Legal Issues Of Private Equity Fund Limited Partnership

The decision of certain major issue about deepening reform comprehensively of theThird Plenary Session of the eighteen Central Committee of Communist Party of Chinapointed out that we need to improve the financial market system, improve the multi-levelcapital market system, promote the reform of the stock issuing registration system,promote equity financing by multi channels. Development of this new industry of privateequity funds plays an indelible role in improving the financial market system, enrichingfinancial products, effectively solving the small and medium-sized enterprise fund shortageproblem.The form of limited partnership can effectively promote the rapid development ofprivate equity funds. Private equity fund limited partnership in China has just started, theimperfect legal system has caused many problems of its establishment and development. Ichoose the limited partnership private equity fund as the object, which has the profoundsignificance to make up for the deficiency of existing academic theory research. At thesame time, the legal countermeasures and suggestions at the end of this paper related to theformation of limited partnership private equity fund also has very important practical value,providing the beneficial reference for the legislation of our country department legislationand administrative law enforcement departments.Firstly, this thesis analyzes the connotation、the limited partnership private equity fundlegal characteristics and advantage of system, lying a more profound and comprehensivetheoretical basis in improving the legal system of limited partnership private equity funds.Secondly, this paper makes an objective description and finishing on the current legislationof limited partnership private equity funds. Thirdly, the paper makes a comparison of legalsystem of limited partnership private equity funds between England and America using theresearch methods of comparative analysis.Finally, the paper puts forward some suggestionsto improve our limited partnership private equity following some basic principles based onthe legal problems of limited partnership private equity funds. Although the study is morefocused on the theoretical analysis, but the specific countermeasures and suggestions of theLimited Partnership Private Equity Fund has a certain significance.