河南印发《关于促进政府投资基金高质量发展的实施意见》

Group 1 - The article discusses the implementation opinions issued by the Henan Provincial Government on promoting the high-quality development of government investment funds [1] - It emphasizes the development of long-term capital, patient capital, and strategic capital [1] - The duration of fund existence can be flexibly set according to industry development rules and the characteristics of the enterprise lifecycle [1] Group 2 - The maximum duration for industrial investment mother funds is set at 15 years, while for venture capital mother funds, it is 20 years [1] - Funds adopting direct investment models have a maximum duration of 10 years [1] - The investment period and exit period of funds should be reasonably determined, with no investments allowed during the exit period [1] Group 3 - The financial department's establishment of fund contribution entities is not subject to the aforementioned time limits [1]