1. China's future economic transformation, upgrading and development are more driven by innovation, and the venture capital industry is in the ascendant in China;
2. The asset management industry in China is facing a historic opportunity of great development, and the private equity parent fund (FOF) will occupy a place in the future asset management;
3. The wealth accumulated in the traditional production and manufacturing fields in China will accelerate the transfer to the private equity industry, and the private equity parent fund (FOF) is one of the best forms to undertake wealth transfer;
4. Market-oriented private equity parent fund (FOF) is a rare blue ocean market for financial innovation in the field of high-end financial services, which can create a variety of new business models in the industry;
5. Marketized private equity parent fund (FOF) is the most missing link in the development of private equity market in China today, and the institutionalization of LP is the general trend.
In 20 10, Mr. Jiang Mingming, as the founder, led the team to create "Shengshi Investment" with great sense of responsibility and mission, and made it rapidly grow into a leading professional financial institution in China to operate private equity parent fund (FOF) in a market-oriented way. Since its inception, Shengshi Investment has been committed to
1. Build a professional management platform for private equity parent funds (FOF) in China.
2. Become a leading professional financial institution in China to serve local investors (LP).
3. Become the top asset management platform in China.
After nearly four years of unremitting efforts, Shengshi Investment is far ahead of the industry in terms of asset management scale, professional team composition, and the amount and quantity of completed fund investment, and almost includes all awards that can be awarded to private equity parent funds (FOF) by state authorities, industry associations and intermediaries.
The evaluation standard of market-oriented private equity parent fund and its management organization summarized and put forward by Mr. Jiang Mingming has also been gradually accepted by the industry.
1. Is it a market-oriented private equity parent fund?
Marketization of capital sources
Marketization of investment decision-making
Marketization of incentive mechanism
2. Elements of a qualified private equity parent fund management institution.
Independence: not attached to any enterprise group or listed company, ensuring that it is completely consistent with the interests of investors (LP).
Major: All core partners have more than 10 years' experience in private equity industry.
Focus: the management team only focuses on one business of private equity parent fund, which is only seen in China.
Innovation: It has the ability of institutional innovation, and the government-guided fund marketization, initial fund issuance and second-hand fund transfer are all the first in the industry.
Jiang Mingming led the core leadership team of Shengshi Investment, accelerated the development of China PE industry, and created two breakthrough brilliant achievements: first, he created a new model of government-guided fund operation, management and development combining government capital and social capital; The second is to establish a new strategy to vigorously expand the PE secondary market. Shengshi Investment has fully proved the position and significance of private FOFs institutions in the market with facts, and brought examples and hopes for the development and prospects of private FOFs institutions in China.
Jiang Mingming believes that Shengshi Investment will eventually become the pioneer, leader and evangelist of China private equity parent fund.