Research On The Legal Issues Of China's Limited Partnership Private Equity Investment Funds

Private equity investment fund was born in the United States is an important,financing system the limit,ed partnership private equity investment fund is set up exit the program concise,convenience contribution form relatively flexible and efficient governance structure and decision,mechanism effective incentive and restriction,mechanism tax,advantages e,tc. have good development prospect. Along with our country "partnership enterprise law" since the introduction of a,,limited partnership limited partnership private equity fund in China's booming,promising around successively introduced the relevant preferential policies of the,limited partnership PE so as to promote the development of the limited partnership private equity investment in our country.Legal system of limited partnership private equity funds in our country has many,problems limited partnership private equity funds internal governance defects are mainly for the company as a general partner normalized,ills limited partnership,private equity fund of fund managers and investors tend to form between conflict;etc. Limited partnership private equity funds lack of balancing of interests mainly management decision-making for fund investors and fund managers conflict,,;management fund managers damage the interests of investors etc Our limited partnership private equity investment fund exit mechanism imperfect mainly for capital market development,later system problems,unsolved equity,transfer;share repurchase legal obstacles Limited partnership private equity funds lagging regulation mainly characterized by lack of legal,norms affect the healthy development of private equity,funds regulatory,thinking lead to regulatory,fragmentation inefficient supervision and regulation clear,goals inadequate,,investor protection is easy to cause unknown group disputes regulatory contentfund and operation,standard,etc. are not shall be a limited partnership private equity funds related to our country to improve the legal system.Legal system of limited partnership private equity investment fund is a set of legal system and mechanism is the result of the,interaction should be combined with China's national,conditions constructing China's legal system of limited partnership private equity funds. The author believes that limited partnership private equity fund in China should be perfected from the following :aspects,first by strengthening the faith obligations of a general,partner perfecting the interest balance of the legal system of internal,governance,etc. to perfect our limited;partnership private equity funds internal governance structure Seco,nd from the benefit balance mechanism of internal self-improvement and external legal policy,support,etc. to perfect our limited partnership private equity investment fund;,benefit balance mechanism Third clear from the principle of private equity fund legal,supervision perfect our private equity investment regulation,legislation,clear regulatory body perfect regulation system to perfect our limited partnership;,private equity fund supervision mechanism Fourth from the perfect multi-level market sys,,tem exit mechanism stock repurchase equity transfer and clearing out of perfect our country exit mechanism of limited partnership private equity funds. This article from the legal system of our country limited partnership private equity,funds problems from the system to perfect our legal system of limited partnership,private equity fund puts forward some perfecting Suggestions in order to help the development of our country limited partnership private equity funds and market investment and financing channels unblocked.