Adam Roseman Online

Adam Roseman was a panelist speaking on RMB Funds’ exit strategies at the recent 2010 China RMB Funds Forum in his capacity as ARC China MD and founder.  It is ARC China that has launched six public-private joint equity RMB funds so far.  The firm has also joined forces with The Westly Group (a venture capital firm) and local governments to set up funds in Tier II and Tier III cities in the hope of supporting and developing the local economies.  In this capacity it aims to “conduct due diligence, market analysis, transaction negotiation, corporate governance advisory for portfolio companies, and thorough analyses of exit opportunities to determine the suitability of potential enterprises.”  Roseman asserted that: “It is important for PE funds in China to develop a multi-strategy exit approach to their portfolio companies.  While historically most PE portfolios in China have focused on a small number of portfolio companies providing the overwhelming return to their LPs through A-share listings, this is not healthy or sustainable over the longer-term.”