Research On The Value-added Effects Of Post-investment Management Of Private Equity Funds

With the rapid development of macro-economy,China's capital market is also in continuous development,private equity investment gradually occupies an important position,especially in promoting the development of small and medium-sized enterprises,realizing investment value-added and optimizing resource allocation.Under the background of "mass entrepreneurship,mass innovation",many high-tech enterprise projects emerge,which need a lot of capital investment,and private equity fund can not only solve the financing needs of enterprises,but also promote the development and growth of enterprises.However,compared with developed countries,the development of private equity investment industry in China started late,many places are not perfect,there are many defects,especially private equity investment institutions usually pay more attention to the choice of investment projects rather than post investment management,lack of awareness of post investment management.At the same time,due to the lack of experience in post investment management of private equity investment funds in China,and the lack of relevant theoretical research,there is also a lack of systematic theory and reference measures for post investment management.Therefore,after combing many domestic and foreign scholars' research literature on post investment management of private equity,this paper has a specific understanding and detailed understanding of thecurrent situation of post investment management of private equity funds in China.After combing the relevant theories and theoretical basis of private equity funds,the paper analyzes the content,operation mode,objectives and influencing factors of private equity funds post investment management in detail,and clarifies the relevant content of private equity funds post investment management.And we choose the investment of Hejun capital in Yonghe sunshine as the case study of this paper,and enumerate the measures of value-added service of post investment management of Hejun capital for Yonghe sunshine.Combined with the financial data of Yonghe sunshine for nearly five years,we analyze the value-added effect of this post investment management,and point out the problems in the process of post investment management of Hejun capital.Through case analysis,the conclusion of this paper is: first,post investment management is the main measure to realize the value-added listing of the invested enterprises and make the private equity funds obtain higher investment returns;second,post investment management is a long and complex work,so in order to maximize the value-added effect,the investment enterprises and the invested enterprises must trust each other and give full play to their maximum advantages;finally As post investment management is a long-term and complex work,it needs a professional team to supervise and provide services,which is not only the best way for private equity investment institutions to carry out postinvestment management,but also the development trend of post investment management in the future.Finally,this paper puts forward some suggestions to improve the value-added effect of post investment management.