With the trend of collectivization and M & A brought by economic globalization,the development trend of M & a funds is growing rapidly.In the steady rise of China's economy,a series of measures have been introduced to encourage the development of the M & A market and provide support for the development of M & A fund in China under the policy oriented background.China's M & A funds have sprung up like mushrooms.This There is a mature M & A market abroad,and the development mode of M & A fund is clear.In our country,M & A fund is late,and the special socialist economic system with Chinese characteristics and the economic structure of developing countries,the development model of M & A fund still needs to be explored.Taking the development model of M & A fund in China as the research object,this paper adopts the case analysis method,comparative analysis method,summary induction method and so on,and expounds the logical framework of the four parts of China's M & A fund in the form of organization,financing mode,operation mode and exit channel.Based on the development motivation of M & A fund in China,the development of China's M & A market,the emergence and development of M & A fund in China are analyzed.The focus is on the existing development model of M & A fund,and the development model of China is analyzed.Then,using the case analysis method,this paper introduces two classic cases respectively.It is represented by Da Kang in heaven,and the KKR is the representative of foreign countries.It is enlightened by the analysis of its model,which provides a reference for the development of M & A fund in China.Finally,from the whole process of creation,operation and exit,it summarizes the four bottlenecks that restrict the development of China's M & A fund in four aspects,such as financing,investment,management and withdrawal,and puts forward some suggestions on the basis of the current economic situation and the development of the M & A market. |