Research On Risk Management Of Private Equity Fund Of Y Company

China’s private equity fund has gradually developed along with the development of the capital market.In the process of development,it has exposed a large hidden danger due to unfavorable supervision,which once affected the development of the industry until the revised Securities Investment Fund in 2013.The formal implementation of the Law only officially incorporated private equity investment funds into supervision.In 2017,the asset management business began the “de-channel” phase.Especially since the release of the “New Asset Management Regulations” in April 2018,it has become an irresistible trend to replace the channel model with private equity management products,which raises the risk management work of private equity institutions.Requirements.In 2018,private equity funds have suffered losses and liquidation,which once again shows that risk management is extremely important.It is related to the survival of private equity institutions.Only by striving to improve the level of risk management and establishing the management concept of risk first and profit second can the company stand Invincible.The main risk management theories in investment management are introduced,including portfolio management theory and asset pricing theory.The related theories of investment risk measurement are introduced,including risk indicators,risk exposure and risk value.The sources of risk of private equity funds are analyzed,including market risk,credit risk,management operation risk,liquidity risk and transaction risk.The research and analysis of the private equity fund industry was carried out,and the concept,characteristics and development status of the private equity fund were introduced.On this basis,the case study method is used to analyze the current situation of Y company’s risk management.Y Company is an investment management enterprise(limited partnership)that has registered the qualification of private fund manager.By analyzing the current situation of Y company’s risk management,it points out The risk management culture is weak,there are operational problems and human subjective risks,investment management system problems,and lack of insider trading prevention management system.In-depth study of the causes of the problem,that Y company does not pay enough attention to risk management,the number of risk control personnel and professional level is insufficient,investment management is not standardized and there may be bugs after the system is updated.To this end,combined with the main contents of enterprise management theory and risk management theory,the paper puts forward risk management countermeasures,emphasizes the importance of risk management culture construction,and then puts forward specific measures to strengthen operational risk management,and then focuses on investment transactions.In terms of management risk control mechanism,it puts forward some suggestions on strengthening risk control in investment decision-making and transaction execution,using quantitative analysis to strengthen risk control on company portfolio,timely comprehensive risk reporting and establishing firewall isolation mechanism,and finally proposes investment management.System risk prevention measures and insider trading risk prevention measures provide theoretical guidance and operational ideas for Y company’s risk management operations.