百亿私募数量增至113家 量化私募占比近50%

Core Insights - The private equity industry has seen significant changes due to a recovering market, with the number of billion-yuan private equity firms surpassing 113 as of October 31, 2025 [1] - Among the 18 new entrants to the billion-yuan private equity club in October, 10 are first-time entrants while 8 have returned [1] Group 1: Market Dynamics - Quantitative private equity firms have emerged as the dominant force among the new entrants, with 10 out of 18 new billion-yuan private equity firms being quantitative, highlighting their strong growth in the current market environment [2] - As of October 31, 2025, there are 55 quantitative billion-yuan private equity firms, accounting for 48.67% of the total, while subjective firms number 47, making up 41.59% [2] Group 2: Performance and Growth Factors - The increase in the number of billion-yuan private equity firms is attributed to several factors, including the concentration of industry resources towards leading firms, strong stock market performance, and overall positive returns in the private equity sector [3] - As of October 31, 2025, the average return for 74 billion-yuan private equity firms this year is 29.57%, with 72 firms achieving positive returns, representing 97.30% [4] - Quantitative private equity firms have shown superior performance, with an average return of 32.88% compared to 25.12% for subjective firms and 21.79% for mixed strategy firms [4]