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Asset Management Association of China: As of the end of May 2024, the management scale of private equity funds in existence was 19.89 trillion yuan.
On June 21st, the Asset Management Association of China released a document stating that as of the end of May 2024, there were 152,001 private equity funds in existence with a total fund size of 19.89 trillion yuan.
On June 21, the China Securities Investment Fund Association issued a document stating that as of the end of May 2024, there were 152,001 private equity funds with a total size of 19.89 trillion yuan. Among them, there were 95,798 private securities investment funds with a total size of 5.19 trillion yuan; 30,901 private equity investment funds with a total size of 10.99 trillion yuan; and 24,262 venture capital funds with a total size of 3.26 trillion yuan. In May 2024, 7 institutions were approved on the Asset Management Business Comprehensive Submission Platform of the China Securities Investment Fund Association (referred to as the AMBERS system), including 2 private securities investment fund managers and 5 private equity and venture capital fund managers. In May 2024, 179 private fund managers were deregistered by the association. As of the end of May 2024, there were 20,860 private fund managers managing 152,001 funds with a total size of 19.89 trillion yuan. Among them, there were 8,240 private securities investment fund managers; 12,384 private equity and venture capital fund managers; 9 private asset allocation fund managers; and 227 other private investment fund managers. As of the end of May 2024, the number of registered private fund managers was concentrated in Shanghai, Beijing, Shenzhen, Zhejiang (excluding Ningbo), Guangdong (excluding Shenzhen), and Jiangsu, accounting for 72.13% in total. Specifically, Shanghai had 3,855, Beijing had 3,405, Shenzhen had 3,234, Zhejiang (excluding Ningbo) had 1,664, Guangdong (excluding Shenzhen) had 1,646, and Jiangsu had 1,243 private fund managers. In terms of fund management size, the top 6 regions were Shanghai, Beijing, Shenzhen, Guangdong (excluding Shenzhen), Jiangsu, and Zhejiang (excluding Ningbo), which accounted for 74.64% in total. Specifically, Shanghai had 49,146.67 billion yuan, Beijing had 45,713.95 billion yuan, Shenzhen had 20,229.24 billion yuan, Guangdong (excluding Shenzhen) had 12,537.42 billion yuan, Jiangsu had 11,204.50 billion yuan, and Zhejiang (excluding Ningbo) had 9,635.71 billion yuan. In May 2024, there were 745 newly filed private equity funds with a total size of 198.21 billion yuan. Among them, there were 497 private securities investment funds with a total size of 89.18 billion yuan; 104 private equity investment funds with a total size of 53.33 billion yuan; and 144 venture capital funds with a total size of 55.70 billion yuan.
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