促进母基金行业规范化、专业化、透明化发展 第二届中国母基金创新发展交流大会在厦门举行

Core Viewpoint - The second China Mother Fund Innovation Development Exchange Conference was held in Xiamen, focusing on how industrial capital can achieve innovation breakthroughs and ecological co-construction in a new cycle, particularly through CVC (Corporate Venture Capital) and merger funds [1][4]. Group 1: CVC and Mother Fund Development - The conference introduced the first national S Mother Fund evaluation system and guidelines, aimed at promoting the standardized, professional, and transparent development of the mother fund industry [3][4]. - The evaluation system consists of three categories: conventional indicators for GP evaluation, special indicators for S funds, and innovation bonus indicators, totaling 12 primary indicators and 45 secondary indicators [3][4]. - The guidelines include a due diligence framework with six steps, addressing the unique evaluation needs of S funds, which have emerged in the last two years and lack existing assessment benchmarks [4][6]. Group 2: Xiamen Free Trade Zone Initiatives - The Xiamen Free Trade Zone has established the first market-oriented S Mother Fund, guided by the government, to invest in S funds and S share transactions [4][9]. - The Xiamen International Fund Port aims to become a global hub for mother funds and private equity investment funds, with 27 funds registered and a total scale of approximately 9.626 billion yuan, including various types of funds [7][9]. - The Xiamen Free Trade Zone has launched over 180 financial and tax innovation measures since its establishment, focusing on attracting financial institutions and promoting new financial business models [9][10]. Group 3: Future Directions and Collaborations - The Xiamen Free Trade Zone plans to deepen collaboration with partners to expand the cooperative space between CVC and merger funds, focusing on industrial development and technological innovation [10]. - The initiative aims to transform the advantages of the free trade zone into sustainable capital development momentum, while attracting global quality capital resources [10].