Risk Management Of Private Equity

At present, with the rapid development of private markets in foreign private financing has become the second only to bank loans and the third largest IPO financing instruments. Due to the development of the domestic capital market started late, for the control and flow of capital is still at a relatively early stage, but with the new State Department in nine foster clear that the overall deployment of private markets, China's private equity market will enter a stage of rapid growth. Private equity investments in private equity as an important member, both in the early exit of capital raising, controlled and operated in the middle of capital, or capital late every step fraught with risks. The rapid growth of private too, must be accompanied by a more risk, therefore, the private equity investors look ahead to fight the risk of private investment necessary vaccinations.Firstly, the research status of domestic and foreign private equity departure, then using analytic induction previous theoretical studies about the risks of private equity investments for refining and summarized, and based on the characteristics and asymmetric information theory and information theory PE screening from former private equity investment operations perspective, investment and non-investment exit systemic risk and systemic risk to the risk of private equity investments in private equity investments are classified summary, build innovative private equity investment risk system and gives some corresponding measures of risk aversion, wants to help private investors from a macro perspective on the risks of private investment to have a clear understanding; And then combine Mengniu PE cases, the use of the contents of the foregoing risk system, from investment before, investments and investment exit in three stages its investment risk analysis; Finally, by analyzing the theory with the case, and draw some recommendations for private equity investment risk effectively controlled.With the in-depth development of the domestic private sector, increasing government support, social capital for PE enthusiasm continues to climb, private industry will continue to practice, through the accumulation of valuable experience, and constantly improve and standardize the degree of private sector risk control system and other action a step toward maturity.