| Private Equity Funds(PE) from developed countries in the West is a investment norms in the form of the operation of the Fund, through the issuance of coupons to raise funds to benefit, By the experts of the investment management operating, dispersed assets of the Fund to invest in unlisted companies of different ownership, and provide value-added services, in accordance with an agreement to share the investment return on investment of financial instruments. PE typically include Venture Capital Funds, Infrastructure Investment Funds, Buy-out/Buy-in Fund, and so on.It is characterized by "polymerization of funds, collective investment; portfolio diversification risk; expert management, and to enlarge the value of".PE are one country to support and develop an important national economic ways and means, In PE come out of one hundred years, it have made important contributions for the economic development of Western developed countries, especially for the development of small and medium-sized high-tech industries . As a new means of financing ,PE for its unique financing advantage of our country will become a growing small and medium-sized high-tech enterprises, especially to solve the bottleneck of the essential means of financing for economic development in our country of strategic importance.In this paper, first of all, we Analysis of PE'S basic definition, characteristics, as well as the status at capital markets. After analysis of the United States, Japan, Israel and other countries'PE'course of development, experience and reference for our country. Analysis of the effects of PE to invest in our country of small and medium-sized. Finally, analysis the inadequacies of our country's PE, bring forward the development strategies and specific recommendations. |
