12月18日，中国证券投资基金业协会发布2025年11月私募基金管理人登记及产品备案月报。数据显示，2025年11 月，新备案私募基金数量1,689只，新备案规模713.42亿元。其中，私募证券投资基金1,285只，新备案规模477.26亿 元；私募股权投资基金134只，新备案规模133.52亿元；创业投资基金270只，新备案规模102.64亿元。 一、私募基金管理人登记总体情况 (一)私募基金管理人月度登记情况 (三)私募基金管理人地域分布情况 截至2025年11月末，已登记私募基金管理人数量从注册地分布来看(按36个辖区)，集中在上海市、北京市、深圳 市、浙江省(除宁波)、广东省(除深圳)和江苏省，总计占比达72.35%，略高于10月份的72.34%。其中，上海市3,635 家、北京市3,190家、深圳市2,878家、浙江省(除宁波)1,547家、广东省(除深圳)1,534家、江苏省1,190家，数量占比 分别为18.82%、16.52%、14.90%、8.01%、7.94%和6.16%。 从管理基金规模来看，前6大辖区分别为上海市、北京市、深圳市、广东省(除深圳)、江苏省和浙江省(除宁波)，总 计占比达 ...

Core Insights - The China Fund Industry Association reported that as of June 2025, there were 1,540 newly registered private equity funds with a total scale of 50.057 billion yuan [1] - The newly registered private securities investment funds numbered 1,131 with a scale of 29.983 billion yuan, while private equity funds totaled 147 with a scale of 9.263 billion yuan, and venture capital funds reached 262 with a scale of 10.811 billion yuan [1] Group 1 - As of the end of June 2025, there were 140,558 existing private equity funds with a total scale of 20.26 trillion yuan [4] - The existing private securities investment funds numbered 83,356 with a scale of 5.56 trillion yuan [4] - The existing private equity funds totaled 30,201 with a scale of 10.95 trillion yuan, and venture capital funds reached 26,144 with a scale of 3.41 trillion yuan [4]

Core Insights - The private fund registration enthusiasm has been high since March 2023, with new registrations exceeding 1,000 funds for three consecutive months [2] - As of May 2025, the total number of existing private funds reached 140,870, with a total scale of 20.27 trillion yuan [2][3] Group 1: New Registrations - In May 2025, 1,219 new private funds were registered, with a total scale of 607.26 billion yuan [1] - The breakdown of new registrations includes 880 private securities investment funds (438.91 billion yuan), 125 private equity funds (67.07 billion yuan), and 214 venture capital funds (101.28 billion yuan) [1] Group 2: Existing Funds - As of the end of May 2025, there are 140,870 existing private funds with a total scale of 20.27 trillion yuan, maintaining above the 20 trillion yuan mark [2] - The existing private securities investment funds number 83,829 with a scale of 5.54 trillion yuan, private equity funds number 30,201 with a scale of 10.98 trillion yuan, and venture capital funds number 25,973 with a scale of 3.41 trillion yuan [2] Group 3: Fund Management Institutions - By the end of May 2025, there are 19,832 existing private fund managers managing 140,870 funds with a total scale of 20.27 trillion yuan [2] - The distribution of private fund managers includes 7,802 managing private securities investment funds and 11,835 managing private equity and venture capital funds [2] Group 4: Regional Distribution - The majority of registered private fund managers are concentrated in Shanghai, Beijing, Shenzhen, Guangdong (excluding Shenzhen), Zhejiang (excluding Ningbo), and Jiangsu, accounting for 72.20% of the total [3] - The top six regions by fund management scale are Shanghai (50.89 trillion yuan), Beijing (47.03 trillion yuan), Shenzhen (19.70 trillion yuan), Guangdong (excluding Shenzhen) (13.02 trillion yuan), Jiangsu (11.80 trillion yuan), and Zhejiang (excluding Ningbo) (9.67 trillion yuan), together representing 75.06% of the total scale [3]

Group 1 - The core viewpoint of the article highlights the recent data released by the Asset Management Association of China regarding the private equity fund sector, indicating a significant number of new registrations and total assets under management [1] Group 2 - In April 2025, the number of newly registered private equity funds reached 1,606, with a total new registration scale of 64.372 billion yuan [1] - Among the new registrations, private securities investment funds accounted for 1,189 funds with a scale of 36.695 billion yuan, while private equity investment funds totaled 143 funds with a scale of 16.101 billion yuan, and venture capital funds reached 274 funds with a scale of 11.576 billion yuan [1] - As of the end of April 2025, there were 141,579 existing private equity funds with a total scale of 20.22 trillion yuan [1] - The existing private securities investment funds numbered 84,673 with a scale of 5.51 trillion yuan, while private equity investment funds totaled 30,205 with a scale of 10.96 trillion yuan, and venture capital funds reached 25,830 with a scale of 3.41 trillion yuan [1]