Research On The Cooperation Model Between M Bank And Private Equity Fund

Since The Commercial Bank system in our country being at the transforming period nowadays, Private Equity investment fund, brings great opportunities to them undoubtedly. At first, with the development of China’s capital market is increasingly perfect, the direct financing has been playing a more important role,enterprises have transferred to a "disintermediation"state. This makes commercial bank whose main profit resource is lending to strengthen the business transformation,seeking breakthrough of intermediate business. However, as one type of high profit business, private equity investment has attracted a large number of investors to participate in. Commercial bands as important financial institutions, of course, can not miss this opportunity to share high profit. Therefore, China’s commercial banks developing private equity investment business is actually a kind of financial innovation, the purpose is to widen their business scope, look for new profit growth point, and try to avoid the policy restrictions bypassing the regulatory. Secondly, for the private equity investment fund, financing, investment projects and the selection of screening out of the channel are very crucial, meanwhile, commercial banks have just got a large number of customer resources and idle funds to raise money, and also have a great deal of investment projects in small and medium-sized potential enterprises. Thus, commercial banks and private equity investment funds formed a good relationship of cooperation, seeking cooperation opportunities with each other. Nevertheless, in our country by the constraints of related policy, commercial banks can not directly engaged in investment of the enterprise and the non-bank financial institutions. But many banks have been exploring various mode to bypass policy restrictions, to intervene in the private equity investment business. This article is a study from such a situation.This study combines the experience of domestic and foreign commercial banks carryingg out the private equity investment and China’s actual situation of M bank, introduces the main mode of China’s commercial banks and private equity investment fund cooperation at present systematically, mainly including the circuitous direct type, cooperation type, indirect type, innovative etc. On this basis, this paper explores current commercial banks adopt different business models, on the other hand, introduces the specific business model of M bank and PE cooperation. Through introducing the M bank case analysis, we clarified both benefits and risks brought by the commercial banks of China and PE cooperation.This paper has launched some relevant literature review of domestic and foreign commercial banks and private equity investment fund business, explains the theoretical basis and the sustainable development theories of Commercial Bank of Commercial Bank of our country with cooperation of PE, combined with China’s commercial banks and PE business cooperation present situation and the main mode, taking M bank as an example, introduces the specific analysis of revenue and risk of corporation of M bank and the PE business, and summarizes several main enlightenment to our country commercial bank and PE business cooperation, then draws some relevant conclusions finally.