Research On The Government Regulation Of The Private Equity Fund In China

With the development of China's financial market and securities market,China's private equity fund has been developed for more than 20 years,Its scale continues to grow and develop and it has gradually become a concern of the investment varieties and an important part that can not be ignored in China's capital market,which has been make a prominent contribution for the construction of China's multi-level capital market and enriched financial investment tools.However,compared with the Western developed countries,China's private equity funds started late and its development level is relatively low.Overall,China's domestic private equity fund is still in the initial stage of development,The regulators are not clear,Subcontract supervision caused the repeatly cross-regulation and regulation of the vacuum zone by the supervision of private equity funds and a series of problems.In addition,China's private equity fund does not have a clear legal status and it have been missing a complete system of legal supervision.These problems are likely to makea potential instability and crisis of China's private equity capital market,exacerbate the risk of investor investment and even the entire securities market risks,hinder the healthy and orderly development of private equity funds in China.This paper mainly studies how to supervise the private equity fund from the government's point of view.The article explores the problems in the supervision of the private equity fund by digging into the problem of Xu Xiang's case and finds out the reasons.Learn from the experience of foreign developed countries on the supervision of private equity funds and Combined with China's specific situation on the supervision of private equity funds to make the analysis of problems and on the basis to put forward the corresponding countermeasures and suggestions.