venture capital and private equity ecosystem.
• HKVCA Government Advocacy and Regulatory Representation Representation of member interests before governmental and regulatory bodies, including consultation on preferential tax regimes for funds, family-owned investment holding vehicles, and carried interest, as well as listing framework competitiveness reviews.
• HKVCA Sustainability Award of Excellence Annual award program recognizing sustainability and ESG excellence among member firms, with a dedicated Emerging Manager category.

Named customers12 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered flagship, core and minor.

• Asian Venture Capital Private Equity Council (AVCPEC)flagshipStrategic or Co-development PartnerAVCPEC was founded jointly by nine regional private equity associations including HKVCA, Australian Investment Council, Japan Venture Capital Association, NZVCA, Taiwan MAPECT, China CAPE, India IVCA, Korea KVCA, Singapore SVCA, and Malaysia MVCA. It serves as a platform for Asia-Pacific information sharing, professional standards, regulatory framework promotion, and education/training development.
• Global Venture Capital Congress (GVCC)flagshipStrategic or Co-development PartnerInternational forum gathering venture capital and private equity industry leaders from around the world. Past hosts include Geneva/New York, Jerusalem, Dublin, Sydney, Rio De Janeiro, and Hong Kong. HKVCA serves as a key organizing partner. The congress examines global VC/PE dynamics and fosters international cooperation among VC/PE associations.
• Australian Investment Council (AIC)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents Australian private equity and venture capital industry in the Asia-Pacific regional collaboration.
• Japan Venture Capital Association (JVCA)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents Japanese venture capital industry in the Asia-Pacific regional collaboration.
• New Zealand Private Equity & Venture Capital Association (NZVCA)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents New Zealand private equity and venture capital industry.
• Taiwan M&A and Private Equity Council (MAPECT)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents Taiwan M&A and private equity industry.
• China Association of Private Equity (CAPE)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents China private equity industry in the regional collaboration.
• India Venture Capital Association (IVCA)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents Indian venture capital industry.
• Korea Venture Capital Association (KVCA)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents Korean venture capital industry.
• Singapore Venture Capital Association (SVCA)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents Singapore venture capital industry.
• Malaysia Venture Capital & Private Equity Association (MVCA)coreStrategic or Co-development PartnerFounding member of AVCPEC. Represents Malaysian venture capital and private equity industry.
• HKUST Business SchoolcoreStrategic or Co-development PartnerCo-host partner for HKVCA Private Equity Fundamentals Course 2026. Venue provider and academic partner for the intensive 6-day PE training program held at HKUST Business School, 4/F United Centre, Admiralty.
• Vistra Fund SolutionsminorGTM or Marketing PartnerSponsor for HKVCA Luncheon Talk on Hong Kong Government's PE and VC Funding Landscape. Provides business development expertise for fund solutions.
• Asian Financial ForumminorGTM or Marketing PartnerSupporting organization for events supported by HKVCA. Annual financial forum in Hong Kong.
• Ernst & Young (EY)coreGTM or Marketing PartnerPlatinum Sponsor for HKVCA PE Leadership Forum 2024. Major professional services firm providing support for PE industry events.
• A&O ShearmancoreGTM or Marketing PartnerLegal Sponsor for HKVCA PE Leadership Forum 2024. International law firm specializing in PE/VC legal matters.
• KPMGminorGTM or Marketing PartnerSponsored the HKVCA Fundraising Masterclass: Regulation, Taxation and Trends (August 2024). Venue at KPMG Office, 8/F Prince's Building.
• Hong Kong Science ParkminorStrategic or Co-development PartnerStartups from Hong Kong Science Park have received training from HKVCA Institute of Private Capital.
• Hong Kong CyberportminorStrategic or Co-development PartnerStartups from Hong Kong Cyberport have received training from HKVCA Institute of Private Capital.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• China Association of Private Equity (CAPE): China's national private equity industry association and AVCPEC co-founder; serves Chinese PE/VC firms with parallel events, research, and government advocacy services.
• Singapore Venture Capital Association (SVCA): Direct regional peer; national VC/PE industry association for Singapore and fellow co-founder of AVCPEC. Competes for the same marquee GP/LP members, sponsorships, and cross-border APAC mandate. <parameter name="peer_description">Direct regional peer; national VC/PE industry association for Singapore and fellow co-founder of AVCPEC. Competes for the same marquee GP/LP members, sponsorships, and cross-border APAC mandate.
• Japan Venture Capital Association (JVCA): Japan's national VC/PE industry association and fellow AVCPEC co-founder, serving Japanese GPs, LPs, and corporate venture investors with comparable events, training, and advocacy offerings.
• Korea Venture Capital Association (KVCA): Korea's national VC industry association and AVCPEC co-founder; provides parallel membership, events, research, and government advocacy services to Korean VC/PE firms.
• India Venture Capital Association (IVCA): India's apex industry body for VC/PE and AVCPEC co-founder; offers overlapping member events, training, and policy advocacy for one of the fastest-growing APAC PE markets.
• Australian Investment Council (AIC): Australia's peak industry body for private equity, venture capital, and private credit; fellow AVCPEC co-founder with an overlapping member base of global and regional GPs/LPs.

Broad incumbents

• British Private Equity & Venture Capital Association (BVCA): Established UK industry association for PE/VC; comparable model (membership, training, advocacy, research) but with a mature European member base and broader policy remit.
• National Venture Capital Association (NVCA): US trade association for the venture capital industry with a long-established membership, training, and federal advocacy model that is conceptually and operationally comparable to HKVCA.
• Invest Europe: Pan-European PE/VC industry association with comparable membership, training, and policy advocacy offerings; sets industry standards at a regional level similar to how HKVCA operates for APAC.

Regional players

• Malaysia Venture Capital & Private Equity Association (MVCA): Malaysia's national VC/PE industry association and AVCPEC co-founder; offers the same membership/events/advocacy model for a smaller, Malaysia-focused member base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/HKVCPEA
• Facebookfacebook.com/p/Hong-Kong-Venture-Capital-and-Private-Equity-Association-HKVCA-100083752880892
• LinkedInlinkedin.com/company/hkvca
• Instagraminstagram.com/hkvca.info

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hong Kong Venture Capital and Private Equity Association (HKVCA)