由平安证券主办的2025"聚力共赢，智领未来"私募生态合作峰会，将于12月12日在深圳举行。本次峰会 由于占据天时地利人和，可谓亮点纷呈。 立足22万亿元时代，解码2026投资布局 2025年，A股市场交投活跃，中国权益资产估值引力提升，增量资金持续入场，私募规模也悄然迈入22 万亿元时代。 中国证券投资基金业协会发布的2025年10月份《私募基金管理人登记及产品备案月报》显示，截至10月 末，存续私募基金规模达22.05万亿元，较9月末增加1.31万亿元，创下历史新高；证券私募作为聚焦二 级市场的专业力量，更是强势崛起，存续私募证券投资基金达到80214只，存续规模为7.01万亿元，相 比于9月末增长超1万亿元，也创出历史新高。与此同时，百亿私募显著扩容，私募排排网数据显示，截 至10月31日，百亿级私募数量增至110家以上。 规模急速增长，意味着私募行业重返黄金时代。可以看到，中国私募基金业正深度融入国家战略，通过 跨境通（002640）道布局全球资产，在支持科技创新、培育新质生产力中彰显金融担当，成为建设金融 强国的重要推动力量。 当下，步入高质量发展新阶段的私募机构，正积极布局来年。如何通过深度交流， ...

Core Insights - The article discusses the expansion of registered private securities fund managers in the second half of 2025, with 12 new managers registered by mid-September, indicating a growing trend in the private equity sector [1][22]. Group 1: New Registrations - A total of 12 new private securities fund managers have been registered in the second half of 2025, with 6 in July, 3 in August, and 3 in September [1][22]. - The new managers include notable firms with experienced teams, such as Zhejiang Innovation Power and Hainan Sigma, which focus on securities investment and quantitative strategies, respectively [5][6]. Group 2: Manager Profiles - Zhejiang Innovation Power, established on December 18, 2024, focuses on securities investment and is backed by the Zhejiang Provincial Government [5]. - Hainan Sigma, founded on March 24, 2025, specializes in quantitative strategies for the Chinese secondary market, led by experienced professionals from major securities firms [6]. - Shanghai Rui Cheng, registered on July 14, 2025, is led by Ding Luming, a seasoned analyst with 17 years of experience in the securities industry [7]. - Shanghai Li Quan, established on April 19, 2024, is managed by Song Xiaolong, a veteran fund manager with a strong background in quantitative and systematic development [8]. Group 3: Fund Registration Statistics - As of September 16, 2025, a total of 37 fund managers have completed registration, with most managing between 0-5 billion yuan, while some have surpassed the 20-50 billion yuan range [22]. - Among these, 24 managers have registered a total of 99 funds, with Yangzhou Yuanhe leading with 34 funds registered [22][24]. Group 4: Industry Trends - The article highlights a trend of experienced professionals leaving established firms to start their own private equity firms, driven by the desire for strategic autonomy and better financial incentives [24][25]. - The competitive landscape of the private equity industry is evolving, with smaller firms gaining opportunities due to stricter regulations and the rising operational costs of larger firms [25].