Research On The Legal System Of Private Equity Investment Fund Managers Supervision

At present,the scale of private equity fund in China is several trillion RMB,which has become an important way of investment and financing in China's capital market.It has made an important contribution to the growth and development of Chinese enterprises.Especially small and medium-sized ones,not only in widening the financing channels of enterprises,in enhancing the value of enterprises,and in helping enterprises to develop with indelible contributions.At the same time,it also provides investors with another high-yield investment channel.The development of private equity funds can not be separated from the operation of fund managers.The manager needs the professional investment ability and level,can select the appropriate investment object,choose the best exit time,obtain the maximum investment return.So in the whole operation process there are managers to make decisions,from project selection,investment management and operation,to the withdrawal of investment projects,the manager is the leading private equity fund.Therefore,managers in private equity funds play a central role.Once managers have moral hazard,they may endanger the safety of private equity funds and endanger the interests of investors.But at present,there is still a lack of corresponding and perfect regulatory system to regulate these in our country.Because of the core position and the important role of the manager,it is necessary to supervise the manager and establish a complete and reasonable regulatory legal system to create a good environment for the operation of private equity investment funds,so it is imperative to set up a complete and reasonable legal system for the supervision of the managers.In this paper,private equity funds and managers,managers of the relevant concepts of supervision are combed.This paper discusses the theoretical basis of manager supervision,as well as its concrete development in our countryundefineds system.This paper analyzes the present situation of the managerundefineds development and supervision in our country,finds out the deficiency of the managerundefineds supervision in our country at present,and demonstrates the realistic significance of our countryundefineds supervision of the manager and the necessity of establishing the supervision legal system.This paper investigates the practical experience of supervision of private equity fund managers abroad,draws lessons from reasonable supervision ideas and supervision paths abroad,and finally constructs the legal system of supervision of managers of private equity investment funds in China according to the specific conditions of our country.Clear the subject of administrator supervision;set up reasonable management subject qualification acquisition mechanism is access system;establish a perfect legal supervision system;strengthen the internal organization of managers to enhance the ability of managers.It is of great significance to construct the legal system of the supervision of the managers of private equity investment funds,which is helpful to increase the strength of protecting the interests of investors.It is helpful to train excellent managers to enter the fund market,can greatly reduce the non-market risks in the operation of private equity funds,and helps to reduce the cost of supervision and maintenance in the operation of the funds.It will help accelerate the healthy development of PE;it is also an important measure to maintain the stability of the financial market and ensure the security of the financial market.