There are fewer old private equity firms and fewer new private equity firms.、What should you pay attention to when filing for private placement?

There are fewer old private equity firms and fewer new private equity firms.、私募备案之路有啥注意点规模逼近11万亿，证券类缩水4900亿 基金业协会备案数据显示，截至11月底，私募基金行业管理规模为

1. 90trillions，较上一季度环比增加
2. 58trillions，较2025年末增长了
3. 01trillions，增幅约
4. 15%。

其中除证券类私募规模同比缩减

1. 49万亿以外，Equity、创投、其他类私募实缴规模相比2025年末均有所增加。 不仅老私募不多，新私募其实也越来越少。 据格上研究中心统计，截至2025年底协会已备案的私募机构共22446家，相较去年增加了5017家，year-on-year growth
2. 79%。

在证券类私募机构备案方面，已备案的证券类私募机构共有8263家，其中2025年新增备案1570家，仅有386家为2025年刚成立的新机构。

从已备案私募机构的成立时间来看，2025In the second quarter of 2020, nearly 1,000 newly established securities private equity institutions reached the peak in more than two years and then showed a gradual downward trend.，Starting from the third quarter of 2025, the number of newly established institutions per quarter will not exceed 200，Among them, the number of newly established securities institutions has been declining quarter by quarter since 2025.，No securities private equity institutions have been established in the fourth quarter。

The editor is in the process of handling and consulting business registration，Discover common problems encountered in the development process of existing private equity funds：

1. There are irregularities in the operations of private equity fund managers。In the past, there were many illegal fund-raising phenomena among small private equity funds.，The safety of investors’ funds and interests are difficult to effectively protect。

With the implementation of the supervision of private equity funds by the China Securities Regulatory Commission and the Asset Management Association,，Compliance of private equity fund operations has been greatly improved，Investors’ rights and interests are further protected，This is also an important reason why private equity funds can develop rapidly now.。

1. Private equity fund managers have insufficient fund-raising capabilities after the issuance of their products。

For small and medium-sized private equity institutions with relatively insufficient credit,，The main problem that has been troubled is after the issuance of fund products.，Can the product complete fund raising within the specified time?。Funds raised in place，It is the prerequisite for normal follow-up investment management of fund products.。

1. Fund managers have limited management skills。For fund managers，Financing capabilities and team management、Trading ability is what determines a private equity project，The key to whether it can bring expected returns to investors。

At this stage，Since the State Administration for Industry and Commerce has stopped establishing new investment management companies nationwide from the beginning of 2025。therefore，To enter the private equity field and carry out private equity fund business，The main ways are： one，Acquired an existing shell fund company on the market，Then proceed to the next step of fund manager registration and filing.，After obtaining the fund manager registration certificate，Ready to issue fund products。

[It should be noted that：The business scope of the acquired shell company must involve：Trusted asset management，Trusted management of equity investment funds，Equity investment，Just satisfy one of them]Second，Directly acquire existing registered fund managers on the market，即通常所说的私募基金牌照。Determine the target company for acquisition，After the equity transfer change is completed，Ready to issue fund products。

Third，目前广东唯一可以注册基金公司的地方——珠海横琴，Hengqin Free Trade Zone encourages the development of financial enterprises，Currently open for registration of fund management companies、investment management company、Equity investment companies and other companies that can register as private equity fund managers，Company Name、The company’s business scope meets the conditions，Hengqin Fund Company Registration、私募基金管理人备案登记，咨询港信通- 134-170-46218.WeChat ID： 综合比较前两种途径，前者成本花费较低，The latter

Advantages

是能短时间内直接发行产品。

（深圳）港信通国际在现阶段为企业客户提供的服务中，直接收购壳公司再做基金备案的比较常见。

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