Study On Regulation Of Private Equity Fund In China

Private equity fund is one of investment funds, issued security to establish with an non-public manner. Organized possiblely in three forms of company, partnership or trust, obtain and exercise the share of unlisted companies through equity investment, thus affecting their business activities, promote the rapid development of enterprises, achieve a profit by through the equity transfer when the Enterprise development to a certain extent. In the very "Chinese characteristics" of private equity investment fund industry, the phenomenon of "market failure"and" government failure" does not eliminate, also need to strengthen regulation of private equity investment.In the process of British and American private equity funds development, Gradually improved their respective laws and regulations, the number of investors from the norm, the qualifications of investors, private equity distribution and advertising, private resale law, fund managers and other relatively complete legal status monitoring system, And as the market development and continuous improvement, industry associations, private equity investment market as the main activity for the realization of self-regulation to provide an effective mechanism, through the self-regulatory body for the industry, maintaining the industry itself and the interests of investors, and promote public The Benefits.At present, China's private equity fund regulation is not mature, the regulatory role is not clear, confusing regulatory system, regulatory legal system is not perfect. To improve the private equity funds government supervision, China should learn from the practice of private equity funds take a relatively relaxed attitude of the regulatory legislation, while the establishment of the national Association of equity investment funds, private equity funds to strengthen the industry self-regulatory organization.