Research on the supervision system of private equity funds in our access

Both the long-term and healthy development of China's capital market point of view, or from the meet the financial needs of the residents in our country perspective, private equity funds have other products irreplaceable role. At the beginning of 2011, the "people's Republic of China Securities Investment Fund Law (Revised Draft)" draft (hereinafter referred to as the draft) related institutions formally issued to include the CSRC, fund companies, to seek the views of the industry. The draft referred to "regulatory issues to the specific object of the fund-raising", which means "private equity fund" in our country will be incorporated into the regulatory system. But in the draft, and no provisions operability of a private equity fund access regulation. Private equity fund access regulation is the first pass of private equity fund regulation, can protect investors, fund manager market norms and orderly development of private equity fund industry effect. At present our country is in the private equity fund access supervision there are still lack of restrictions, the qualification management of investors, the legal system is not complete, the regulatory issues of subject is not clear, is not conducive to the orderly development of private equity funds. This paper on the regulatory system of admittance of private equity fund of fund investors access to carry on the research from the supervision of fund management, admittance regulation and the three aspects of the establishment process of the fund supervision, hope to help promote the perfection of securities investment fund and the introduction of the draft law, to promote the development of rapid, specification of private equity fund industry.