Research On Risk Control Of Private Equity Fund Investment

In recent years,with the continuous growth of China's economy,the deepening of China's financial system reform,the rapid development of financial instruments innovation and the gradual improvement of the capital market system,China's private equity funds ushered in a period of rapid development,domestic scholars began to study the theory of private equity funds,investors are also competing to invest in private equity funds,these good development.The exhibition environment has also attracted a large number of foreign investment institutions to the Chinese market,and indirectly promoted the rapid development of private equity funds in China.China's private equity funds are also investing in various industries,which not only makes the scale of the fund growing,but also brings more financing channels for entrepreneurs in various industries in China.Depending on its excellent post-investment management,it promotes the development of all walks of life.Artificial intelligence industry is an emerging industry with great potential.It is regarded as a new economic booster and a subversive industry leading the third industrial revolution.Our country,s artificial intelligence industry has been highly valued by the state.From 2015 to 2017,the government has issued a series of policies to support it.Beginning in 2015,our government has issued documents to guide capital investment in the field of artificial intelligence.In 2016,the government launched five major policies to support the rapid development of the Al industry and to develop leading technologies internationally.The AI industry is regarded as an important part of the manufacturing power.In 2017,the Artificial Intelligence Industry was deployed to the national strategic level in the report of the Nineteenth National Congress of the CPC and the report of the work of the govermment.As a result of policy guidance,private equity funds are competing to invest in AI industry.As a new investment field,the combination of private equity funds and AI industry has begun to take shape.Private equity funds originate from the innovation of Finance and industry,and are formed by the combination of the two.Therefore,the healthy development of private equity funds has a greater role in promoting industrial restructuring and upgrading or optimizing the internal structure of the industry,and provides necessary financial support for it.Therefore,the investment of private equity funds in artificial intelligence industry is also for this purpose.The development of industry and sustainable management provide necessary resources,accelerate the development of artificial intelligence industry as the driving force of the third industrial revolution,and indirectly promote the development of national economy.Private equity fund is undoubtedly of great help to the development of AI industry.At the same time,the development of private equity funds has broadened the investment channels of capital market.Whether it is the study of risk control of private equity funds or the study of risk control of private equity funds from the perspective of artificial intelligence industry,it is of great significance as a supplement.The process of private equity investment itself is complex and complex,which requires professionals to control risks.In each stage of project selection,contract signing,post-investment management and exit,a large number of studies are needed to assess and control risks,and each link has its own risks.Through the research,it is found that there is still a big gap between China's capital market and developed countries.No matter how perfect the system is,or how strong the relevant policies support the private equity fund,there is a big gap,which leads to various obstacles in the actual investment process of China's private equity fund,and there are many problems in the control of the actual investment risk.Private equity fund investment has the characteristics of high investment and high risk,which is also true in the process of investing in AI enterprises.Therefore,it is necessary to solve the risk control problem of private equity fund investment in AI industry.While drawing lessons from the mature risk control research abroad,we should also study the risk control measures of private equity funds in line with China's national conditions,which has very important significance and value for the development of private equity funds in China.The first part of the article describes the current research background and significance,research issuance,innovation and shortcomings.This paper defines the concepts of private equity investment fund and artificial intelligence industry,and combs the relevant literature of domestic and foreign scholars.The second part mainly summarizes the risk control theory with private equity fund investment.The third part is about the investment risks that private equity investment funds need to face when they invest in AI industry.From the two angles of project selection and withdrawal when private equity investment funds invest in AI industry,we can get what are the risk factors of project selection,what are the influencing factors when they withdraw,and what risk factors need to be paid attention to.What are they?The fourth part is the key chapters of the full text.This chapter carries out risk assessment in two aspects.The first aspect is to make a fuzzy comprehensive evaluation of the operational risk of private equity funds,so as to provide reference for the operational risk of private equity funds in AI industry investment;the second aspect is to make a fuzzy synthesis of the project selection risk of private equity funds in AI industry investment.Assessment is the basis for risk assessment of the project selection risk faced by the fund in the investment of artificial intelligence industry.The fifth part,based on the empirical results of Chapter IV,puts forward corresponding countermeasures and suggestions on the risk control of private equity fund investment.This paper mainly puts forward countermeasures and suggestions from two aspects:operational risk and project selection risk when investing in AI industry.The sixth part is the conclusion,which mainly summarizes the whole paper.Through the risk control theory,the present situation of investment risk and the fuzzy comprehensive evaluation of risk,the paper draws the following conclusions:In terms of operational risk control of private equity funds investing in AI industry,the risk level of exit stage is lower and the risk level of investment stage is higher,among which the risk of investment tools and principal-agent is the highest.In terms of project selection risk control of private equity funds investing in AI industry,the risk level of technical risk needs fund managers.Particularly concerned,the risks of technical feasibility,technical cycle,technological leak and technological advancement all belong to a higher level,and all aspects of technological risk need to be paid close attention to.