SFC Licenses, Financing Methodology Uniqueness & Success Story
We have leveraged successfully Chinese models powered by applying the up-to-bottom leadership skill for our governmental projects.
network with the local project owners / employers / holders
Heritage group with its local partners, works either directly with our project owners / employers / holders, or through recognized local agents. We focus on giving them the most optimal strategic advice and legal guidance after having an in-depth understanding of many components of their projects. From the start and position themselves for success, we have no off-the-shelf “solutions”. our challenge is to find a new path for them. The objective is to have a new way of achieving a shortcut to the path for them to make an early success. They need to change their speed and trajectory when and where we need them most to do so. Although we know the shortcut breakthrough ideas might be difficult in recognizing initially, we strive tirelessly to do it just that since we do whatever it takes to get the project financing in place.
We always do the right thing for them by adapting our thinking, our capabilities, and our methodologies to their governmental projects. In other words, we take our project owners / employers / holders to compel the major project changes. Our sole purpose is that we need to create the bankable projects for them.
We only take our robust operational approach from conducting an top-down-to-bottom focus of the intrinsic value methodology with the individual country leadership of the government-to-government projects. Then, we work with their individual governmental project owners / employers / holders for the project implementation with limited downside risks.
We provide on-the-ground integrated solutions to support them every step of the way. We bridge the different perceptions and expectations among all the parties concerned to achieve a success story of Heritage Funds LPF.
We pride ourselves in selecting tailor-made project financing strategies according to the demand and needs of our project owners / employers / holders so that they could achieve their goals and financing needs at various stages during their governmental project development and implementation.
We help our project owners / employers / holders take on their biggest challenges to their individual government-to-government projects, knowing that part of their preparation requires capital. But it also requires the right mindset, building the right team, developing the right project financing models, and picking their overseas and local sub-contractors for the journey with the know-how for giving support and space to grow and learn to materialize the step-by-step for the completion of project implementation.
Our flexibility and creativity enable us to structure a solution for the most straightforward to the most complicated parameters for our project owners / employers / holders.
Our project owners / employers / holders regard Heritage Funds LPF as the trusted partner of their government-to-government projects. We play a vital role in helping them to realize their governmental project implementation into realities by offering innovative, unparalleled and to-the-point project solutions. Further more, we bring excellence in project management, backed by in-depth project financing knowhow. Together with strong connection networking and pragmatic pre and post project financing advice, it is further our advantages for the success stories of project owners / employers / holders.
By bringing and fueling breakthrough with above solutions from unique expertise, capabilities, funding tools, know-how project financing innovations, and project management, we are always committed to best interests of all the parties concerned to move our governmental projects forward.
Also, it has been an important and key factor via the top-down approach with the individual leadership of countries for our government-to-government projects to achieve our success stories since being founded in 2012.
network with the local sub-contractors appointed by the local project owners / employers / holders
To carry out the implementation of fund-raising, financing, execution, and completion of government-to-government (G-to-G), Heritage group together with our local partners always prioritize the network working with our local project owners / employers / holders, and with their local sub-contractors.
By doing so, we have achieved meeting the project budget. It leads to no cost overruns with the project completion within the time frame given by Chinese state-owned EPC main-contractor and the local project owners / employers / holders.
Strategic partnerships
We believe we serve our project owners / employers / holders best when we offer access to a full menu of investment options and capabilities. By forming strategic partnerships with Chinese and international network of our advisors and co-investment partners, we offer our project owners / employers / holders access to project financing that rounds out our expertise on government-to-government projects.
LICENSINg compliance UNDER Hong Kong Securities and Futures Commission(SFC)
Since its establishment in 2012, Heritage group most significantly has managed multifaceted different types of Limited Partnership Funds (LPF) as a General Partner (GP) and one of Limited Partners (LP).
Heritage Funds LPF has been managed by one of its General Partners Lee Kwok Wan, who works in accordance with Hong Kong Securities and Futures Commission with CE Number: AZL662 to carry out Type 9 (Asset Management) regulated activities under the Hong Kong Securities and Future Ordinance (Chapter 571 of the Laws of Hong Kong).
the Limited Partnership Fund Ordinance (Cap. 637)
Heritage Funds LPF is complied with the Limited Partnership Fund Ordinance (Cap. 637) of Hong Kong, where its limited partnership fund regime is registered in the form of limited partnerships in Hong Kong.
the Registered Fund Management Company (“RFMC”)
We also are in the process of applying for the Registered Fund Management Company (“RFMC”) license under the Securities and Futures Act (Cap.289) (“SFA”) by the Monetary Authority of Singapore (“MAS”).
OUR china capital networks
Our strength lies in our network with China capital. Heritage Funds LPF has unlocked and formulated access to a strong & consolidated, workable, and bankable, and best-in-class structure and solution for our government-to-government projects.
Heritage group always has had the privilege of working with Chinese policy banks and Chinese financial institutions, Sinosure, Chinese state-owned companies, and Chinese investors for our governmental projects.
We also have worked with international accountants, attorneys, international banks & financial institutions for our government-to-government projects apart from the financial supports from China.
Our complete turnkey solution from Heritage Funds LPF, is widely recognised among Chinese state-owned companies, project owners / employers / holders, and Chinese policy banks and Sinosure. It is accepted as loan securities to the government-to-government projects.
Our overall China connection network of contacts, is excellent.
Having the cornerstone of China capital is essential to the success of our Heritage group.
celebrated SUCCESS STORY: China money invests into kazahkstan
For example, 100,000 hectares soya agricultural farming in Kazakhstan with Chinese sovereign investors:
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By diluting the China color of Chinese sovereign funds directly behind this investment, it has achieved through the operational structure of a series of offshore companies legally. Although it looks Chinese sovereign fund investors behind it, it results in reducing the impact of the local social and political and diplomatic image as a Chinese sovereign fund investment to invest into Kazakhstan. It highlights the characteristics of viable business operational model in view of local anti-emotion against China investment to acquire the Kazakhstan agricultural farming land.
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This investment cooperation model via equity as shareholders, it works well and it is guaranteed by Kazakhstan local laws. The laws of Kazakhstan allow local companies to invest in land as the capital of the joint venture. Therefore, the special purpose vehicle (SPV) as General Partners (GP) together with its Chinese sovereign investors as Limited Partner (LP), jointly participates in the shares of this investment by having a legal ownership of this special purpose vehicle (SPV) for this agricultural farming investments. It succeeds to have an accumulated capital investment, i.e., land, equipment, seeds, fertilizers, and water irrigation systems. Its investment has been estimated at US$700 million.
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The local people are responsible to organize production, and farming implementation. The Chinese team works under this special purpose vehicle (SPV) as General Partners (GP) to provide technical support and management consulting within the “localized” operational framework.
HERITAGE FUNDS LPF
Under the fund structure of Heritage Funds LPF as the General Partner (GP) and one of the Limited Partners (LP), we are one of leading project financing service providers for “one-stop” for Chinese strategic Limited Partners (LP) under the China financing platform for our governmental projects.
The project financing is available with a committed and guaranteed volume of the off take of crude oil and LNG. It enables us having the project implementation to be done directly and professionally by EPC Chinese state-owned companies.
We work with Chinese state-owned oil companies, Zhenhua Oil Company to exchange the crude oil into a pool of fund for the on-site project implementation of our governmental projects by EPC Chinese state-owned companies. The model is workable and bankable well.
fund commitment
Heritage Funds LPF initiates and offers funds with a bridging finance for ownership of no more than 15% for project owners / employers / holders, and raise the remaining capital from other Chinese investors and Chinese policy banks, under the insurance covered by Sinosure.
We have strategic partnerships with some Chinese key state-owned corporations. Our sole purpose is to enhance the readiness and competitiveness of our governmental projects to be in the priority list under the credit line of China financing platform.
Heritage Funds LPF offers a complete range of project financing services for the management of having the lowest cost of project financing for the project owners / employers / holders.
By working with Chinese co-investors, the Chinese governmental investment agencies, and Chinese banks to restructure the non-performing loans and distressed assets for the project owners / employers / holders, it is one of the expertise areas for our Heritage group.
By taking advantage of our top level of financing networks in China, Heritage Funds LPF works into the following sectors for the project financing under the credit line of China financing platform for governmental projects:
solid shareholders with china networks
The shareholders of Heritage group via Sino Pride Investments Ltd are structured, backed and supported by Chinese prominent shareholders with investment leadership network in Beijing and its Hong Kong partners, such solid shareholders have complementary advantages.
Above method of operation about the large-scale infrastructure projects, it makes Heritage group further success with high execution efficiency. Such success is a testament to the significance and potential for the government-to-government projects along with the China “Belt & Road” initiative with the project owners / employers / holders.
