How “Reverse CFIUS” Proposal Could Impact Outbound Investments
Please join 4thly and Foley & Lardner for a panel discussion on how proposed “Reverse CFIUS” frameworks will impact venture capital investments from Silicon Valley – especially those involving investment targets in China and other global competitors.
Join our livestream on Wednesday, January 18, 2023 at 3:00 p.m. PST
Space is limited and registration is required.
From draft congressional legislation to a possible Executive Order, the potential for new U.S. Government restrictions on outbound U.S. investment in foreign countries represent a pivotal watershed for U.S. investors.
According to a January Report from the Rhodium Group, approximately 43 percent of U.S. Foreign Direct Investment in China during the past two decades could ultimately be covered by these recent “Reverse CFIUS” proposals – proposals that could ultimately represent a pivotal watershed for the U.S. and global economies.
Key topics will include U.S. Government proposals to safeguard U.S. national security, protect essential supply chains, and prevent IP and technology transfers to potential adversaries. Panelists will also discuss the Biden Administration’s efforts to strengthen the U.S. economy by channeling future capital investments into key U.S. sectors – technology, life sciences, energy, and manufacturing.
Experts on the Panel:
Crumpton Global LLC
H.K Park is a Political Risk, CFIUS Advisory & Strategic Intelligence consultant and former staff member at the US Department of Defense. He helps Fortune 500 corporate clients solve crises and complex problems with foreign governments (particularly in emerging markets such as ASEAN/Southeast Asia and markets such as S. Korea). He holds degrees from Columbia and Georgetown.
USF Center for Business Studies and Innovation in Asia-Pacific
Ker Gibbs has worked in various roles giving him broad exposure to US-China relations and business issues facing American companies operating in Asia. He has led Asia Pacific business operations for publicly listed companies, served on the board and as CEO for high growth technology companies, managed a staff of 250 people (almost all local Chinese), and successfully managed investments and large scale transactions.
Bret Waters has been in Silicon Valley his entire life as an entrepreneur, CEO, academic, and investor. Today he teaches entrepreneurship at Stanford, runs the 4thly Startup Accelerator, and coaches startup CEO’s at Miller Center for Social Entrepreneurship. He received his MBA from the Kellogg School of Management at Northwestern University.
Christopher Swift, PhD
Partner, Foley & Lardner
Christopher Swift is a partner and litigator with Foley & Lardner LLP and a member of Foley’s Government Enforcement Defense & Investigations Practice. Focusing on national security and international law, he represents clients in internal investigations and government enforcement actions involving anti-money laundering (AML), arms controls (ITAR), economic sanctions (OFAC), dual-use exports (EAR), and the Foreign Corrupt Practices Act (FCPA). Dr. Swift also represents clients before the Committee on Foreign Investment in the United States (CFIUS). He holds a JD from Georgetown, and Masters and PhD in international relations from Cambridge.
Partner, Foley & Lardner
Louis Lehot is a corporate, securities and M&A partner and business lawyer with Foley & Lardner LLP, based in the firm’s Silicon Valley and San Francisco offices. On a very short list of Silicon Valley’s and San Francisco’s leading corporate lawyers, Louis has handled some of the highest profile transactions in the tech, health care, and clean energy spaces for US and Chinese buyers in inbound and outbound cross-border deals. Louis has been recognized by peer-reviewed industry guides and leading practitioners as one of the most innovative, creative, and versatile corporate counsel. Louis has served as a two-time faculty member of Stanford Director’s College. Learn more.