| As an innovative financing mode, private equity has globally form a huge industry which created significant economic benefit and its achievement is remarkable in the globalization of economy. Now a day, the development of private equity funds play an important role to maintain financial market stability and cultivate multi-level capital markets. China’s private equity starts late that international private equity fund entered in china in2004. After that the local private equity gained quick development of which size and performance is astounding.In our country, private equity market both have foreign private equity fund and the local RMB private equity funds. Private equity fund is a necessary consequence of the development of capital market. Although the government may put a lot attention on the PE, but the result is not perfect!The reason may have a lot possibilities. But the most crucial issue is lack the whole system. Especially lack the law of ending. So this paper try to establish the capital ending system. Accomplish the shortness, the paper aimed to figure out four problems:Firstly, knowledge about the whole private equity fund in term of the conception system and running mode has been described.Secondly, we have been figured out what the problem it was in the current situation of china capital market, and depict the basic theory of the private equity ending system.Thirdly, the author tries to introduce how the private equity runs in the development countries. Especially the American and Germany, after have been a comprehension about the private equity of the advanced capital market, we have concluded and summed up in favor of our market.Fourthly, depending on the deeply analyzed of the legal obstacles in the developing process of private equity, the author came up the own suggestions according to different exit ways. |