Private Equity Fund Exit Mode And Case Analysis

Private equity fund plays a positive role in economic development, especially in current economic restructuring and industrial upgrading stages of China, it can help to optimize the allocation of financial resources, improve the financial structure and perfect capital market system. Fund-raising, investment, project management and exit are the four main parts for private equity foud, in which, exit plays a very important role for Private equity fund, smooth sound exiting channel is private equity fund the necessary premise of development, a reasonable and effective way of exit is a private equity fund gets the key to success.Based on the exit manner of private equity fund mode as the object of study, through the analysis of the impact of private equity fund is the main factor, on various exit manner for in-depth analysis, and according to the four exit manners combining the concrete case elaborate, finally, some useful suggestions were put forward in hope to be helpful to the development of private equity fund in China. The full text of the paper in the process, the use of comparative analysis on private equity investment fund four major exit way advantages and disadvantages are analyzed, and the influence of private equity fund mode selection factors further analysis, at the same time in the research of private equity investment funds withdrawal way and case analysis process using a combination of quantitative and qualitative and the case analysis method, and the use of graphical analysis auxiliary demonstration.This paper based on case analysis main conclusions:macro-economic cycle, the environment of capital market, the financing enterprise industrial characteristics, financing operation performance for the private equity investment funds exit ways of the core influencing factors, in the exit options IPO become the first choice, but in specific out of operation, it should be according to the different situation, in the the right time to choose a reasonable way of exit.Finally, the private equity investment fund future development are discussed, and put forward the construction of multi-level capital market system, perfect law laws and regulations policy environment, create effective intermediary service system in the three points to improve the private equity fund link proposal.