本文選題：私募股權(quán)基金　切入點：創(chuàng)業(yè)風(fēng)險投資　出處：《遼寧師范大學(xué)》2014年碩士論文

【摘要】：私募股權(quán)基金（Private Equity Fund，簡稱為PE），創(chuàng)立于美國20世紀早期。創(chuàng)業(yè)投資企業(yè)—ARD，，于1946年誕生在美國，成為現(xiàn)代意義上的第一家創(chuàng)業(yè)投資公司。隨后美國通過相關(guān)法案，開始開放銀行和金融公司投資小型企業(yè)，正式走上了私募股權(quán)基金的道路。美國發(fā)展最迅猛的時期是80年代，資本市場上流行高收益?zhèn)谫Y，大力地推進了私募股權(quán)基金的發(fā)展進程。到了90年代，我國改革開放加快了社會主義市場經(jīng)濟發(fā)展的步伐，我國學(xué)術(shù)界開始認識到私募股權(quán)基金，通過了解與借鑒，私募股權(quán)基金逐步闖入我們的視角。截止到2009年，我國創(chuàng)業(yè)風(fēng)險投資機構(gòu)數(shù)在發(fā)改委備案已經(jīng)超過400家，迅速成為中國投資業(yè)的主力。當中國的市場經(jīng)濟越來越好，產(chǎn)業(yè)的創(chuàng)新能力越被重視，激勵人才發(fā)展原動力，提升國家綜合實力，那么私募股權(quán)基金就成了改善中小企業(yè)融資瓶頸的關(guān)鍵。中國本土的經(jīng)營模式已經(jīng)被大家熟知的時候，私募股權(quán)基金在長足發(fā)展后發(fā)現(xiàn)許多問題。主要是由于引進的商業(yè)模式并不是很適合中國的國情，我們應(yīng)該經(jīng)過長時間的實踐與摸索，研究出一套完全屬于我國行情的經(jīng)營模式。所以，中國式私募股權(quán)基金的出現(xiàn)具有現(xiàn)實意義。 本文以中國私募股權(quán)基金的發(fā)展為軸心，系統(tǒng)的講述了私募股權(quán)基金的概念、內(nèi)涵、運作流程、風(fēng)險管控及前瞻問題。對于阻礙私募股權(quán)基金未來發(fā)展的道路提出了建設(shè)性的意見。全文共分為四部分：第一部分寫的是私募股權(quán)基金的概述，重點講述私募股權(quán)基金的概述、業(yè)務(wù)范圍及組織形式。第二部分寫的是中外私募股權(quán)基金的發(fā)展比較與經(jīng)驗借鑒。通過結(jié)合國際的經(jīng)驗及數(shù)據(jù)，分析本土經(jīng)營與發(fā)達國家存在的差距。第三部分寫的是私募股權(quán)基金的風(fēng)險管理與防范。通過適當?shù)姆婪洞胧﹣砘饬信e的七種風(fēng)險。剖析了不應(yīng)該單單只做事中、事后的風(fēng)險處理，最重要是宏觀風(fēng)險預(yù)警。第四部寫的是中國私募股權(quán)基金發(fā)展前瞻。闡釋了中國私募股權(quán)基金現(xiàn)階段需要的市場定位、內(nèi)部控制機制及外部建設(shè)環(huán)境等緊待解決的問題。
[Abstract]:Private Equity Fund (Private Equity Fund, referred to as PE), founded in the early twentieth Century. Venture capital investment enterprises - ARD, was born in America in 1946, became the first modern venture capital company. Then the United States passed the relevant bill to open bank and financial companies to invest in small businesses, formally embarked on a private equity fund roads. The United States in the rapid development period is 80s, capital market popular high-yield bond financing, and vigorously promote the development of private equity funds. In 90s, China's reform and opening up the development of socialist market economy, our country academic circles begin to recognize the private equity fund, through the understanding of with reference to private equity funds gradually into our perspective. By the end of 2009, the number of venture capital institutions of our country in the development and Reform Commission has more than 400, quickly become China's investment industry. When the main China the market economy more and better, the innovation ability of the industry more attention, the original motivation of talent development, enhance the comprehensive national strength, so the private equity fund has become the key to improve the financing bottleneck of small and medium sized enterprises. Chinese local business model has been known, the private equity fund found a lot of problems in the development. The main is due to the introduction of the business model is not very suitable for Chinese conditions, we should explore and practice through a long time, the business model of a complete set of China belongs to the market. Therefore, there is of practical significance China type of private equity funds.
In this paper, the development of China private equity fund as the axis, described the concept of private equity funds, connotation, operation process, risk control and prospective problems. For the future to hinder the development of private equity fund road and put forward constructive suggestions. The full text is divided into four parts: the first part is an overview of the writing of private equity the fund's focus on the overview of private equity funds, business scope and form of organization. The second part is the comparison and experience of development of foreign private equity funds. Through a combination of international experience and data, analyzes the gap in local business with developed countries. The third part is the risk prevention and management of private equity funds seven. Risk list to resolve through appropriate preventive measures. The analysis should not only work, risk treatment afterwards, the most important is the macro risk warning fourth. The Ministry is writing the prospect of China's private equity fund development. It explains the current market positioning, internal control mechanism and external construction environment of China's private equity fund.

【學(xué)位授予單位】：遼寧師范大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：F832.51

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