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Present Situation And Suggestions Of Private Equity Investment Development In China

Posted on:2016-10-28Degree:MasterType:Thesis
Country:ChinaCandidate:S C FangFull Text:PDF
GTID:2309330464460449Subject:Finance
Abstract/Summary:PDF Full Text Request
In recent years, the rapid development of private equity funds is a major focus of the international financial markets, becoming the bank credit and capital markets, the third largest financial market players. The private equity fund the rapid development of China has become the world’s most dynamic emerging market PE.The problem of financing difficulties of small and medium-sized enterprises is one of the world, but more so in China. Bank loans are mostly only loans to those with mortgages, large state-owned enterprises, state-owned enterprises have a guarantee. In contrast, some of the potential of new and high technology enterprise is because without the support of capital to the survival and development. And private equity investment in the emerging industry, can effectively solve the problem. Along with the speeding up of China’s financial reform, private equity will play an increasingly important role.This article first introduces the current situation of China’s private equity market, from the four aspects of the development process, industry type, investment region and exit way, developing trend and hotspot by comparing the data of real find China’s private equity investment in recent years, find out the private equity investment in road direction for our future.Then the status of private equity investment in China and the United States market analysis. Were compared respectively from the four aspects of the financing condition, investment condition, the ways of exit, the legal rules and regulations. Found that China’s current financing scale is still very small, is only the size USA financing 1/10. Financing a single source of funds, mostly government and some large state owned enterprises. Although at this year IPO in the exit way proportion is still the first from the data, but compared to the previous few years a contention situation, now slowly to burgeons development. Merger and acquisition, management repurchase some new way has also been accepted by the market.Then on the analysis of the first two chapters make a summary, proposed our country at present private equity market development in the face of problems mainly has four aspects. The first is the single source of funds, second is the market exit channels for a single, third is the supervision of calibers inconsistencies, fourth are professional talent led to a shortage of talent mix.The last chapter the author through comparison and analysis of the present in front of the domestic capital market specific circumstances, respectively, the direction of development of the market of China private equity from the exit way, private equity fund source of funds, regulatory policies a prospect. I hope this thesis writes can be helpful to readers.
Keywords/Search Tags:Private Equity, Exit Way, Limit Partner
PDF Full Text Request
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