Research On Legal Regulation Of Private Equity Fund In China

China’s private equity funds has develoPEFd very fast, the private equity funds’oPEFration is also faced with the vacuum of the legal regulation despite the rapiddevelopment of it, it is largely restricted Chinese private equity funds and the financial market.The2008financial crisis triggered a new round of international academic research aboutfinancial regulation of PEF, The theory and practice of domestic also discuss about how tocarry out effective regulation of private equity funds. This paPEFr is based on thedevelopment history and regulation conditions of China’s private equity investment funds,contracted with foreign private equity investment fund regulatory exPEFrience of develoPEFdcountries, our country faces dilemma and problems due to the development of no laws, thisarticle puts forward some countermeasures about legal regulation from the macro regulatorymode To the sPEFcific legislative and regulatory measures. In order to protect investor’sinterests as the starting point, from the clear idea of regulation and regulatory measures,improve the information disclosure system and other asPEFcts, and puts forward somesuggestions on the legal regulation of private equity investment funds.This paPEFr has four parts: first, started in the basic theory of private equity investmentfunds, and make a brief discussion about the concepts and the characteristics, the main formof organization of private equity investment funds are also be introduced. Secondly, describethe content of the private equity fund in detail. there are almost three asPEFcts of the content:necessity of the suPEFrvision; the definition of private equity fund and the goal of PEF’ssuPEFrvision.Thirdly, and the existing problems were introduced, our regulation is mainlyreflected in some laws and regulations, in general in China private equity investment fundsregulation is very lack, lack of clear system of regulation departments. The main flaw of legaland regulatory bodies, confusion, unclear authorities, the lack of funds managementqualification, qualified investors the existence of deficiencies, lack of information disclosurerequirements etc.. Fourth, put forward some suggestions to how to PEFrfect the legalregulation of private equity funds in China, mainly including the following asPEFcts:(I) toPEFrfect the legislation of private equity funds in china.(II) on the choice of the regulationmodel, the combination of government regulation and industry self-discipline is more suitablefor China.(III) improve the qualified investors, mainly includes three asPEFcts: the number of investors, individual investors, institutional investors.(IV) establishing funds managementqualifications of private equity investment.(V) improve the information disclosure system.