Research On Operation Of Buyout Fund By Listed Firm And PE

Buyout fund by listed firm and PE as an important inovation of buyout fund in China,has been widely used in our stock market investment. This model broadens the listing Corporation financing channels, effectively promote the industrial integration, reducing the risk of PE exition. Lots of buyout fund by listed companies in the operation process have many problems, so it is practical to study the specific mode of operation.Based on the domestic and foreign scholars' s studies, Followed by collection of the latest analysis of the data on the earnings of Buyout fund by listed firm and PE, industry and PE institutions. Proposed special advantage on the basis of data analysis, including major advantages can be achieved both in the capital and operational levels, expanding the sources of financing of listed companies and PE exit channels. Then on the case itself in-depth analysis of both the establishment of buyout funds Motives, through a comprehensive analysis of Buyout fund by listed firm and PE's specific mode of operation,noted that the general mode of operation of listed companies in Chinese buyout fund, and then on the case studies found Buyout fund by listed firm and PE in operation the presence of such sectors imperfect set of GP's lack of capacity constraints and other issues. Finally,Buyout fund by listed firm and PE highlights and shortcomings in the operation of the proposed general policy recommendations on how to promote mergerand acquisitions of listed companies healthy, such as the establishment of buyout funds should focus on the industrial layout instead of stock speculation and strengthen their own management capabilities after the underlying enterprise investment.