The Problems Faced By The Private Equity Fund In China's Securities Market And Its Solutions

The privately offered fund, also called fund raised from special investors, refers to the fund that is raised from a few of institution investors and wealthy individuals in an not open way, and its selling and redemption are arranged between the fund manager and investor in private. This thesis looks back the general development theory of fund, summarizes the general things that privately offered fund develops in both home and abroad, points out the problems that block the growth of this fund in China, and at last suggests the solutions to these problems. At the last part, the author also introduced to the readers the profit-making skills used by the managers of the privately offered fund.At present, the privately offered fund is still underground. The reason that the fund is still operated underground is not because that it is not allowed by the law, is because that there is no such a law at all. Recently, the legalization of the privately offered fund is more and more concerned by the security market. As all can see, the legalization and marketing-operation is the future trend in the security market, so we can say the time that privately offered fund grows rapidly is coming. The legalization of privately offered fund will cause a great change in the security market, but during its development, it will encounter a lot of problems. How to solve these problem will be the emphases of this thesis. The possible innovation in this thesis lies in: on the basis of fund development theory raised by experts both at home and abroad, using the mathematic model to analyze the risk system, analyzing this kind of fund through the means of examples to find out the rules of privately offered fund operating.