On The Legal Regulation Of Private Equity Funds

In China, privately-offered fund funds and venture capital funds after years of development, has achieved impressive results, has also been the concern of the relevant state departments. But at the same legal status because of their absence and their non-regulatory measures in place, making the " privately-offered fund " rapid development has also brought the accompanying risks. China's legislation on the " privately-offered fund " is basically a blank, " privately-offered fund " is between facts and norms. Since China is currently in the strict sense, not really a "private fund", so for our country, what is " privately-offered fund ". It is characterized, as well as " privately-offered fund " is how does it work? China's " privately-offered fund " in the form and characteristics of what is it? " privately-offered fund " would be the existence and development of our country's economy is performing what are the effects? Mature capital markets abroad, " privately-offered fund " is how regulation and its legal status? How should China deal with " privately-offered fund " (government regulation of what is the justification)? Etc. These issues should have a clear answer.This paper, the comparative study of domestic and foreign private equity funds and institutional economics, science and application of the theory of the specific mode of operation of private equity funds and characteristics of the analysis, through the legal system for foreign private equity funds compared with the reference, China's private equity funds set the legal regulation should be based on the principle of a trust, from the private fund was set up standardized systems, promoter and administrator of the strict conditions, regulate private equity forms of organization, improve the way private equity fund private placement to determine system and standardize the flow of private equity funds, to strengthen our private equity monitoring system and risk prevention fund the legal design of several-pronged approach to establish and improve the legal regulation of China's private equity fund system.