Research On The Development Of China Private Equity Funds In Post-crisis Era

Global finance crisis has made widespread and deep influences to the world economy development. After 21nd quarter,2009,the global economy goes through the panic era of the crisis and get into the post-crisis era. U.S.A. published the national innovation strategy and export strategy, E.E.C. put out 2020 strategy, and Russia presented the modernization strategy, Economic transformation has become the central issue of international competition. Private equity funds as a new innovation of finance and industry has played a key role in the global financial market, it not only provides a new channel to investing and financing area, but also pushes the national economy development powerfully. In many countries, Private equity funds has become the third main way in financing after bank loans and IPO. In the post-crisis era, the development of private equity funds faces new challenges and threats. It's essential to research the situations and problems of private equity funds, specially, research the positive effects in economy construction, development trends and existing problem in our country, as to explore the possible way to develop China private equity funds. The paper is aimed at the situations and problem of China private equity funds in the post-crisis era, from inner governance, outer circumstances and government function to systematic research the development of China private equity funds. The paper includes three parts:Part one is the theory foundation. It expounds the concept, development theory of private equity funds from economic theory to build the theory foundation for the whole paper.Part two is the situations and problem of China private equity funds in the post-crisis era. This part systematic studies the situations,characteristic,trends and outstanding problem of China private equity funds in the post-crisis era,to find out the crucial reasons, as to look for the possible path to develop China private equity funds.Part three is the development path and countermeasures on China private equity funds in the post-crisis era. The paper brings out four steps development strategies, also brings forward development thoughts of three main bodies developing in different ways and three aspects working together to make positive effects for the development of China private equity funds. It's from inner governance, outer circumstances and government function to systematic research the conditions and possible choices to develop China private equity funds, also brings out a series of possible solving plans.