Legal System Of Private Equity Fund

China’s reform and opening up three decades of rapid economic development, ourcountry is becoming more open, there have been new financial innovation into domestic,private equity fund is one of the important financial innovation. Recently ten years,private equity fund rapid development in Asia, The Chinese market is considered to bethe most investment potential market, this makes China to become Asia’s most activeprivate equity fund, one of the largest markets in the scale, especially in the globalfinancial crisis after, the developed western countries economic and financial systemwas destroyed, However, China’s economy continued stability of forward development,China’s economy is thought of being potential by investors from all of the world, TheChinese market as the world private equity fund held the ideal. As private equityinvestment scale expands gradually, for the country’s economic development is more andmore importent, Now, the private equity investment has become the third largestfinancing way after the bank loans and IPO, the national legal norms is inevitable, withChina’s series on private equity fund the laws and regulations of the policy appearingand revision, in our country in the development of private equity fund to create a goodlegal environment and investment environment, but, our country to private equity fundof the legal system is not perfect, and there are many places to be improved.This article altogether divides into five chapters, the first chapter introductionmainly introduced to choose a background and meaning, in the new century in the tenyears, private equity funds of the rapid development, has become an important impetusfor the economic development of a country, but, for the domestic legal norms is notperfect,in order to protect the legitimate interests of investors and the socialist marketeconomy the stable operation of the system of the research is necessary; the secondchapter basically introduces private equity fund related concepts and organizational form,through the contrast and other related concepts and organizational form of classifiedintroduction to learn about private equity fund; the third chapter basically introducesprivate equity fund set up a system, in the market, investors and managers as marketparticipants have very important role, the protection of the legal rights of investors andmanagers’ strict to the market economy and ensure the stable operation of the the safetyof deals to have the important meaning; the fourth chapter basically introduces privateequity fund investment process, from private equity fund of the target company selectedto investment management a series of operating procedures in the lecture, in the course of investment in the most important spread-betting protocol key research, in order toguard against the risk of the investment process; the fifth chapter basically is tointroduce private equity fund exit mechanism, exit in private equity fund occupies animportant position, out of time and exit way for private equity fund has an importantmeaning, the relationship between investors and funds to the major interests, to preventprivate equity fund appear speculation, perfect for exit mechanism is of greatsignificance.