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Research On The Post-investment Management Of Private Equity Under The Theory Of The New Normal

Posted on:2018-04-07Degree:MasterType:Thesis
Country:ChinaCandidate:S F BaoFull Text:PDF
GTID:2359330518950252Subject:Finance
Abstract/Summary:PDF Full Text Request
Under the new normal,the transformation of economic development mode and upgrading of industrial structure,the reform of the supply side,capital market gradually improve,to bring new opportunities in the new round of development of Chinese enterprises,put forward the development of China,still need to be unswervingly multi-level capital market,increase the intensity of direct financing of enterprises,through the way of marketization of debt turn one by one to reduce the leverage ratio and financing cost,including private equity market is an important component of the multi-level capital market system.Based on the backgrount of China's private equity,with the transformation of the government in the regulatory,industry in recent years to explore,register put on record and a series of reform measures to gradually spread out,China's private equity market in raising,investment,management and withdrawing mechanism has been a rapid development,a large number of RMB local funds have mushroomed rapid development.Comparison in the global private equity fund development through the nearly hundred years has experienced the period of the western mature private equity markets,private equity market is still quite a gap in our country,still need to be in the structure of investors,exit channels,supervision mechanism,talent cultivating a breakthrough,especially in the private equity funds chasing high quality investment projects,investment management after the role and importance of tend to not be truly realized.Therefore,in this paper,the research of private equity investment has very strong pertinence and practical management problem,the research on this question will help to grasp the laws of private-equity investment management after operation,to help workers in the PE industry in management after investment related problem solving,while increasing after the management level and quality.For a long time,China's private equity investment fund investment fund and ignoring management,but with the changes under the new economic normal of enhancing competitiveness of project investment and exit channels,this mode of operation must be changed.Against this background,this paper introduced some scholars at home and abroad on the post investment management research results are described.the concept of the management after the private equity investment,the corresponding introduction,and on the pitch after the management role and the necessity of further description and analysis.The problems and shortcomings in the current operation of private equity investment in China are analyzed and summarized accordingly.KKR investment companies in the United States investment projects by way of the specific situation and in-depth analysis for the center,and private equity in China,the mode of investment projects and contrast,find out the gap;Finally,the analysis and comparison of foreign cases are given,and some Suggestions are given for the development and improvement of private equity investment in China.Overall structure planning is presented in this paper,the basic follows the traditional is put forward,analysis and solve the problem of paper pattern,among the more prominent is that some of the international and domestic scholars about the pitch after the research of management,through the comparative analysis of cases at home and abroad,the current situation of the development of the domestic private equity investment in the late management are analyzed in detail,summarizes the key issues at the same time,according to private equity fund managers after the vote management problems puts forward the corresponding improvement Suggestions.Because of the subjective and objective reasons,the management operation level of private equity investment has yet to be further deepened and studied.
Keywords/Search Tags:New norma, Private equity, The post-investment management
PDF Full Text Request
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