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算命、修家谱、卖课…私募基金违规被通报
母基金研究中心·2025-06-25 08:54

Core Viewpoint - The recent report from the Shenzhen Securities Regulatory Bureau highlights the increasing prevalence of private equity funds engaging in activities unrelated to their core business, raising concerns about compliance and ethical standards in the industry [1][2]. Summary by Sections Violations Identified - The report identifies six typical violations among private equity fund managers, including selling pseudo-gold exchange products, providing consulting services, selling equity of investment target companies, assisting non-employees in obtaining fund practitioner qualifications, and conducting unrelated activities in office spaces [1][8]. Specific Cases - A private equity firm was found promoting a real estate company's receivables transfer plan through a pseudo-gold exchange, earning over 1.5 million yuan in consulting fees [3]. - Another firm signed multiple financing service agreements to help companies secure funding from outside channels, charging fees based on the financing amount [4]. - A firm managed two funds and acquired shares from a company’s controlling shareholder at zero cost, later selling them to third-party investors, profiting over 200,000 yuan [5][6]. - A firm assisted non-employees in obtaining fund practitioner qualifications, disrupting industry order by facilitating unauthorized registrations [7]. - Some firms operated in shared office spaces without proper identification, engaging in unrelated activities such as fortune-telling and paid knowledge services [8]. Industry Trends - The private equity industry is undergoing a rapid cleansing process, with 598 private fund managers deregistered as of June 24, 2024, including many well-known institutions [9][10]. - The number of private equity fund managers has decreased significantly, with 1,2083 registered as of 2024, down by 810 from 2023 [10]. - The industry is witnessing a survival of the fittest, as fundraising becomes critical for private equity and venture capital firms, with over 100 firms deregistered due to inactivity [11][12].