Wings of Fund: Theory and Practice of Industrial Investment Fund Operations

Author: Liu Xin
Publisher:
Publish Date: 2005-10-01
Features: As a practical financial tool, industrial investment funds are a new phenomenon in China's investment and financing market transformation. They differ in meaning and scope from foreign private equity funds and venture capital funds. Researching the operational mechanisms and development trends of industrial investment funds can address practical issues such as the lack of industrial investment funds, narrow financing channels, and the limited investment options for fund holders. Based on practical operations, this book follows the process of industrial investment funds—from fundraising, governance, investment to exit—and combines the governance theory of industrial investment funds with the design of specific industrial investment fund solutions, addressing many operational challenges in the field. Closely aligned with the realities of China's industrial capital market, this book aims to achieve three practical goals. First, it seeks to explore the operational mechanisms and principles of industrial investment funds, requiring an in-depth understanding of the operational models and experiences of international industrial funds, as well as the environment and current status of domestic industrial funds. Second, as a research outcome based on enterprise projects, this book is highly integrated with practical enterprise operations. In the absence of domestic industrial fund regulations, how to practice industrial investment funds? How to align with the actual conditions of enterprises and find ways to implement industrial fund operations within companies? Answers to these questions can be found in this book. Finally, adhering to the principle of operability, the book also introduces mature cases and attempts to explore the specific design of certain industrial investment funds.