多地证监局开罚单！这些知名私募受罚

Core Viewpoint - The private equity industry is undergoing a significant regulatory crackdown, with multiple firms facing penalties for various violations, indicating a trend of increased scrutiny and potential market exit for non-compliant entities [1][3][4]. Group 1: Regulatory Actions - Zhejiang Securities Regulatory Bureau issued a warning letter to Jiaming Asset Management for non-compliance with fund contract investment scopes and providing non-actual investment agreements to custodians [4]. - Hainan Securities Regulatory Bureau ordered Jiayue Private Securities Fund Management to rectify issues related to inter-fund investments and fundraising from non-qualified investors [4]. - Other firms, including Beijing Yanstone Investment and Shanghai Leitu Asset Management, also received warning letters from their respective regulatory bodies [5]. Group 2: Industry Trends - The private equity industry is experiencing a rapid exit of problematic firms, with 580 firms having been deregistered this year alone, continuing a trend from previous years [6][7]. - Cumulatively, since 2021, a total of 8,063 private equity firms have been deregistered, reflecting ongoing challenges within the industry [8]. - As of April 2025, there are 19,891 active private equity fund managers managing a total of 20.22 trillion yuan in assets, with a significant portion in private securities and equity investment funds [8].