Group 1 - The private equity investment sector is experiencing favorable policies, with many regions establishing large-scale comprehensive mother funds to promote local industrial development and integrate innovative resources [1] - The "2025 China Mother Fund Conference" was successfully held in Suzhou, attended by over 200 representatives from government departments, industry associations, mainstream mother funds, insurance asset management, and top investment institutions [1] - Suzhou is actively optimizing the entire chain ecology of the private equity fund industry, focusing on the coordination between funds and industries to enhance capital empowerment [1] Group 2 - Suzhou has become a national hub for venture capital, showcasing strong capital aggregation and innovation vitality in fund establishment, financing events, and IPOs in the first half of 2025 [2] - The private equity investment industry is undergoing deep adjustments, facing challenges such as fundraising difficulties and limited exit channels, necessitating the development of "reassuring capital" that combines risk tolerance and long-term support [2] - Industry experts discussed themes such as the collaboration between national mother funds and local government-guided funds, capturing investment opportunities in the Yangtze River Delta's industrial innovation, and how mother funds can promote high-quality regional integration [2]

中经记者 郝亚娟 夏欣 上海、北京报道 （编辑：朱紫云 审核：何莎莎 校对：颜京宁） 当前，越来越多的国有资本参与产业基金投资。9月26日，在"2025中国母基金会议——新周期·新策略· 新机遇"活动上，母基金研究中心创始人、水木资本董事长唐劲草指出，当前股权投资行业正经历深度 调整，面临募资难、退出渠道有限等严峻挑战，应大力发展兼具"大胆资本"风险承受力与"耐心资本"长 期陪伴特性的"放心资本"，通过引入长期资金、完善风控、创新退出机制及完善对创业投资的差异化监 管等方式破局。 此次活动上，共签约设立7只聚焦人工智能、半导体、新能源新材料等战略性新兴产业的专项子基金， 总规模超过65亿元。此举旨在通过"母基金+子基金"的联动机制，充分发挥国有资本的引导放大效应， 撬动更多社会资本共同投入科技创新主战场。 ...