Case Analysis Of Limited Partnership Fund Operation Of China

Limited partnership has a long history in foreign countries.It’s already become one of the most popular organization forms of the foreign private funds because of its strong financing ability and other inner advantages.Until the "partnership enterprise law" revised in2006,the legal status of limited partnership was recognized officially.Limited partnership funds is developing rapidly in recent years. But there are still some problems in progress. Information asymmetry and non-standard operation are still exist.There are some funds are even unable to be honest. The bad phenomenon also results in the decrease of LP participation, and hindered the development of the limited partnership funds.This article takes Ningbo Y Limited Partnership Debt Fund for example to make the thorough research to the operation of limited partnership funds in our country.By discussing its operation process, provide reference and experience for reference for fund managers, and analyses the feature and risk of the Ningbo Y limited partnership debt fund to enhance the understanding of a limited partnership fund investment, and verify whether the advantages described in theory.The last, find the problems existing in the operation of the limited partnership funds, and put a proposals forward.The value of this paper is that the research is based on the actual case,to find and solve practical problems.It’s practical and operable.The conclusion of this article is the limited partnership funds do have strong financing ability in actual operation.It is set up succinctly.lts decision-making is flexible and efficient. It’s incentive mechanism is effective.But there is information asymmetry and its constraint mechanism is not necessarily effective.So we should solve the existing problems through three aspects which are market regulation, fund management and investor in order to promote the development of limited partnership fund.