最新，20.27万亿元

Group 1 - The total scale of private equity funds in China reached 20.27 trillion yuan by the end of May 2025, marking a month-on-month increase of 0.25% and achieving positive growth for six consecutive months [1] - Private equity investment funds accounted for 54.2% of the total scale, with a size of 10.98 trillion yuan, while private securities investment funds and venture capital funds represented 27.3% and 16.8%, with sizes of 5.54 trillion yuan and 3.41 trillion yuan respectively [1] Group 2 - In May, the number of newly registered private fund managers decreased significantly, with only 4 new registrations compared to 16 in April, while 63 managers were deregistered, resulting in a net decrease of 59 managers [3] - As of the end of May, there were 19,832 active private fund managers managing a total of 140,870 funds, with private securities investment fund managers numbering 7,802 and private equity and venture capital fund managers totaling 11,835 [3] Group 3 - The number of newly registered private funds in May was 1,219, with a new registration scale of 607.26 billion yuan, indicating stable growth [4] - Among the new registrations, private securities investment funds accounted for 880 funds with a scale of 438.91 billion yuan, while private equity investment funds and venture capital funds had 125 and 214 new registrations, with scales of 67.07 billion yuan and 101.28 billion yuan respectively [4] Group 4 - The distribution of registered private fund managers is concentrated in major regions, with Shanghai, Beijing, and Shenzhen being the top three, accounting for 72.20% of the total [4] - The total scale of funds managed by the top six regions reached 75.06%, an increase from 75.02% in April, with Shanghai leading at 50,892.65 billion yuan, followed by Beijing at 47,034.42 billion yuan and Shenzhen at 19,704.47 billion yuan [4]