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在2014年的兼并重组浪潮中,部分企业出售意向明显增强,从而为并购基金提供更多的投资标的,由此,并购基金在市场上的投资机会将明显增加。受益于产业转型升级和经济持续发展,近年来并购基金逐渐成为中国资本圈热议的话题,国际上知名的并购基金例如KKR、黑石、凯雷等也渐渐进入中国市场。但是在国内市场并购基金发展仍不成熟,新募基金占比依然较低,2013年上半年新增5只并购基金,占中国私募股权投资市场新募基金的4%;而在欧美成熟市场,PE基金中超过50%都是并购基金。相较于西方发达国家,中国的并购基金还处于萌芽阶段。
In the wave of mergers and acquisitions in 2014, the intention of some enterprises to sell was significantly enhanced, thus providing more investment targets for M & A funds. As a result, the investment opportunities of M & A funds in the market will increase significantly. Benefit from industrial restructuring and upgrading and sustained economic development, mergers and acquisitions fund has become a hot topic in the capital circle in China in recent years, the well-known international M & A funds such as KKR, Blackstone, Carlyle and other gradually into the Chinese market. However, the development of M & A funds in the domestic market is still immature. The proportion of newly raised funds is still relatively low. In the first half of 2013, 5 M & A funds were newly added, accounting for 4% of newly raised funds in China’s private equity market. In mature markets in Europe and the United States, More than 50% of PE funds are M & A funds. Compared to the developed western countries, China’s M & A fund is still in its infancy.