成立7个月规模超百亿！私募“百亿俱乐部”扩容

Core Insights - In January 2026, three private equity firms entered or returned to the 100 billion yuan club, indicating a dynamic shift in the private equity landscape [2]. Group 1: New Entrants and Returns - The number of private equity firms managing over 100 billion yuan reached 114 as of January 19, 2026, an increase of one from the end of 2025 [2]. - The three firms that entered or returned to the 100 billion yuan club are Hengyi Chiying (Shenzhen) Private Equity, Guoyuan Xinda, and Suijiu Private Equity [2]. - Hengyi Chiying (Shenzhen) Private Equity, established in May 2025, saw its assets grow from 0 to 5 billion yuan at the end of 2025 to over 100 billion yuan in January 2026 [2][3]. Group 2: Background and Performance - Hengyi Chiying is backed by insurance capital, with its actual controller being Ping An Asset Management, a subsidiary of Ping An Insurance Group [2]. - Guoyuan Xinda has shown strong long-term performance, growing from a reported scale of "over 2 billion yuan" in November 2024 to surpassing 100 billion yuan within a year [2]. - Suijiu Private Equity is making a comeback to the 100 billion yuan tier after previously being part of it [2]. Group 3: Industry Trends - Insurance capital is increasingly entering the private equity securities sector as a means to seek enhanced returns and risk diversification in a low-interest-rate environment [3]. - The continuous improvement of the policy environment and the maturation of private equity strategies are driving this trend [3]. Group 4: Strategy Types - Among the 114 private equity firms, quantitative strategies dominate, with 55 firms (48.25%) employing this approach [4]. - Subjective strategy firms account for 46 (40.35%), while mixed strategies comprise 10 firms (8.77%) [4]. - 38 of the 114 firms hold a Hong Kong Type 9 license, representing 33.33% of the total number of 100 billion yuan private equity firms [4].