Analysis Of Private Equity Investment Management After Investment

With the rapid development of China's economy,the demand for capital has gradually increased,which has increased the endogenous power of China's capital market,and also led to the rapid growth of private equity investment funds.As an important capital source of "mass entrepreneurship and innovation" in the new era,China's private equity investment funds play an important role in promoting industrial restructuring and alleviating the financing difficulties of small and medium-sized enterprises.At present,China has become the second largest equity investment fund market after the United States.To ensure the healthy,stable and effective development of private equity investment funds is particularly critical for the growth of Chinese enterprises under the new normal conditions.Its operation includes four links: fund raising,project investment,post-investment management and project withdrawal.Most of the existing studies focus on "investment" and "management",which makes the theory and practice of pre-investment and post-investment management of private equity investment deviate.How to manage private equity investment funds and improve the quality of enterprise development is the core concern of the government and business managers.How to enrich investment channels and reduce investment risk is the focus of fund investors.How to make use of private equity funds for the rapid transformation of enterprises and sustainable economic development deserves deep consideration in academic circles.To this end,the research on the post-investment management system of private equity investment funds is conducive to the realization of "three win-win" for the government,investors and enterprises.Taking the investment of M fund in X company as an example,this paper makes a comprehensive analysis of the post-investment management of private equity investment fund by combining theory with case study.On the basis of defining the connotation of private equity investment funds,this paper summarizes the contents and objectives of post-investment management of private equity funds,elaborates the principal-agent theory and incomplete contract theory,and forms a basic theoretical platform for research.Startingfrom fund scale,fund source,development stage and industry distribution,this paper summarizes the current situation of private equity investment funds in China,introduces the transaction process of M fund and X company's private equity investment funds,and carries out post-investment management analysis of private equity investment funds in accordance with the four links of "operation model-value-added service-risk control-enterprise performance".The research shows that the full-time team is responsible for the operation of private equity investment funds.The effect of the model is better.M Fund can improve the corporate governance structure and help the company to formulate development strategy,standardize financial management system and introduce investors and professionals,provide listing guidance,merger and acquisition integration and expand domestic and foreign markets;M Fund can prevent principal-agent risk,technical risk,market risk and financial risk for X company after investment management.It also improves the performance of private equity funds and invested enterprises.On this basis,it puts forward specific strategies to optimize the post-investment management of China's private equity investment funds.