On January 26, the China Securities Investment Fund Association issued a document stating that as of the end of December 2023, there were 21,625 existing private fund managers, managing a total of 153,079 funds with a total fund size of 20.58 trillion yuan. Among them, there were 8,469 private securities investment fund managers, 12,893 private equity and venture capital fund managers, 9 private asset allocation fund managers, and 254 other private investment fund managers. In December 2023, a total of 38 institutions were approved on the comprehensive asset management business submission platform of the China Securities Investment Fund Association, including 14 private securities investment fund managers and 24 private equity and venture capital fund managers. In December 2023, 112 private fund managers were deregistered by the association. By the end of December 2023, the registered number of private fund managers was concentrated in Shanghai, Beijing, Shenzhen, Zhejiang (excluding Ningbo), Guangdong (excluding Shenzhen), and Jiangsu, accounting for a total of 72.14% (based on the distribution in 36 jurisdictions), which remained the same as in November. Among them, there were 3,973 in Shanghai, 3,575 in Beijing, 3,400 in Shenzhen, 1,703 in Zhejiang (excluding Ningbo), 1,679 in Guangdong (excluding Shenzhen), and 1,271 in Jiangsu, accounting for 18.37%, 16.53%, 15.72%, 7.88%, 7.76%, and 5.88% respectively. In terms of fund management size, the top 6 jurisdictions were Shanghai, Beijing, Shenzhen, Guangdong (excluding Shenzhen), Jiangsu, and Zhejiang (excluding Ningbo), accounting for 74.88% of the total fund size, which was the same as in November. Among them, Shanghai accounted for 51,643.25 billion yuan, Beijing for 46,513.13 billion yuan, Shenzhen for 21,493.37 billion yuan, Guangdong (excluding Shenzhen) for 12,891.05 billion yuan, Jiangsu for 11,416.24 billion yuan, and Zhejiang (excluding Ningbo) for 10,130.10 billion yuan, with percentages of 25.10%, 22.60%, 10.45%, 6.26%, 5.64%, and 4.92% respectively. In December 2023, there were 1,537 newly registered private funds with a total size of 603.19 billion yuan. Among them, there were 785 private securities investment funds with a total size of 154.01 billion yuan, 259 private equity investment funds with a total size of 269.01 billion yuan, and 493 venture capital funds with a total size of 180.17 billion yuan. As of the end of December 2023, there were a total of 153,079 existing private funds with a total fund size of 20.58 trillion yuan. This included 97,258 existing private securities investment funds with a total size of 5.72 trillion yuan, 31,259 private equity investment funds with a total size of 11.12 trillion yuan, and 23,389 venture capital funds with a total size of 3.21 trillion yuan.