Limited Partnership Private Equity Fund The Legal System Research

Private equity funds as a new way of investment, for our country’s capital markets have played an important role in financial innovation. A limited partnership is the most effective form of private equity funds. For a long time for corporations in our country, greatly hindered the development of private equity funds. Native type of the limited partnership private equity fund in China has just emerged, is still in its infancy. The author choose limited partnership as its object of study for improve the efficiency of private equity funds, private equity funds in our country’s health, vigorous development has important theoretical and realistic significance.This paper except the introduction and conclusion parts, mainly divided into four parts:The first part:overview of the partnership of private equity investment fund of our country. This part mainly from the content of private equity investment fund, the present situation and development trend of three aspects in this paper. Connotation of private equity funds and public funds, private equity funds and investment firms distinguish to define of the concept.Should be clear is the trend of the development of private equity investment fund in our country is in the form of a limited partnership private equity funds.The second part:the partnership of private equity investment fund in our country legislation status and existing problems. Legislation present situation from the "partnership enterprise law" the relevant regulations, department regulations and the relevant provisions of the state council and the local legislation in the three aspects to illustrate. Problems existing in the legislation of private equity investment fund in our country there are lack of qualified investors legislative definition, lack of qualified general partners, information leakage exit a mechanism system is not perfect, the single and lack of effective supervision.The third part:simple introduced the United States, Britain, the organization form of private equity funds. This part USES the method of comparison analysis to the United States, the UK legal system of limited partnership private equity funds. Finally, based on China’s national conditions provide useful experience and enlightenment. The fourth part:to perfect our limited partnership private equity fund legislative Suggestions. This part is our country limited partnership private equity fund the problems existing in the corresponding Suggestions are put forward. This part mainly from the limited partnership private equity fund investors, the general partners, information system, exit channel, leakage regulation to perfect idea is put forward.