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典型的有限合伙制私募股权基金的特点是所有者和经营者分离私募股权基金(PE)主要有三种组织形式:公司制、信托制(契约制)和有限合伙制。有研究认为,基于信息不对称下存在的逆向选择和道德风险等机会主义行为考虑,比较一致的结论是契约制(信托制)和有限合伙制的私募股权基金治理机构优于公司制。在有限合伙制企业内,由普通合伙人执行合伙事务,有限合伙人不参与合伙企业的经营;有限合伙人以其认缴的出资额为限对合伙企业债务承
The typical limited partnership private equity fund is characterized by the separation of owners and managers of private equity funds (PE) There are three main forms of organization: corporate system, trust system (contract system) and limited partnership. Some studies suggest that based on the consideration of opportunistic behaviors such as adverse selection and moral hazard under asymmetric information, the unanimous conclusion is that private equity fund governance institutions based on contract (trust) and limited partnership are superior to the corporate one. In a limited partnership enterprise, the general partner performs the partnership affairs, and the limited partner does not participate in the partnership business. The limited partner takes the amount of the capital contribution subscribed to the liability of the partnership enterprise