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A Company Research On Risk Control Mechanism Of Private Placement Fund

Posted on:2019-09-30Degree:MasterType:Thesis
Country:ChinaCandidate:M L ZhangFull Text:PDF
GTID:2439330590978875Subject:Business administration
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The development of private fund market in China is in the process of becoming more and more sunny.However,China has not established a unified private fund market system,which leads to the frequent occurrence of chaos in the private fund market.Firstly,the author discusses the problems of private equity's related theory,analyzed the main risk existed in the private equity fund in our country,and the cases of risk,and puts forward several ideas to the author for risk prevention.Based on this,the author takes company A as the analysis object,and obtains some data of company A's private funds through field investigation of company A.In company A,the risk of private equity funds still exist,and its current risk prevention mechanism can not effectively guard against the risk that you might encounter.In order to improve the risk prevention ability of company A,the author by private equity risk control mechanism,company A of private equity fund related problems are studied,designed to reduce the risk of A private equity company,to be able to get a long-term and healthy development.The first chapter is the introduction,the first part of this chapter mainly introduced the selected topic research background,research purpose,theoretical and practical significance.The second part is about the domestic and foreign research content.The third and the fourth part respectively introduced the research method of this paper,and the innovation place.The second chapter is a view of private equity risk control,the first part is mainly to define private equity funds,this paper introduces the features of private equity funds,the main types and the development of the private fund in our country.The second part analyzes the risks and causes of private fund in China,and puts forward some opinions on risk control.The third chapter is an view of the present situation of the risk control research of company A.The first part mainly has made introduction of company A,and analyzes the characteristics of private equity funds.The fourth chapter is the improvement plan of the risk control optimization of company A.This part introduces the private equity fund and make the concrete scheme for private equity risk control optimization.The last chapter is the conclusion of this article.Since the implementation of the private placement filing system in early 2014,it has only taken less than three years for the private placement fund industry to surpass the public placement fund in nearly 20 years.Any kind of investment is more or less risky.With the continuous development of private investment,various problems also emerge.Risk control has also become the top priority of private investment.1.Then,what risks will exist in private equity investment,and how should investors prevent and control risks? For the majority of private equity investors,the six major risks of private equity investment can be divided into six categories:The risk of information opacity because private equity funds do not have strict information disclosure requirements,so information opacity is the biggest risk of private equity funds.Any process involving investment operation and management,such as investment plan,fund transfer and project tracking management,there is a great possibility of inadequate information disclosure.Secondly,many investors who have low risk resistance value the high returns of private equity funds,but behind the high returns,there are also high risks.Many investors do not have the corresponding anti-risk ability,so the investment needs to focus on the risks of such private equity funds.3.The ability of fund managers is uneven because of the lack of strict industry access standards.There are obvious differences in the management ability,industry status and market identity of fund managers.In the same market environment,some fund managers can bring profits to investors by precise investment,while some fund managers can bring profits to investors by precise investment.Managers may cause losses to investors.4.Higher moral hazard fund projects are generally established in the form of partnership,but due to the restrictions of specialty,geography and time,investors can not effectively supervise and manage the projects,so moral hazard is also a private fund risk that investors often encounter.Fifth,project financing lacks professional risk project financing generally requires high practical experience and professional competence,but some private fund managers or management teams lack the ability to effectively monitor and manage project financing.6.The risk of illegally absorbing public deposits.Some private-equity foundations attract investors to participate in investment by deliberately exaggerating earnings and concealing projects,which are likely to attract public deposits illegally.Risk control of private equity investment has many risks.Since its establishment,risk has been accompanied by private equity funds along the way.Finally,the legitimacy,feasibility and scale of the project.That is,Special vision of project selection and project investment.In addition,we can not lose too much in terms of weaknesses,which are risk management and internal control.If this aspect weakens,it may not stand in the market.So we think that windcontrol compliance is the core of the stable operation and long-term development of private equity fund managers.The ability of investment management,the choice of projects,the vision of projects and projects may get high returns in several cases of investment projects,but the compliance of wind control is to make the company go on steadily for a long time.
Keywords/Search Tags:private equity, fund, risk, risk prevention and control, company A
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