On February 23, the Asset Management Association of China released the monthly report on the registration and filing of private fund managers and products. In January 2024, there were 1252 newly filed private equity funds with a total size of 553.22 billion yuan. Among them, there were 695 newly filed private securities investment funds with a total size of 169.41 billion yuan; 189 newly filed private equity investment funds with a total size of 204.08 billion yuan; and 368 newly filed venture capital funds with a total size of 179.73 billion yuan. In January 2024, 18 institutions were approved on the asset management business comprehensive reporting platform of the Securities Investment Fund Industry Association of China, including 7 private securities investment fund managers and 11 private equity and venture capital fund managers. In January 2024, the association cancelled registration for 48 private fund managers. As of the end of January 2024, there were 21,594 existing private fund managers managing 153,756 funds with a total size of 20.33 trillion yuan. Among them, there were 8,457 private securities investment fund managers; 12,876 private equity and venture capital fund managers; 9 private asset allocation fund managers; and 252 other private investment fund managers. As of the end of January 2024, the distribution of registered private fund managers by location (across 36 jurisdictions) was concentrated in Shanghai, Beijing, Shenzhen, Zhejiang (excluding Ningbo), Guangdong (excluding Shenzhen), and Jiangsu provinces, accounting for 72.16% of the total, slightly higher than December's 72.14%. Specifically, Shanghai had 3,971 managers, Beijing had 3,576, Shenzhen had 3,387, Zhejiang (excluding Ningbo) had 1,703, Guangdong (excluding Shenzhen) had 1,674, and Jiangsu had 1,272, representing proportions of 18.39%, 16.56%, 15.68%, 7.89%, 7.75%, and 5.89% respectively. In terms of fund size, the top 6 jurisdictions were Shanghai, Beijing, Shenzhen, Guangdong (excluding Shenzhen), Jiangsu, and Zhejiang (excluding Ningbo), accounting for 74.78% of the total, slightly lower than December's 74.88%. Specifically, Shanghai had 50,677.17 billion yuan, Beijing had 46,527.48 billion yuan, Shenzhen had 21,031.72 billion yuan, Guangdong (excluding Shenzhen) had 12,684.06 billion yuan, Jiangsu had 11,349.88 billion yuan, and Zhejiang (excluding Ningbo) had 9,764.03 billion yuan, representing proportions of 24.93%, 22.89%, 10.34%, 6.24%, 5.58%, and 4.80% respectively. As of the end of January 2024, there were 153,756 existing private funds with a total size of 20.33 trillion yuan. Among them, there were 97,571 existing private securities investment funds with a total size of 5.52 trillion yuan; 31,322 existing private equity investment funds with a total size of 11.07 trillion yuan; and 23,727 existing venture capital funds with a total size of 3.25 trillion yuan.