Last century 40 s, private equity funds has emerged in the United States, has experienced more than half a century of booming development, private equity become an important way of enterprise finance, occupy an important place in the field of current investment and financing, became the bank loan and a public stock offering after another important financing tool. In recent years, the development of private equity in China is more popular, China has become the world’s most dynamic and private equity funds in emerging markets. Private equity investment fund is a kind of brand-new financial investment tool, to improve the capital market structure, promote the development of small and medium-sized enterprises, improve the corporate governance structure, improve capital operation efficiency, etc, will produce profound effect. In this paper, through the analysis of the European and American developed countries private equity fund the development of more mature theories and practical experience, the development of private equity investment fund in our country at present the status quo and existing problems of the in-depth analysis, this article mainly from four aspects, private equity funds operating mechanism that organization, financing, investment and exit mechanism four aspects to the study of private equity investment fund in our country respectively, found that private equity funds operating mechanism in our country at present there exist many problems, which seriously hindered the healthy and rapid development of private equity investment fund in our country. Aiming at the existing problem of private equity investment fund in our country at present, this article put forward by adopting the organization form of a limited partnership, broadening the channels for the source of private equity funds, improve the quality of China’s private equity funds management team and perfect our private equity investment fund exit ways such as ways to develop the private equity investment fund in our country, the hope can provide some help to the development of the private equity investment fund in our country. |