论我国私募股权基金IPO退出的法律环境及渠道选择

私募股权投资是指对未上市企业的股权投资。私募股权投资者的目的是为了获取高额收益,而退出渠道是否畅通是关系到私募股权基金投资产业是否成功的重要问题。为了实现投资者的目的,就要求市场上有健全的退出机制,让投资者能够顺利地把资金撤出。首次公开发行(IPO)无疑是私募股权退出的首要选择。在我国,可以通过海外上市和A股上市实现IPO。随着《并购规定》的实施和中国A股相关法律制度的完善,在A股上市,实现私募股权基金的退出,成为私募股权基金的重要选择。

On the legal environment of the exit of the private equity funds via IPO and the choice of channels

Private equity investment refers to the investment on unlisted company.The aim of Private equity investors is to obtain high rewards,which determines the importance of the exit routes of the private equity investment.In order to achieve the purpose of investors,the market requires a sound exit mechanism for investors.The initial public offering(IPO) is the primary choice.In our country,IPO can be realized both through overseas and on A-shares market.With the implementation of "the rules of merger" and the i...