Suzhou will usher in a total of more than 100 billion -scale parent funds. The first equity pledged fund has settled in Wujiang

"You are welcome to come to Suzhou often to cultivate Suzhou." Gu Haidong, member of the Standing Committee of the Suzhou Municipal Party Committee and Deputy Mayor, issued an invitation on the "2022 China Mother Fund 50" held on July 30.

Gu Haidong introduced the economic operation of Suzhou in the first half of the year in his speech. Even if there is an impact of the epidemic hedging, Suzhou still shows a good development trend. In the first half of the year, the GDP exceeded trillion yuan. In June, the total output value of industries above designated size exceeded 400 billion yuan, reaching a historical high. In addition, Suzhou Science and Technology Industry has grown rapidly, attracting major science and technology carriers to settle in, and provides scientific and technological support for Suzhou's future industrial development.

At the forum, the "Chinese Mother Fund panoramic report in the first half of 2022" was also released, and the signing of the first domestic equity pledged fund was conducted.

According to the report information, as of June 30, 2022, the full list of Chinese parent funds included a total of 354 parent funds. The current total management scale reached 4272.1 billion yuan, an increase of 16.73%compared to the end of 2021. Among these parent funds, there are 262 government guidance funds, with a management scale of 3361.5 billion yuan; 81 market -oriented parent funds, with a total management scale of 894.4 billion yuan; S fund (Note: Only institutions that do the business of N -fund without normal parent fund business) There are only 11.

"We talk about the first year of the S fund every year, but the scale is still not large enough." Regarding the consideration of the establishment of the equity pledged fund, the President of the Mother Fund of the China International Science and Technology Promotion Association, the founder of the parent fund research center, and the chairman of Mizuki Capital Tang Jin Cao said that as the segment of the S fund, it is hoped to explore the effective solution of the low liquidity problems of the entrepreneurial investment industry.

Suzhou will welcomes more than hundreds of billions of parent funds

Regarding the information released in this forum, it is also worthy of attention to the development of the parent fund industry in Suzhou.

In recent years, Suzhou has become an important destination for PE/VC institutions to raise funds. On the one hand, LP, local Suzhou Guofa, Suzhou Fund, Oriental State -owned Assets, Xiangcheng Fund, Yuanhe Chenkun, etc., are important capitalists in the equity investment industry. On the other hand, Suzhou's real economy has developed, and has made great progress in the fields of industrial and big health. Local enterprises and entrepreneurs have also configured equity investment funds.

In his speech, Tang Jincao introduced the team's observation of the Suzhou parent fund industry: there are more than 20 parent funds in Suzhou. In prefecture -level cities across the country, the size and number of Suzhou's parent funds ranked first in the country.

This newspaper has previously reported that Suzhou established Suzhou Innovation Investment Group in June this year. It is expected that by the end of the "Fourteenth Five -Year Plan" period, Sakura Investment will form a total investment of more than 300 billion yuan through direct investment and parent fund investment.

More parent funds are still gathered to Suzhou. According to Gu Haidong's on -site speech, there will be more than 100 billion -scale parent funds in Suzhou in the second half of this year, including multiple parent funds with a size of more than 10 billion yuan.

"Different positioning of the mother fund determines different ecosystems. This ecosystem eventually meets the needs of the upstream of funds." Xu Qing, the partner of Yuan He Chenkun, said in a keynote speech on July 30 that as the mother fund Managers, the most important thing is to meet the actual needs of the capital through the asset allocation.

On July 31, the Suzhou Mother Fund Specialty on July 31st, a number of local parent fund industry from Oriental State -owned Assets, Zhangjiagang Industrial Capital, Xiangcheng Fund, and Suzhou Fund on the Yangtze River Delta integrated and how to invest in the development of Suzhou industry Wait for the topic to discuss.

"Combining Suzhou's industrial foundation and location advantages, around the key industries of Suzhou, Suzhou Fund has been deeply done and actively developed, and the leading market is a half -shot to invest in investment layout." Gong Yan, assistant to the general manager and managing director of Suzhou Fund, introduced in the round table speech. The play of the Suzhou Fund's selection of GP and heavy warehouse participation.

Specifically, through active screening, the method of heavy warehouse participation can not only bring better returns, but also form close cooperation with GP. Fully draw on and play the role of GP's industrial forward -looking perspective and industry drive. The industrial resources are combined with the industries and industries needed by the districts and counties to form a linkage effect.

When talking about how to guide private enterprises to participate in the equity investment fund industry, Jiang Yinhua, general manager of Xiangcheng Fund, analyzed that the GP team should take into account the company's industry and financial demands and understand their strategic goals. In addition, the key to GP institutions attract private enterprises to contribute to the construction of their own professional level, have the ability to balance investment portfolio risks and return, and achieve a win -win situation for fund LP and investment institutions.

Wujiang Equity Investment Ecological Construction

The 50 -member Forum of the China Mother Fund Summit was held in Wujiang, where it was in Shanghai, Taihu Lake in the east, in the west, Zhejiang, and Suzhou main urban area in the north. Suzhou Bay, where the forum is located, is the intersection of the construction of the Taihu science and technology circle of Taihu Lake in Suzhou, and the construction of the Wusongjiang Science and Technology Innovation Belt.

According to Li Ming, the secretary of the Wujiang District Party Committee, Wujiang's electronic information, silk textiles, and equipment manufacturing industries have reached 100 billion levels. The new material industry is also expected to exceed 100 billion yuan this year. Now, Wu Jiang is building a global digital industry highland, and builds a high -end functional area with Suzhou logo and a model city in the new era.

Not only that, Wu Jiang has passed the "Fund+Talent+Project" full -chain innovation in recent years, attracting a number of talent enterprises and talent projects to settle, and cultivating a number of high -quality science and technology enterprises to successfully list. The 21st Century Economic Herald reporter learned that many investment institutions have gathered Wujiang in recent years. Suzhou Bay Venture Capital One, which is managed by Oriental State -owned Assets Management, is working to create a "Yangtze River Delta Investment Port, Suzhou Bay Financial Valley" with national influence. As of June 2022, Suzhou Bay Venture Capital 1 has introduced 408 financial investment institutions with a registered scale of nearly 90 billion yuan and a management fund of over 100 billion yuan. , Suzhou Bay Financial Valley ".

As a wholly state -owned financial investment platform in Wujiang District, Oriental State -owned Assets has set up over 60 funds, with a total scale of nearly 50 billion yuan. Development and large -scale development.

Zhang Yanhong, chairman and general manager of Oriental State -owned Assets, said that financial capital is inseparable from the real economy. In terms of how to better play the role of capital investment to help industrial development, the approach of Oriental state assets is to "let the government change the government and let the market’s market for the market "More market", different types of fund investment studies different standards and focus, thereby forming a complementary ecosystem inside.

The first equity pledge fund has settled in

As one of the highlights of the opening ceremony of the "2022 China Mother Fund 50 People Forum", China's first equity pledge fund was officially released at the scene.

According to the disclosed information, the equity pledged fund was jointly released by the Beijing Equity Trading Center, the Shanghai Equity Custody Trading Center, the Oriental State -owned Assets, Mizuki Capital, and Mother Fund Research Center. As a fund manager, he landed in Wujiang District, Suzhou.

At present, the China S Fund Industry is in a period of rapid development. The establishment of the first equity pledge fund is a very important exploration for the national equity investment industry, which can effectively solve the problem of the first fluidity of the entrepreneurial investment industry.

Specifically, the equity pledge fund belongs to the category of S fund. Equity pledge refers to the pledge established by the quality person's equity as a pledge bid. In the field of private equity investment, the S fund is a type of fund product that specializes in acquiring alternative asset funds, investment portfolios or commitment commitments from investors.

"Equity pledge funds not only not only equity, but also the fund share also includes equity, but it reflects the manager's identification, control and valuation ability of the underlying assets." Chen Yanyan, deputy general manager of Shanghai Equity Custody Trading Center, spoke at the round table It is said that in the actual operation, whether the pledged repurchase or buying repurchase is used in actual operation. The process guarantees the better income of LP. "

In the context of the national strategic development of the Yangtze River Delta integrated development, the establishment of the equity pledge fund not only achieved an effective response to the Shanghai equity custody trading center, but also the effective supplement to the development of the fund industry in the Yangtze River Delta integrated demonstration zone, which strengthened the financial pair of financial pairs. The supporting role of the integrated development of the triangle.

For Wu Jiang, the establishment of the equity pledge fund can attract more national funds to the Wujiang and drive the better development of local funds. In addition, the establishment of the first equity pledge fund is conducive to Wujiang to increase the efforts of Suzhou Bay CBD, further build the world -class lake area economy, and promote the development of financial capital and equity business in the region to a new level.

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