The real industry investment fund is a fund that invests in the real industry, that is, the production, service and circulation of material or spiritual products and other economic activities. The real industry includes the material production and service departments such as agriculture, industry, transportation, communication, commercial service, construction, and education, culture, knowledge, information, art Production and service departments of sports and other spiritual products.
Industrial investment funds have the following main characteristics: the investment objects are mainly non listed enterprises; The investment period is usually 3 to 7 years; Actively participate in the operation and management of the invested enterprise; The purpose of investment is to promote the development of the enterprise through investment based on the potential value of the enterprise, and realize capital appreciation income through various exit methods at the appropriate time.
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What is the real industry investment fund
Real industry refers to the production, circulation and other economic activities of material and spiritual products and services. It includes material production and service sectors such as agriculture, industry, transportation and communication industry, commercial service industry and construction industry, as well as production and service sectors of spiritual products such as education, culture, knowledge, information, art and sports. Funds investing in the above industries or industries are called real industry investment funds.
What is Industrial Investment Fund
Industrial fund, also known as industrial investment fund, is a fund model and a collective investment system of benefit sharing and risk work.
Industrial investment funds originated at the end of the 19th century. Some private individuals and bankers invested their surplus funds in oil, railway, steel and other industries. Basically in the form of trust, this is the earliest industrial investment fund.
Industrial funds are called venture capital funds in foreign countries. They make quasi equity investments in potential unlisted companies and realize capital appreciation through equity transfer.
What is industrial fund?
Industrial fund:
It is also called industrial investment fund. It is a large category of concepts. It is commonly called venture capital fund and private equity investment fund in foreign countries. It generally refers to equity or quasi equity investment in unlisted enterprises with high growth potential, and participates in the operation and management of invested enterprises, so as to realize capital appreciation through equity transfer when the invested enterprises are mature. According to the stage of target enterprises, industrial funds can be divided into seed stage or early stage funds, growth stage funds, restructuring funds, etc. Industrial funds involve many parties, including fund shareholders, fund managers, fund custodians, accountants, lawyers and other intermediary service agencies, among which the fund managers are responsible for the specific investment operations and daily management of funds.
Main forms:
1、 The corporate industrial investment fund exists in the form of a joint-stock company or is established in the form of a limited partnership. Each investor of the fund is a shareholder or investor of the fund company, and has the right to make suggestions and questions on the operation of the company (enterprise). The corporate industrial investment fund is a legal person (partner). The management company hired has limited power, and the ownership and management rights are not completely separated. Investors will affect the decision-making orientation of the company to varying degrees, which to a certain extent restricts the management and operation of the fund by the management company.
2、 Contractual industrial investment funds do not exist in the form of joint-stock companies. Investors are not shareholders, but only the parties to the trust contract and the beneficiaries of the fund. They have no right to participate in management decisions. Contractual industrial investment funds are not legal persons. They must entrust management companies to manage and operate fund assets. Ownership and management rights are completely separated, which is conducive to the long-term stable operation of industrial investment funds. Since the management company has sufficient power to manage and operate the fund, the domination of contractual industrial investment fund assets will not be affected by the intention of many small investors to pursue short-term interests, which conforms to the operation mode of modern enterprise system.