Executive Roundtable on Money Machine: A Trailblazing American Venture in China with Weijian Shan
VIEW EVENT DETAILSAn Extraordinary Tale of an American Firm’s Astounding Success in China
Exclusive for VIP Members
BECOME A MEMBER
In Money Machine: A Trailblazing American Venture in China, Weijian Shan delivers a compelling account of one of the most significant deals in private equity history: the first and only foreign acquisition of control of a Chinese national bank. Join us on Friday, May 19, 2023 from 11:00a.m.-1:00p.m., Pacific in Silicon Valley, for a private, off-the-record discussion with Weijian Shan, author of In Money Machine: A Trailblazing American Venture in China. Lunch will be served during this session.
Money Machine is the fascinating inside story of the transaction as told by the man who led it, from the intrigues of dealmaking to the complex and uncharted process of securing control by a foreign investor of a Chinese nationwide financial institution, a feat that had never before been attempted, nor has it been repeated.
Shan also describes the astonishingly successful turnaround of the institution under the control of the American firm: the clash of cultures, the growth to strength and profitability, and ultimately, the extraordinarily profitable exit from the investment. In the process, he reveals new insights into how finance operates in China’s capital system and how private equity firms can add real value to companies.
SPEAKER BIO
Weijian Shan is the executive chairman and co-founder of PAG, a leading Asia-based and focused investment firm with more than USD50 billion in capital under management. Before joining PAG, he was a partner of TPG and co-managing partner of TPG Asia (formerly known as Newbridge Capital), and a managing director of JP Morgan. He was an assistant professor at the Wharton School, the University of Pennsylvania. He also worked at the World Bank. Shan holds an MA and a PhD from the University of California, Berkeley, and an MBA from the University of San Francisco.
Shan is the author of Out of the Gobi: My Story of China and America (2019), Money Games: The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank (2021) and Money Machine – A Trailblazing American Venture in China (2023).
Event Details
This Executive Roundtable will take place in Silicon Valley. Venue details provided when rsvp is confirmed