私募开年迎“爆款”！

Core Insights - The influx of incremental capital into the market has significantly accelerated, with a notable issuance of 1 billion RMB in a single day by Fusheng Asset Management, indicating a strong start to the private equity market in 2026 [1][6][8] - The private equity issuance market's vibrancy is a continuation from the previous year, with over 12,000 new private equity securities investment funds registered in 2025, marking an almost 100% increase from 2024 [1][3][10] - Leading private equity firms anticipate that the structural market trends will continue into 2026, emphasizing the value of equity asset allocation [1][5][13] Private Equity Market Activity - Fusheng Asset Management's recent issuance success reflects the overall active private equity market, with 12,645 new registered funds in 2025, a 99.54% increase from 6,337 in 2024 [3][10] - Equity strategies dominate the private equity issuance market, with 8,328 new equity strategy funds accounting for 65.86% of all registered products in 2025 [4][11] - The average return for private equity funds with performance records in 2025 was 25.68%, with 89.74% of the 9,934 funds achieving positive returns [12] Future Market Outlook - In 2026, the scarcity of quality assets in a low-interest-rate environment is expected to persist, making equity assets a preferred choice for investors [5][13] - The trend of capital inflow into the market is anticipated to continue, particularly as domestic savings shift towards equity assets and insurance funds release additional allocation space [5][13] - Technological advancements in sectors such as commercial aerospace, smart driving, and robotics are expected to drive further structural opportunities in the market [5][13]