Family Offices Summit 2013

Date: Tuesday November 5, 2013
Time: 9:00am – 5:30pm
Venue: The Peninsula Hotel, Hong Kong

Asian Private Banker’s third annual Family Offices Summit was held at The Peninsula Hong Kong on Tuesday November 5, 2013. This year, the keynote addresses were delivered by Kenneth D. Taylor, former Canadian ambassador to Iran during the 1980 hostage crisis, and Hyeonseo Lee, a North Korean defector and refugee. Telling stories of trials, tribulations, and triumph, both heroes captivated the annual gathering of family members, single family offices and multi family offices in a day that focused on the past, present, and future complexities of the international community.

Shedding light on Ben Affleck’s critically acclaimed film, Argo, Ken Taylor revealed the truth behind the Iran hostage crisis – how he actually helped the six Americans escape – and spoke on the inter-connectivity between the Middle-East and Asia. Hyeonseo Lee retold her own story of escape – a harrowing and daring journey from North Korea. Finding out that even the world outside the Hermit Kingdom is not safe for North Koreans, Hyeonseo started work on spreading awareness for refugees. She supports Liberty in North Korea (LiNK) a non-profit organisation that helps fund the rescue operations of her people.

Kenneth D. Taylor, Former Canadian Ambassador to Iran

Ken Taylor risked his life to help save the lives of six American hostages during the Iran Crisis, a story which was re-told in the blockbuster film Argo, directed by Ben Affleck. Taylor’s experience as a former diplomat and as an advisor to corporations on issues of political risk, international marketing and strategic accommodation, make his presentations insightful and relevant to a wide variety of audiences. Taylor’s service as a diplomat in the Canadian Foreign Service also involved trade development responsibilities in Guatemala, Detroit, and London; foreign-aid-related matters in Pakistan; crisis management in Iran; and as the former Canadian Consul General, the enhancement of Canada’s image in New York. Taylor was portrayed by actor Gordon Pinsent in the movie Escape from Iran: The Canadian Caper and, in recognition of the 30th anniversary of the legendary story, by Victor Garber in Argo. Author Robert Wright also detailed the account in his book, Our Man In Tehran. For his work as a diplomat, Taylor received the United States Congressional Gold Medal and the Order of Canada.

Since his resignation from the Foreign Service in 1984, Taylor has worked extensively in the private sector. He has served as a board member of a range of companies in Canada, the US, and Mexico, and has provided counselling services to a wide range of clients.

Hyeonseo Lee, North Korean Defector & Refugee

Hyeonseo Lee is a North Korean refugee living in Seoul, South Korea. She’s currently an undergraduate student at Hankuk University of Foreign Studies majoring in English and Chinese, a Young Leader at the Center for Strategic and International Studies and a member of Premium Speakers. Hyeonseo spends much of her time speaking about North Korean human rights and refugee issues, including a speech at the British Embassy in Seoul, and has personally met public officials like UK Deputy Prime Minister Nick Clegg and the South Korean Minister of Unification, Yu Woo-ik, to discuss these issues. In February 2013, she gave a TED Talk that has already surpassed two million views. Hyeonseo has written articles for the Wall Street Journal Korea Real-Time, the London School of Economics Big Ideas blog, and worked as a student journalist for the South Korean Ministry of Unification. She has also been interviewed by the BBC, CNN, CBS News and numerous other television, newspaper and radio outlets spanning over 10 countries throughout the world. She is currently writing her memoirs as well as another book with female North Korean refugees living in South Korea, and hopes to start an organization in the future to help North Korean refugees.

Vincent Duhamel, CFA
Head of Asia
Lombard Odier

Vincent Duhamel is the Head of Asia for Lombard Odier, responsible for Asia Pacific and Japan.

He joined the firm from one of the largest family offices in Asia where he served as CEO. Prior to that, Vincent was a Managing Director at Goldman Sachs in Hong Kong serving as Head of Asia ex-Japan for their
Asset Management and Global Official Institutions business. He moved to Asia in 1997 as the Chief Executive for Asia and a member of the Global Executive Committee of State Street Global Advisors’ business. During that
period, Vincent was one of the key architects behind the market intervention and disposals of assets by
the Hong Kong Monetary Authority, in addition to being the project manager in assisting the Social Security
Fund of China to develop its investment processes and policies.

Vincent has been actively contributing his expertise via public duties. He is a member of the Operations
Oversight Committee (OOC) which is a part of the Financial Reporting Council, Hong Kong and Advisory Committee of Securities and Futures (SFC). He has also served as a CFA Institute Governor from 2000 to 2008 and served as Vice Chairman and Chairman of the Board of Governors in 2006 and 2007 respectively.

Helen Carty
Partner, London
Clifford Chance

Helen Carty is a commercial litigator, specialising in disputes involving financial institutions and regulatory investigations and disciplinary proceedings Helen’s recent litigation matters include acting for banks and other institutions defending misselling claims, advising an off shore trust company on issues in relation to distribution of trust assets, acting for banks in relation to disputes arising under swaps and other industry standard documentation and coordinating and managing litigation for clients in a variety of overseas jurisdictions.

Maxine Mossman
Partner, London
Clifford Chance

Maxine Mossman is a partner in Clifford Chance’s litigation group in London and has significant experience in
international commercial litigation. She is active in the firm’s wealth and asset management sector, with a
focus on contentious trusts and estate matters. She has acted for a variety of clients including trustees,
protectors and beneficiaries in relation to a broad range of disputes arising out of trust and succession
issues, and has handled cases in England, Cayman, Jersey and BVI. She has substantial experience of restructuring trusts, court approved variations and family-wide agreements. She also advises on funds
litigation.

Maxine speaks at conferences in Europe and throughout the world on trust litigation issues.

Paget Dare Bryan
Partner, Hong Kong
Clifford Chance

Paget heads the derivatives and structured products practice in Asia Pacific. He specialises in OTC and exchange traded derivatives and other financial market products as well as advising on financial market regulation. Paget also has extensive experience of structured transactions, credit and equity derivatives, commodity transactions and commodity derivatives and repo and securities lending. He also advises regularly on credit risk management, custody, clearing, collateral and netting issues as well as private banking matters, and regularly speaks on Asian and PRC derivatives and financial market issues.

Robert Petty
Managing Partner & Co-Founder
Clearwater Capital Partners

Robert Petty is Managing Partner and Co-Founder of Clearwater Capital Partners and is a member of the Firm’s Investment and Management Committees. Since founding the Firm in 2001, Mr. Petty and his partner Amit Gupta have utilized their backgrounds in credit-oriented investment strategies and invested profitably across cycles, sectors and geographies building an Asia-focused business that today is one of the largest credit investing firms in the region. Over his nearly 30-year career, Mr. Petty has focused on investing in Asia-dedicated special situations and credit investments, including turnarounds, restructurings, stressed credits and distressed-for-control transactions. Mr. Petty’s principal responsibilities encompass portfolio management, origination and overall management of the Firm. Prior to founding Clearwater, Mr. Petty held senior positions at Amroc Investments LLC, Peregrine Fixed Income Ltd. and was with Lehman Brothers Holdings, Inc. for thirteen years. Mr. Petty sits on the Board of four Clearwater portfolio companies and also serves on the Boards of two non-profit organizations, Th e Emerging Markets Private Equity Association (EMPEA) and EngenderHealth.

Max Buirski
Director & Co-Founder
Asian Sky Group

Max Buirski is a corporate vice president of SEACOR Holdings Inc., with responsibilities for the Asia Pacific region. Max joined SEACOR in 1998 and has served in a variety of roles throughout the Company’s operations in the United States, Europe, the Middle East, and Asia. He has extensive experience in the areas of corporate finance and capital markets, logistics and support operations for the oil and gas industry, and fixed wing and helicopter leasing. Max is a Director of various SEACOR subsidiaries and affiliates, including Asian Sky Group, Avion Pacific, Hawker Pacific, DART Helicopter Services, SEACOR Commodity Trading LLC and SEACOR Capital (Asia) Limited.

Jeffrey Lowe
General Manager
Asian Sky Group

Jeff has over 30 years of Engineering, Marketing and Sales experience in commercial and business aviation. Based in Hong Kong since 1997, Jeffrey specializes in the Greater China business aviation market. He first came to Hong Kong as a director of sales for Asia-Pacific for the Bombardier Aerospace Business Aircraft Division. In May 2000, he was appointed regional vice president of sales for North Asia, including the Philippines, by Gulfstream Aerospace Corporation. Jeff rey joined the recently formed Business Aviation Asia (“BAA”) in 2007 where he was responsible for establishing and expanding its managed aircraft business, plus aircraft sales, marketing and project development. Under his direction, BAA’s managed fleet grew to over 30 aircraft in service, notably 22 aircraft in 2011, with most registered and based in Mainland China. Prior to Hong Kong, Jeffrey worked in commercial aviation for the de Havilland Aircraft Company of Canada, Boeing Canada, Boeing Commercial Airplanes, the Canadair Regional Jet Division and Bombardier’s Regional Aircraft Division. He began his career as a ground test engineer and then moved into marketing and sales internationally in Europe, the Middle East, Africa and Asia.