Research On Risk Control Of XX Private Equity Investment Fund

With the development of China's capital market,especially the stock market,a group of private equity funds has gradually developed and expanded,and has become an important force in the securities market.Private equity fund is a new type of investment tool,which has a profound impact on the way of financial management and the concept of financial management of institutional clients and individual customers.With the globalization of the world economy and the rapid development of China's basic market,private equity funds have become one of the major sources of income for investment companies.However,the development of private equity fund industry in China is not mature,and because of the lack of protection and supervision of laws and regulations,the private equity fund industry is still in a gray state.With the rapid development of the private equity industry,the risks also exist.The management and control of risk is the first consideration of every investment company and private equity fund manager.Based on the subject of "risk control of fund investment",this paper makes a quantitative and qualitative analysis with the example of XX private equity investment funds.The full text of the thesis is divided into six chapters: The first chapter is the introduction which mianly includes the background and significance of the research,content and research methods,and summarizes the relevant research at home and abroad.The second chapter mainly introduces the related theory,including the connotation,the characteristics of the private securities investment fund;forms and advantages of private securities investment fund;introduces the risk value evaluation model,Mean variance model of Harry Markowitz.The third chapter is mainly quantitative analysis.A list of ten big stock issues announced according to the XX Private Equity Investment Fund Quarterly Report,65 historical closing prices of ten major stock exchanges between June 2017 and September 2017 were collected,therisk value model is used to calculate the market risk and possible potential loss of the portfolio within a given period;then,the mean variance model is used to find the portfolio with the minimum variance of interest at regular intervals,and the portfolio with the maximum expected return under the given variance.The fourth chapter is qualitative analysis.In the private security management perspective,analyzes the operation of XX private equity funds,summarizes the systematic risk and non systematic risk;and the existing problems of the risk control system.The fifth chapter analyzes the necessity and possibility of constructing risk control strategy,and sets up the overall idea,target and principle.On this basis,the concrete optimization measures are given.The sixth chapter is the summary and outlook of the whole article.The author as a private equity fund managers,have a certain experience and accumulated a lot of work experience,and reading a lot of relevant literatures at home and abroad,discusses the problems of risk management of private securities investment fund in operation.Through the combination of theory and practice,qualitative and quantitative analysis,the risk of XX investment company's control system is studied,this article aims to provide some theoretical basis and experience for the actual management process of practitioners from the perspective of private equity fund managers.At the same time,enrich our private equity investment funds in the field of risk management research.