Case Study On Merger Acquisition Exit Route For Private Equity Fund

The operation of private equity fund generally includes three stages of raising,investment,manage and withdrawal,and the final stage is the most important in the whole process of operation.Private equity funds are commonly used in the way of IPO,New OTC Market,mergers and acquisitions,management repo and bankruptcy liquidation.In recent years,the most important exit channel for private equity funds in China is the withdrawal of IPO and the withdrawal of the new three board,and the proportion of merger and acquisition is not high.However,we should also notice that the IPO withdrawal is obstructing and the new three board exit needs to be improved.As the state is actively introducing policies to support mergers and acquisitions,and with the advantages of IPO and new three boards exit,more and more private equity investors begin to realize the importance of merger and exit.This paper first illustrates the development of private equity funds in China through collecting relevant data,and analyzes the problems of private equity funds withdrawal.Then,by analyzing the typical cases of successful merger and exit,it explains the advantages of private equity funds' Merger and exit,and makes private equity investors and managers further recognize the necessity of merger and exit.Then,it puts forward some suggestions for the exit and exit of private equity funds in China,hoping to help solve the problem of narrow exit of private equity investment in China.Finally,on the basis of the previous analysis,the conclusion is drawn that merger and exit can be an important way to withdraw the private equity fund of our country at present and in the future.