Core Viewpoint - The number of billion-level private equity firms has reached 100 as of October 22, 2023, marking an increase of 4 firms since the end of September 2023, driven by structural opportunities in the A-share market and the strengthening of the "head effect" in the industry [1] Group 1: Private Equity Growth - The total number of billion-level private equity firms has increased to 100, up from 96 at the end of September 2023 [1] - New entrants include Shanghai New Equation Private Equity, Wangzheng Asset, and Jing'an Investment, while Dadao Investment is making its debut in the billion-level category [1] Group 2: Strategy Breakdown - Among the 100 billion-level private equity firms, 46 are quantitative private equity firms, accounting for 46% of the total [1] - There are 44 subjective private equity firms, also making up 44% of the total [1] - Additionally, there are 8 mixed strategy private equity firms, and 2 firms have not disclosed their investment models [1] Group 3: Market Dynamics - The expansion of billion-level private equity firms is attributed to the performance and scale increase of private equity products due to structural opportunities in the A-share market [1] - The industry is experiencing a trend towards standardized development, which is enhancing the "head effect" and allowing quality private equity firms to capture a larger share of the market [1]
百亿级私募数量升至100家
Shang Hai Zheng Quan Bao·2025-10-22 04:00