Study On The Exit Mode Of Private Equity Fund In China

Although private equity investment fund is imported from developed countries in Europe and America,it has become an important way of financing in many entity enterprises.It plays an important role in the financial market of our country.The general operation process of private equity fund can be divided into four parts,namely,"raising,investing,managing and retiring",On the whole,the two most important links are "raise" and "retreat"."Recruitment" mainly refers to the collection of idle funds from various institutions and high net value customers in the society.After the collection of funds,the Chinese securities investment fund association should be put on the record on the basis of the letter of the law.Then,under the operation of the professional private managers,the funds in the fund are put to the non listed companies in various industries.In order to obtain the equity of the enterprise in the enterprise,the "retreat" is not only the last link,but also the most important link.The capital is first invested to the enterprise.After the operation,it needs to get out of the premium and get the return.If the funds can not get out of time,the funds will be given a certain amount of money.The loss on the level affects the normal operation of private equity funds.At present,there are more common private equity funds in the market,such as the first public issuance,merger,share repurchase,bankruptcy liquidation,and the choice of each way of withdrawal will have different places,and ultimately determine the investment income of the fund.The article takes private equity investment fund as the field of entry and takes its exit way as the research object.First,the article first introduces the relevant theoretical research on private equity investment fund at home and abroad,and then introduces the basic definition,development history,organization form and operation process of private equity investment fund,secondly,More convincing and detailed enumerating the actual cases of various ways of withdrawal,and the analysis of the case.Finally,the article points out some problems in the whole development of private equity investment fund in China.Finally,it puts forward to "improve the multi-level capital market in China and introduce the enterprise to overseas capital in a timely manner." "Market","vigorously cultivate China's M & a market,gradually improve the relevant merger and Acquisition Law","clear stock repurchase items,improve the professional level of employees",targeted countermeasures and suggestions.