私募创始人“一朝背刺”？当事人回应

Core Viewpoint - The conflict between the founders of Jingqi Investment, particularly the expulsion of Fan Siqi, highlights governance issues within private equity firms in China, emphasizing the need for improved ownership structures and incentive mechanisms to ensure sustainable development [2][8][10]. Group 1: Incident Overview - Fan Siqi, the founder and fund manager of Jingqi Investment, claims he was expelled from the company during a shareholder meeting that he was notified about only 9 minutes in advance [2][6]. - In a letter to investors, Fan announced his resignation and the initiation of the liquidation process for the funds he managed, which was later clarified by Jingqi Investment as affecting only a small portion of their total assets under management [4][9]. - The dispute escalated after Fan's article circulated online, accusing the other founder, Tang Jing, of orchestrating his removal without proper discussion [5][6]. Group 2: Company Background - Jingqi Investment was established on March 9, 2015, and registered as a private securities investment fund manager on August 6, 2015, with a management scale between 1 billion and 2 billion [9]. - The ownership structure includes Fan Siqi holding 36.36% of the shares, while Tang Jing and Mao Noping hold 27.27% each, and Shanghai Jing'erqi Enterprise Management Partnership holds 9.09% [9]. Group 3: Governance Issues - The incident has drawn attention to the governance problems prevalent in private equity firms, with experts suggesting that the lack of a reasonable ownership structure and internal checks can lead to power struggles and instability [8][10]. - Recommendations for improving governance include optimizing ownership distribution, establishing internal checks and balances, designing fair incentive mechanisms, and enhancing transparency through better information disclosure [10].