Current Trends and Drivers in Cross-border Investments
Co-organized by the HKUST-NYU Stern MS in Global Finance Program and AmCham Shanghai
The number and volume of cross-border investments have increased significantly around the world in recent years. Deals involving Chinese companies have been a major factor contributing to this trends, at a time where the slowing of China’s economic growth and the depreciation of Renminbi, have increased investors appetite for high yield capital growth.
In 2016, the value of Chinese cross-border mergers and acquisitions hit $36 billion in the U.S. and $72 billion in Europe — up from $5 billion and $13 billion in 2015, respectively. As the main motives for this expansion have been technology acquisition and expansion into new markets, it seems reasonable to expect the trend to persist in 2017.
In this seminar, Prof. David Yu, Adjunct Professor of Finance at NYU Shanghai and certified aviation appraiser will look at the current trends, drivers and lessons learnt in cross-border investments by using aviation industry as an example.
Topics included:
- Overview of cross-border investments
- Recent developments in cross-border investments
- Lessons from cross-border investments in the aviation industry
Speaker Bio
Prof. David Yu teaches the Investing & Financing In and With China class, Private Equity & Venture Capital in Asia and Emerging Markets at NYU Shanghai.
Prof. Yu is the Managing Director, Chief Investment Officer, and Co-Founder of Inception Aviation Holdings, an aviation investment and financing firm. He heads up efforts to provide investment and financing solutions and advisory services to airlines, lessors, investors and financial institutions. Prof. Yu is a recognized expert in cross border finance and investing. He is also the Executive Director Asia of IBA Group, a leading global aircraft appraisal and consultancy. In addition, Prof. Yu has extensive experience in direct investments and financing across industries globally including deal origination, analysis, structuring, financing, and senior management responsibilities.
Previously, he was the China Chief Representative, VP Asia (Head of Asia) and Executive Committee member at Libra Group, a Greek family investment conglomerate, where he was responsible for all of Libra’s Asian interests including energy, hotels, real estate, shipping and aviation. Prof. Yu was based in four continents before running Asia and founding the China business. Prior to Libra, Prof. Yu worked in investment banking with Bank of America Merrill Lynch’s Global Industries Group, where he focused on M&A, debt and equity transactions in transportation, aerospace and defense, and diversified industrials.
Prof. Yu is a CFA Charterholder and has a B.A. in Economics and Computer Science (full honors) and an M.S. in Systems Analysis and Applied Economics (Dept. of Geography and Environmental Engineering) from Johns Hopkins University. He also has an M.B.A. in general management with a concentration in finance from New York University's Stern School of Business and studied at Peking University's Guanghua School of Management and the National University of Singapore’s School of Business. He is a Fellow and Research Associate at Johns Hopkins University's Institute for Applied Economics, Global Health and the Study of Business Enterprise. He is a member of ISTAT, CFA Institute and is an International Society of Transport Aircraft Trading (ISTAT) Certified Aviation Appraiser, where he is the only independent in China and one of ~50 globally. Prof. Yu is a frequently invited speaker at leasing and investment industry conferences and has been interviewed in top industry and general publications.
Seminar Schedule
18:00 Registration and Networking
18:30 Welcome and Opening
18:45 Presentation
19:45 Q & A
20:00 End
The event is free of charge for guests invited under the MSGF Program and advance registration is required.