Demonstration Analysis About The Private Equity Funds Exit Of Merger And Acquisition

With the continuous development of China's financial market and multilevel capital market and the ncreasing of private equity funds,IWrited the articles.There are a lot of questions in our M & a market exit compared to the US capital market,such as the development of backward,talent shortage,Lack of policy supportetc.Iput forward personal opinionsin view of the specific case analysis of the articles.Thethesis framework of the articlesinclude discovering problems,parsing problems,solvingproblems.Firstly,I discover the problem:On the one hand,comparing our country with the United States,after the American financial crisis in 2008,exit the merger has become the main way of American private equity funds to exit.Nevertheless,but mergers and acquisitions in China accounted lower.On the other hand,New Third Board is the main way in our country.It has the higher income but higher risk.The exit cases got more with strict supervision.Due to less talent and attention,mergers and acquisitions in China developed slower.Next,Iparsed the problem:I select typical cases-Sheng He Resources Ltd merged Chenguang rare earths Ltd.Three private equity fund(HongShi fund,Fortis fund,Sheng Qian fund)realized the withdrawal benefit.Chenguang rare earths had experienceIPO failed and Two backdoor listing failedbeifore the merger and withdrawal.At last solving the problem:I put forward the countermeasure for government and private equity institutions.The maincountermeasure conclude the establishment and perfection of the mergers and acquisitions market,the preferential policies.Private Equity Institution should change thinking and take the initiative to promote the deal?The conclusion of this paper : Merger and withdrawal bears higher income,flexible exit mode,simpleprice,smaller risk andfunds can be removed at one time.It should become the key mode of private equity fund exit in China.