GPCA and the Middle East Venture Capital Association (MEVCA) will host an investor training on Private Funds: Hot Fundraising Terms, Conditions and Trends, with Mara Topping and other partners from DLA Piper examining trends and important considerations in fund formation.
Topics will include:
What do fund terms and conditions look like in the current environment and how they are changing?
What structures are being used in the region to raise and deploy capital? What are the opportunities and challenges inherent in these approaches?
An interactive negotiation scenario, as well as opportunities to ask questions of the speaker faculty and discuss topics with industry peers.
Monk’s Hill Ventures and Vietnam Investments (VI) Group invested in ELSA Speak, a Vietnam-based mobile application that utilizes machine learning, artificial intelligence and advanced speech recognition technology to enhance English communication skills. Both firms were eager to support Vu Van in her efforts to help fellow non-native English speakers improve their pronunciation using AI technology.
With Monk’s Hill and VI Group's support, ELSA expanded globally. Downloads increased in Thailand, Japan, Indonesia, India and Latin America. ELSA’s workforce has grown significantly, from 16 employees in March 2018 to over 230 as of May 2024. Over half of ELSA’s full-time employees and managers are female. Van is committed to promoting diversity in recruitment, ensuring a well-represented applicant pool across gender lines before making hiring decisions. ELSA partnered with several corporations to upskill their employees in English conversation and pronunciation, offering scalable and cost-effective solutions.
Other participants include: Aware Super, Soros Economic Development Fund, CPP Investments, Ceniarth, L Catterton, Lightrock, Siguler Guff and StepStone Group.
A GPCA Members Reception, co-hosted by Debevoise & Plimpton, will be held the evening prior, on 18 November, for GPCA Members, global institutional investors and other invited guests.
