Private Equity and Venture Capital

Insurance capital allowed to invest in venture capital.

The revision abolishes the requirement for prior CSRC approval of a takeover offer.

FIEs allowed to convert their foreign exchange registered capital at their own discretion in pilot regions.

Private fund property shall be invested in investment targets that include the trading of stocks, equity, bonds, futures, options, fund shares and other targets specified in the investment contract.

New Measures have simplified the regime for private funds in China and enhanced the CSRC's authority. But key issues are left unresolved and confusion over the tripartite regulatory system remains a problem

New Measures have simplified the regime for private funds in China and enhanced the CSRC's authority. But key issues are left unresolved and confusion over the tripartite regulatory system remains a problem

The development of multi-level capital markets provides new opportunities for venture capital and private equity investment. The benefits are amplified in Guangdong, where the various equity exchanges boost the development of tech companies

The growing use of acquisition finance by the private equity industry has led to increasingly complex structures. But regulations make it difficult to provide lenders security and move onshore funds offshore

The growing importance of e-commerce in China has exposed a shortage of warehouse facilities. Private equity firms are using their global experience to develop the market