The Conception Of Industry Fund Operational Pattern

The industry fund concept was proposed in the 1980s, but for a long time, as a result of fuzzy understanding about its connotation, and disputing about what operational pattern it should be chose, the industry fund is bogging down for a long time in our country. In the "Shi Yi Wu" plan, Tianjin will be divided into the northern economical financial center, and the Binhai area will be developed as the research and develop transformed base of the north part of our country; On September 23, 2006, at the second national trust industry session of summit forum, Dai Xianglong had published the speech about supporting industry fund development. A series of good news will promote the industry fund welcoming the recent development in Chinese.Firstly, this article has carried on the limits to the industry fund definition and its connotation. On this bias, this article compared the industry fund with the negotiable securities fund and the venture fund, in order to understand the industry fund further.Then, the article systematically analyzes the necessity and the feasibility of our country to develop the industry fund from variously obtains, partially provides the support for this article conclusion in logical.Because our industry fund and the overseas venture fund has lots of similarity in the operational pattern, therefore the article introduces and compares different fund operation pattern in varies countries, specifically includes the fund to originate, aspect and soon operational mechanism, organization form and investment direction, provides the model for our industry fund operational pattern.Finally, under the foundation of the front analyzes, the article analyzes both the good and the bad points of different fund operational pattern, and unifies the concrete national condition of our country, proposes the countermeasure of our industry fund's development, that it should act different patent according to the different development phase. Concretely to say, The establish way should choose the enclosed type firstly and then chose the open type; the organization way should chose the company type and then chose the contract type or limitedly partnership type; the fund should first come from the government department and the organization investor and then from the inhabitant invests and the old-age insurance fund; the investment direction should first choose the industry which risk slightly and income relatively stable and then choose the industry which risk bigger and income higher.