Private Equity Fund System Of Qualified Investors Research In China

Compared with the developed countries,Private equity funds in China came into being later.Lawmaking experience and practical experience of PE funds are not mature.Private equity funds and qualified investors are not clearly defined in academia so far. In this paper,I will try to grasp the essential characteristics of private equity funds and qualified investors to make the definition clear through economical analysis and legal analysis.Our country’s new Securities Investment Fund Law set rule for the concept of qualified investors. But it is still a vague concept, how to convert the concept into specific operational rules.Many people hold the view that we should create a unified standard but lack the proof to testify it.I will use historical analysis, standard analysis and comparative analysis to reveal the internal mechanism of private equity qualified investors,seek model mechanism which is suitable for China, and solve the problems.Finally,the paper comes up with new ideas of principles of qualified investors of PE funds and analyzes the problem of responsibility of violation of qualified investors of PE funds mechanism.This paper is divided into four parts:the first chapter is the legal definition of qualified investors of private equity funds.I will define the PE funds and qualified investors respectively.The second chapter is the comparative study on mechanism of qualified investors of PE funs.This paper mainly introduced the law system of the United States and the Great Britain.First of all,I will introduce the PE funds’emergence and development and find out the mechanism combining with the analysis of their laws and rules so as to provide reference of our country’s qualified investors of private equity funds mechanism.The third chapter mainly analyzes the legislative status and problems of China’s qualified investors of private equity funds mechanism. Firstly, comb the laws and rules of PE funds in China and evaluate them.Then point out the existing problems in China.The fourth chapter is the idea of building the mechanism of qualified investors of private equity funds.The first is clear principles of qualified investors of private equity funds mechanism. Secondly,summarize investors qualified of the private equity funds standard.Thirdly,integrate the relevant provisions of laws and administrative rules, to resolve their conflicts and contradictions, making it a perfect mechanism.Finally, analyze the problems of violation of qualified investors of private equity funds mechanism.It is discussed through the civil responsibility, administrative responsibility and criminal responsibility.